Thursday 26 April 2018

Apple shares close over $100, all-time high before iPhone 6 launch

Apple Inc
Apple Inc

Apple shares closed at their highest ever level ahead of the company's iPhone 6 launch next month.

Last night the shares closed in the US at $100.53 - Apple's highest closing level ever when the stock is adjusted for its June 7-for-1 share split.

The highest close prior to this was two days before the iPhone 5 went on sale.

Apple is expected to unveil the iPhone 6 at a special event on September 9.

Smartphones account for more than half of Apple's revenues.

The market is also waiting for other products like the iWatch.

 

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