How Much is Apple Stock?

 How Much is Apple Stock?

Apple stock (AAPL) closed at $163.98 per share on November 13, 2020. Some key points about Apple's stock:

• Apple has a market cap of $2.69 trillion, making it the largest company by market cap in the world.

• Apple stock gained around 80% in 2019, driven by strong demand for iPhones, services revenue growth, and the company's shift towards a recurring revenue model.

• The COVID-19 pandemic initially caused Apple's stock price to drop, but it has since recovered and hit record highs in 2020.

• Apple currently pays a dividend of $0.82 per share, offering a dividend yield of 0.5% annually. The company has consistently increased its dividend over the last several years.

• Apple CEO Tim Cook has emphasized the growth potential for services like the App Store, Apple Music, Apple Pay, and Apple TV+. These services have helped diversify Apple's revenue streams beyond iPhone sales.

• Many analysts remain bullish on Apple's prospects, citing its strong brand loyalty with customers, large cash reserves, and potential for growth in emerging markets. However, some see iPhone sales eventually plateauing.

• Apple's main competitors include Samsung in smartphones, Microsoft in PCs, Google in software/services, and Amazon in streaming services and smart home devices.

So in summary, Apple stock is trading at around $163 per share today. However, Apple's stock price has been volatile and has exhibited wide swings in the past. It will likely continue to be impacted by news related to iPhone sales, services growth, and macroeconomic factors. 

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