Share price Apple Lossless Audio CODEC (ALAC), on the American stock market they reached a new record value during this day, being today quoted for a short period of time at the value of 180 dollars for the first time in the history of the company. If Apple had not divided its shares in the ratio of 7 to 1 a few years ago, then today they would have exceeded the value of 1050 dollars per share, something that many estimated a few years ago.
The stock market capitalization of the Apple company reached 909 billion dollars today, close to the value of 1000 trillion dollars, which will be reached at some point. Analysts expected the iPhone X to help Apple reach such a high market capitalization, but this did not happen, so it remains to be seen what other products could help.
The price of Apple shares had a surprising increase in the last 17 days, on February 9 a share of the Apple company was quoted at the value of 150 dollars. The increase is due to the numerous speculations that are based on the products that those from Cupertino intend to launch in the next period, so the share price could increase.
