Shares of Apple Inc. (NASDAQ:AAPL) traded at a new 12-month high today of $159.14. This new high was reached on below average trading volume as 13.1 million shares traded hands, while the average 30-day volume is approximately 69.9 million shares.
Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple’s total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple’s products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple’s products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally.
Based on a current price of $158.91, Apple Inc. is currently 0.8% above its average consensus analyst price target of $157.64.
In the past 12 months, shares of Apple Inc. have traded between a low of $112.59 and a high of $159.14 and are now at $158.91, 41% above that low price.
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