- Apple gains 3.95% at the close of the day.
- The company’s shares hit a record high not seen since August 30.
Shares of the world’s most valuable company by market capitalization (3.48 T) are up 3.95% today, signing their third consecutive session on the rise and reaching highs not seen since August 30 at $229.82.
Apple releases a new version of iOS 18.1 after the launch of the iPhone 16
Following the official launch of the iPhone 16, the company has updated the fourth version of iOS 18.1, which integrates the proprietary artificial intelligence called Apple Intelligence into devices such as iPhone, iPad and Mac. It is worth noting that Apple will allow access to ChatGPT with user authorization without the need to have an active account.
Apple (AAPL) price action is trending higher, reacting from the September 16 low at 213.92, a key support that converges with the 50% Fibonacci retracement level.
The next resistance is at 232.92, which is the high from August 29. The next key level is at 237.23, the all-time high reached on July 15.
Apple daily chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
