Apple stock reaches highest price ever after Warren Buffett's praise

http://ift.tt/2BxJ1w1

The iPhone maker's stock price reached an all-time high today after the famed billionaire investor says one of his companies has purchased more shares of Apple than any other stock.

According to the NASDAQ, Apple's stock price officially reached an all-time high of slightly above its previous record of $180.10 earlier today. While AAPL has been on the rise since plummeting to $150.24 on February 9 according to MacRumors, many are attributing the record high to billionaire investor Warren Buffett.

In a conversation with CNBC among talk of basketball and his annual letter to shareholders, Buffett commended Apple. He revealed that his multinational company Berkshire Hathaway has purchased more shares of Apple than any other stock in the last year, saying that Apple has an "extraordinary consumer franchise":

I like Tim Cook very much. I like their policies. I see how strong that ecosystem is. It's to an extraordinary degree.

Berkshire Hathaway now holds 65.3 million shares of Apple, according to the U.S. Securities and Exchange commission.

MacRumors also notes that while Apple's stock price has technically traded for higher prices than the all-time high seen this morning, this new price "accounts for multiple stock splits that have occurred over the years," and that Apple now has a market capitalization of over $900 billion.

Currently, Apple's stock is hovering around (a still very impressive) $179.64.

Thoughts?

Has Warren Buffett convinced you to purchase a share of AAPL? Do you think he's the cause of the spike in Apple's stock price? Share your thoughts and any questions you have in the comments below.

from iMore - The #1 iPhone, iPad, and iPod touch blog http://ift.tt/2ou9yXc

Comments

How to Get a MacBook or MacBook Pro Keyboard Repaired Free Under Apple's Service Program

https://ift.tt/2tocBCJ Apple has initiated a new worldwide service program offering free repairs of MacBook and MacBook models equipped with low-profile, butterfly mechanism keyboards, after the company determined that "a small percentage" of the keyboards may develop one or more of the following issues: Letters or characters repeat unexpectedly Letters or characters do not appear Key(s) feel "sticky" or do not respond in a consistent manner Apple or Apple Authorized Service Providers will service eligible MacBook and MacBook Pro keyboards free of charge. Apple says the process may involve the replacement of one or more keys or the whole keyboard. The following MacBook and MacBook Pro models are eligible for the program: MacBook (Retina, 12-inch, Early 2015) MacBook (Retina, 12-inch, Early 2016) MacBook (Retina, 12-inch, 2017) MacBook Pro (13-inch, 2016, Two Thunderbolt 3 Ports) MacBook Pro (13-inch, 2016, Four Thunderbolt 3 Ports) MacBook Pro

How to like, comment, and add subscribers to shared photo albums on your iPhone, iPad, Mac, or PC

https://ift.tt/2q570On With iCloud Photo Sharing, you can share, like, and comment on photos and videos with friends and family around the world — no social media account needed. Making or subscribing to a shared photo album on iCloud is just the beginning: Once you're part of a shared album with your friends, family, or co-workers, you can add comments, like photos, invite more pals into the fray, and more. iCloud Photo Sharing: The ultimate guide If you want the social media experience without having to plaster your images across the internet, iCloud Photo Sharing offers some great tools for it. Here's how you can like your friends' images, add new people to an existing shared album, and add comment threads to photos and video. How to share albums with people who don't use iCloud How to add someone to a shared photo album How to remove someone from a shared photo album How to let other people add photos and video to your shared photo album How to like

These stands are perfect if you own an Apple Watch and an iPhone

http://ift.tt/2Ak85d4 Don't let cable mess give you stress. Charge your Apple Watch and iPhone at the same time with these excellent stands! You use your iPhone and Apple Watch every day and that means you're constantly charging up your devices. If you have a small workspace or a tiny bedroom dealing with tangled cords can be a nightmare and the mess this cable chaos can create is infuriating. When it comes to charging your iPhone and Apple Watch fewer options are has practical or as elegant as a stand. Here are our favorite charging stands that let you charge your Apple Watch and iPhone together. Belkin Valet Charge Dock OLEBR 3-in-1 charging stand Vico wooden charging cradle Mercase Apple Watch nightstand ZVE Apple Watch stand Twelve South HiRise Duet EVOLUS 3 Qi Belkin Valet Charge Dock When it comes to charging your Apple Watch and iPhone together, why not get the product straight from the source. The Belkin Valet Charge Dock is made exclusively for App

Apple Rumors

Search This Blog