Apple shares rose to a record value
13.02.2017 Erika J. Wells 0 Comments
Apple shares reached record highs in anticipation of the spring launch of new products. As the data exchange Nasdaq, on Monday, shares of Apple broke the mark of $133 apiece.
Today after the opening bell, Apple shares were trading at $133,7 that is above the record value of $133, recorded in February 2015. According to observers, the growth of interest of investors to shares of “Apple” giant due to a combination of factors: the pending release of the new iPhone this year, with improving sales in China and the growth of revenues from apps and streaming music service Apple Music.
Last year, Apple shares declined not too optimistic financial results — at some point the company ceased to be the most expensive in the world, replaced by Google. Now Apple is again in first place on value.
The release of the iPhone 7 in September of last year have not resulted in significant sales growth. Thus, according to the company Kantar Worldpanel, it became the best selling smartphone in China. This, according to Director of investments company AllianceBernstein Holding Jim Tierney, convinced the investors that the iPhone has not lost popularity in China.
Apple’s capitalization according to trading on Thursday is estimated at $700 billion, the Company retains the title of most expensive companies in the world, ahead of the nearest competitor — Google — about $125 billion.