Apple's stock price hit a new all-time high yesterday, closing at $349.51
The Block
1h ago
Ai Focus
Driven by fourth-quarter earnings in fiscal year 2026 that exceeded expectations, Apple's stock price once again set a new historical high on November 4th local time in the United States, closing at $349.51, with a peak of $354.50 during the session, and its market value reached $5.08 trillion. AppleInsider pointed out that Apple's own performance remains the key support, with fourth-quarter revenue amounting to $114.5 billion, which was higher than Wall Street's expectations.
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IT News on November 5th: Technology media AppleInsider reported today (November 5th) that driven by earnings exceeding expectations in the fourth quarter of fiscal year 2026, Apple's stock price once again set a new historical high on November 4th local time in the United States, closing at $349.51 (equivalent to approximately 2,337 yuan at current exchange rates).

According to the closing prices of U.S. stocks on November 4th at 4 p.m. Eastern Time (Note from IT: 5 a.m. Beijing Time on November 5th), Apple Inc.'s closing price was $349.51 (approximately 2,337 yuan at current exchange rates), up 5.31% from the previous trading day. The stock reached a high of $354.50 (about 2,370 yuan at current exchange rates) during the session, and the company's current market value is 5.08 trillion dollars (approximately 33.96 trillion yuan at current exchange rates).

According to public information from the IT website, Apple's previous highest closing price record was $348.91 (approximately 2,333 yuan at current exchange rates), set on October 29, 2026. On November 4, Apple closed at $349.51 (approximately 2,337 yuan at current exchange rates), which is about $0.60 (approximately 4 yuan) higher than the previous record, thus setting a new all-time high closing price once again.

The market generally believes that this round of gains is not unique to Apple. Following the mid-term elections in the United States, the Nasdaq as a whole saw an upward trend, with large tech stocks such as Meta, Amazon, Netflix, and Alphabet all strengthening simultaneously. Among them, Amazon rose by 6.12% on that day, and Netflix rose by 4.68%. The Nasdaq index closed at 25,736.51 points, up 1.44%.

However, the media believes that Apple's own performance remains a key support. According to reports, Apple's revenue in the fourth fiscal quarter reached $114.5 billion (about 765.481 billion yuan at current exchange rates), higher than Wall Street's forecast of $113.4 billion (about 758.127 billion yuan at current exchange rates), and also significantly higher than $102.5 billion (about 685.256 billion yuan at current exchange rates) for the same period in 2025. Among this, the iPhone business contributed $57.6 billion (about 385.08 billion yuan) in revenue, and other product lines also saw growth; the company also received its second tariff refund, further improving its financial performance.

The media also pointed out that after the release of the financial report, Apple's stock price did not follow its usual trend of first declining and then rebounding. Instead, it quickly strengthened, indicating that investors' confidence in the company's revenue resilience, iPhone demand, and profitability has increased.

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