Apple reaches all-time high on NASDAQ, $375

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Following a record high for NASDAQ today on Wall Street, Apple’s stock reached $375, an all-time high for the company. Analysts more recently and have shown increased optimism in Apple reaching $400 before the end of the year on the backdrop of new iPhone releases.

Apple’s investor confidence hit new bottoms as COVID19 swept society, shuttering production for its suppliers and amid concerns of a potential iPhone 12 delay. Despite the alarm bells, analysts remain optimistic that the companies services such as Apple Arcade, Apple Music, and Apple TV+ will capture more interest of investors.

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Sami started falling in love with Apple in 2010 with the iPhone 4S. As a registered developer, he deeply admires the world of Apple. Sami is an aspiring journalist, writer, and actor. He also has devoted his life to sharing his passion and knowledge with others around the world.