After reaching a new record closing high yesterday, Apple this morning reached a new all-time record high of $644.13, just passing its prior record of $644, set in April. The record comes after Apple paid their first dividend in 17 years, and with consumers anticipating a new wave of Apple devices this fall.
While Apple only briefly remained at that value (as of now, the stock is at 643.18), it shows that Apple’s stock is strongly on the rise ahead of a promising series of fall releases, which is expected to begin with the announcement of a new iPhone on September 12.
Hold on to your hats, investors. Owning Apple stock just got a whole lot more exciting!