Apple's share price has hit $100 for the first time following its 7-for-1 stock split.
The company's stock underwent a 7-for-1 in June, converting a share that closed at $645.57 to seven shares valued at $92.22 on the morning on June 9th.
Currently AAPL is at $100.30 a share which is nearing the company's intraday high.
Apple is widely expected to unveil a new iPhone 6 next month and possibly a new smartwatch by the end of the year. This has analysts boosting price targets as high as $124 for the stock.
Take a look at the chart below!
![Apple's Share Price Hits $100 [Chart] Apple's Share Price Hits $100 [Chart]](/images/news/43196/193310/193310-640.png)
![Apple's Share Price Hits $100 [Chart] Apple's Share Price Hits $100 [Chart]](/images/news/43196/193310/193310-640.avif)
The company's stock underwent a 7-for-1 in June, converting a share that closed at $645.57 to seven shares valued at $92.22 on the morning on June 9th.
Currently AAPL is at $100.30 a share which is nearing the company's intraday high.
Apple is widely expected to unveil a new iPhone 6 next month and possibly a new smartwatch by the end of the year. This has analysts boosting price targets as high as $124 for the stock.
Take a look at the chart below!
![Apple's Share Price Hits $100 [Chart] Apple's Share Price Hits $100 [Chart]](/images/news/43196/193310/193310-640.png)
![Apple's Share Price Hits $100 [Chart] Apple's Share Price Hits $100 [Chart]](/images/news/43196/193310/193310-640.avif)