21 October 10:41
Apple shares rose to $262.24, a new all-time high, due to positive estimates for iPhone 17 sales.
Matei Gaginsky
Economy
Foto: Pixabay
Apple shares closed Monday at a record value of $262.24, gaining nearly $10 in a single day. This increase is attributed to optimistic estimates regarding the sales of the new iPhone 17 smartphone series, which brought significant upgrades.
Analysts predict a 4% increase in revenue generated by iPhones by 2025, reaching $209.3 billion, and for the following year, a 5% increase is anticipated, reaching $218.9 billion. This represents a recovery after two years in which smartphone revenues stagnated or declined. If Apple shares reach $268.26, the company's total value will reach $4 trillion.
Sources
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