Apple stock price hits record high! Market value approaches 3.5 trillion: surpassing Microsoft and returning to the top spot in the U.S. stock market

According to news on July 9, the S&P and Nasdaq closed at record highs today in the United States. Apple rose 0.65%, with a total market value of nearly US$3.5 trillion, surpassing Microsoft and returning to the top spot in the US stock market. Behind this is the strong performance of the iPhone 15 series and iPhone 16 series.

It is reported that since the Lunar New Year, the price of iPhone has been reduced many times in the domestic market. During the recent 618 promotion, it fell to an all-time low price, with the highest official price reduction reaching 2,350 yuan.

The effect of price cuts is very obvious. Based on data from the Institute of Information and Communications Technology, Apple’s domestic iPhone shipments increased by 40% in May this year, compared with a 52% increase in April, and are expected to continue to grow in June.

At the same time, there is also good news about the stocking of the iPhone 16 series. The supply chain said that Apple has raised its stocking target to about 90 million units, which means that Apple has increased confidence in the new machine. This year’s increase in stockpiling suggests that Apple expects demand for its new products in 2024 to be higher.

It is reported that the iPhone 16 series will all have 8GB of memory this time. In addition, it is expected to be equipped with a high-refresh screen as standard. The entire series supports the Apple Intelligence function, and may get good market response.

The above is the detailed content of Apple stock price hits record high! Market value approaches 3.5 trillion: surpassing Microsoft and returning to the top spot in the U.S. stock market. For more information, please follow other related articles on the PHP Chinese website!