Shares of Apple close at all-time high of $160.08, blowing past previous record

As hype for the "iPhone 8" continues to build, investors are buying in on Apple stock, sending shares to new record highs on Tuesday. The gains held throughout the day, allowing AAPL stock to close above the $160 mark for the first time ever.

Prior to Tuesday's record setting close of $160.08, the previous all-time high was $157.14.

Apple also exceeded its intraday trading record, surging past the old record of $159.75. During trading on Tuesday, shares of AAPL went as high as $161.83.

Apple stock has been a strong performer of late, and has seen a considerable upswing since the company announced better-than-expected third-quarter earnings last week. The company also provided investors with strong guidance for the current September quarter, leading to expectations that the highly anticipated "iPhone 8" will debut before September is through.

Apple's gains throughout 2017 have been relatively steady, after shares of the company started off the year around $116.

28 Comments

carnegie 11 Years · 1084 comments

About 7 years ago

AppleInsider said:

...

Prior to Tuesday's record setting close of $160.08, the previous all-time high was $157.14.

Apple also exceeded its intraday trading record, surging past the old record of $159.75. During trading on Tuesday, shares of AAPL went as high as $161.83.

...

AAPL's previous all-time closing high was the $158.81 that it closed at yesterday.

2 Likes · 0 Dislikes

JanNL 10 Years · 328 comments

About 7 years ago

sog35 said:

Like I've been saying since late last year: $170 by end of 2017.

Glad I don't listen to teh bull shit media who was dumping on Apple all last year and the beginning of this year. My shares are looking NICE.

Prediction for 2018? Too early to tell. But we could see $200.

Don't start any new predictions please ;)

It was a nice day, "stockwise".

4 Likes · 0 Dislikes

y-notround2 10 Years · 31 comments

About 7 years ago

Apple could always Split 1 to 5 and give a other Run up to 150 in the next 10 years.
1 was gifted one Apple Stock a number of years ago. (Oct 2001)
it Doubled once
and then split 7 fold.
making the Gesture of one Stock in a frame value at the time 1 US Dollar
now 14 stock valued at $ 2240
Now if.......

4 Likes · 0 Dislikes

ihatescreennames 20 Years · 2002 comments

About 7 years ago

sog35 said:

y-notround2 said:

Apple could always Split 1 to 5 and give a other Run up to 150 in the next 10 years.
1 was gifted one Apple Stock a number of years ago. (Oct 2001)
it Doubled once
and then split 7 fold.
making the Gesture of one Stock in a frame value at the time 1 US Dollar
now 14 stock valued at $ 2240
Now if.......

That would mean Apple would be worth close to $3.5 trillion.

Maybe he means the value of the frame was $1?

It wouldn't surprise me if his current valuation is correct but he's off on the original, 2001, price. I can't remember AAPL being that low since I started paying attention to it, which was long ago.