Apple’s stock prices are usually in a pretty good place, but things were (understandably) a little shaky for a while considering the current COVID-19 situation. However, after a dip that lasted a couple of months things are now returning to normal, and now they have even reached a new all-time high.
The company previously broke their intraday-high record on January 29th of this year, when stock prices reached $327.85. However, today their stock prices have climbed back up to and even surpassed that number, hitting $328. Shares had dropped down to as low as $212.61 on March 23rd, but they didn’t stay there for long and quickly restarted their ascent.
The company as a whole is up over $4.00 thanks to big market gains in the U.S. in the month of May. Employment numbers continue to be very impressive under the Trump administration, and despite the current health situation May’s employment numbers actually saw an unexpected increase.
In related news, Apple has continued to enjoy immense success in the wearables market. It was revealed recently that their domination of the market continued in the first quarter of this year, where they shipped 21.2 million wearables. Strong sales for both the AirPods and Beats helped reach these numbers, with the Apple Watch also continuing to perform strongly.
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