Apple (AAPL) designs and sells the iPhone, Mac, iPad and a growing lineup of services, and the stock is back in focus after the company raised prices across its MacBook, iPad, Apple TV, HomePod and Vision Pro lines and pointed the finger at memory chip suppliers for the increases. Shares of Apple closed at 289.36 dollars, up 2.58% on the day, as investors weighed a public spat with a key supplier against a market capitalization of 4.17 trillion dollars that still makes it one of the most heavily scrutinized names in the index.
At a Glance
- Price: 289.36 USD, up 2.58% on the day
- 52 week range: 257.19 to 317.40 USD
- Market cap: 4.17 trillion USD
- P/E ratio: 34.9
- Dividend yield: 0.37%
- RSI: 46.97
| Price | 289.36 USD |
|---|---|
| Day change | +7.27 (+2.58%) |
| 52-week range | 257.19 – 317.4 |
| Market cap | $4.17T |
| P/E ratio | 34.9 |
| EPS (ttm) | 8.29 |
| Dividend yield | 0.37% |
| RSI (14) | 46.97 |
| Volume | 65,242,045 |
A Public Blame Game Over Memory Prices
On June 25, Apple announced price increases spanning several of its non iPhone product lines, and CEO Tim Cook placed responsibility squarely on the companies that make the memory chips inside those devices. In comments to The Wall Street Journal the week before the announcement, Cook described a supply crunch colliding with strong consumer demand, saying memory suppliers were
