Apple Vision Pro pushes Apple shares to record high

The Apple Vision Pro announcement has helped push Apple's share price to an all-time high closing price.

Positive investor speculation has helped Apple's share price exceed a previous high set in 2022 when it crossed a $3 trillion market cap. Apple refreshed a few Macs and announced its usual operating system updates during WWDC a week prior, but all eyes are on Apple Vision Pro and the future of spatial computing.

According to a report from CNBC, Apple's stock closed at $183.79 per share on Monday — a new record. The price rose by 1.5% throughout the trading day.

At $183.79 per share, Apple is valued at $2.89 trillion. The company is expected to cross $3 trillion again in 2023, likely due to Apple's position to "break through" where other headsets haven't.

Apple Vision Pro is an augmented reality device with the ability to shift to virtual reality on demand. The device differs from competitors' headsets due to its focus on work within the user's physical space.

Apple hasn't revealed everything about the new headset yet, so there is more to come before its 2024 release. Apple Vision Pro starts at $3,499.

23 Comments

FileMakerFeller 6 Years · 1561 comments

About 1 year ago

Up roughly $50 since the start of the year. Just incredible.

jeffharris 22 Years · 851 comments

It's not the all-time all time high.
Before the 7x stock split back in 2014 it was something like $650 per share.
There was a 4x stock split in 2020. Shares were about $380.

They were real nice for me! 😃

coolfactor 20 Years · 2341 comments

jeffharris said:

It's not the all-time all time high.
Before the 7x stock split back in 2014 it was something like $650 per share.
There was a 4x stock split in 2020. Shares were about $380.

They were real nice for me! 😃

I'm not an investor, but my understanding is that a stock split does not change the value of a shareholder's earnings. You just get more of them.

When news articles report an "all time high", they are not talking about the dollar value of each individual share (ie. $100, $200, $300), but rather than value of a share to shareholders.

If a share is valued at $700, and you own one of them, you'd have 1 x $700 = $700.

If a 7x stock split happens, you have 7 x $100 = $700.

Now if the share price goes up to $200 each, that $200 share is technically worth more than that original single $700 share, since you'd have 7 x $200 = $1400.

I could be completely wrong, but this is how I see share prices being valued. It's not about their individual dollar value, but the "worth" overall to shareholders.

Xed 4 Years · 2896 comments

jeffharris said:

It's not the all-time all time high.
Before the 7x stock split back in 2014 it was something like $650 per share.
There was a 4x stock split in 2020. Shares were about $380.

They were real nice for me! ߘ㦬t;/div>
Are you looking at the actual price per share, or the price of the stock after splits are adjusted? When people talk about the price of a share, unless otherwise stated that they're talking about a specific purchase price for a single share—like you may find with something like a Berkshire Hathaway share (NYSE: BRK.A) at $$509k—we always automatically adjust for for splits because those are already automatically adjusted in the history of the stock.

godofbiscuits 10 Years · 249 comments

I'm going to assume that the stock price can be at all-time high, but the valuation of the company isn't at an all time high because of all the stock buy-backs?