Apple shares hit record $120
Apple reached a new milestone on Friday, as shares set a new record high by breaking through the $120 mark.
Apple Inc.
$169.30
13:09 26/04/24
-0.35%
-$0.59
Nasdaq 100
17,718.30
12:15 26/04/24
1.65%
287.79
Shares in the iPhone maker rose by as much as 0.9% in the first two hours of trading in New York to $120, surpassing the previous intraday high of $119.40 reached last November.
On Tuesday, Apple surprised Wall Street with earnings well above expectations, as fourth quarter net profit grew 37% year-on-year to $18bn, the biggest quarterly profits reported any public company in history.