NEW YORK / LONDON (IT BOLTWISE) – Apple shares have reached a new record high, boosted by positive analyst comments and signs of convergence in the US-China trade dispute. With a price increase of 4.3 percent, the shares rose to $ 263.05, exceeding the old record high from December 2024. Analysts point to the strong demand for the iPhone 17, which exceeds all expectations.
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Apple shares hit a new record high on Monday, boosted by positive analyst comments and signs of convergence in the US-China trade dispute. The price rose by 4.3 percent to $263.05, surpassing the old record high from December 2024. This development makes Apple the leader in the moderately rising Dow Jones Industrial Index.
Before the weekend, US President Donald Trump had already created a positive mood with his statements about the trade dispute, which caused Apple shares to rise by 2 percent. Now the news that representatives of China and the USA want to meet as soon as possible for new negotiations further supports the course. This was reported by China’s official Xinhua News Agency after Vice Premier He Lifeng held a video link with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer.
Analysts at Loop Capital have issued a buy recommendation for Apple shares and increased their price target to $315. The investment bank Evercore has also put the technology group’s papers on its tactical “outperform” list. Both analyst firms point to the continued strong demand for the iPhone 17, which exceeds all expectations. According to Loop analyst John Donovan, iPhone sales are at the beginning of a long-awaited adoption cycle that could last through 2027.
In April, Apple shares fell by around a quarter in the wake of the US customs disaster, but have since recovered by more than 55 percent. Despite the new record high, the shares have risen by 5 percent this year, lagging behind the NASDAQ 100 technology index, which has increased by almost 20 percent. These developments show how strong the influence of geopolitical events and analyst ratings can be on stock markets.
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