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3 Reasons Apple Stock Is Hitting New Highs


Shares of the country's most valuable publicly traded company continue to appreciate. Apple (NASDAQ: AAPL) saw its stock hit another all-time high last week, propelled by a blowout financial report

The consumer tech icon naturally slipped later in the week with the general market as investors got skittish, but it's just a matter of time before Apple hits fresh highs again. Let's go over three things that helped fuel Apple's market cap above $1.4 trillion (albeit briefly) for the first time last week.

A class for iPad users at an Apple Store. Image source: Apple.

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Source Fool.com

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