Apple shares reach new high as analyst predicts $200 price

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apple stock price
AAPL shares are on the rise.
Photo: Buster Hein/Cult of Mac

Share prices of Apple Inc. hit yet another record high during trading today, setting a new top mark of 143.80 by the time the market closed.

Apple shares were trading up nearly 3% on Tuesday thanks to an investor note from UBS analyst Steven Milunovich who predicts the stock price could shoot up past $200 in the next two to three years.

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AAPL shares soar to new all-time high

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Apple's stock is on the rise.
Apple's stock is on the rise.
Photo: Buster Hein/Cult of Mac

A ringing endorsement from mega-investor Warren Buffett has helped push Apple’s stock to a new record high today.

Apple shares were trading up 2.04% and closed at an all-time high of $139.78 per share, beating the company’s previous top mark of $137.11 set last week.

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Tim Cook: Pro users remain incredibly important to Apple

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There's reportedly been a death at Apple HQ.
This is the last shareholders meeting at Apple's old campus.
Photo: Ryan B/Flickr

Apple hosted its annual shareholders meeting today at the company’s headquarters in Cupertino where a number of new proposals were presented by investors before Tim Cook took questions from the audience.

During his Q&A session, Tim Cook discussed how Apple plans to fight for net neutrality. He also assured shareholders that Apple plans to come out with new products that appeal to professionals and creatives, but insisted that the Mac and iPad aren’t destined for a merger.

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Warren Buffett more than doubles AAPL holdings this year

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moneyapple
Buffett sure knows an opportunity when he sees one.
Photo: Ste Smith/Cult of Mac

Warren Buffett’s investment firm Berkshire Hathaway has more that doubled its Apple share holdings this year — with its $17 billion share of Apple now representing Berkshire’s second biggest holding in a company.

In 2017 alone, the firm has purchased 120 million Apple shares.

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The big changes coming to iPhone 8, this week on The CultCast

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According to new reports, iPhone 8 is getting the big changes you've been waiting for.
According to new reports, iPhone 8 is getting the big changes you've been waiting for.
Photo: Ste Smith/Cult of Mac

This week on The CultCast: According to new reports, the iPhone 8 will get a huge makeover with an edge-to-edge screen, wireless charging, a huge battery and more. We’ll tell you everything we know. Plus: A 4K Apple TV is on the way; our favorite TV shows from days of yore; and the search for the perfect corn dog.

Our thanks to Squarespace for supporting this episode. It’s simple to accept Apple Pay and sell your wares with your very own Squarespace.com website. Enter offer code CultCast at checkout to get 10 percent off any hosting plan.

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Apple stock hits all-time high

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apple stock price
AAPL shares are on the rise.
Photo: Buster Hein/Cult of Mac

It’s a great time to be an Apple shareholder.

Aided by a increased confidence rating from Goldman Sachs, Apple shares hit an all-time high today, with the price jumping to $133.76 per share before closing just above the company’s previous record of $132.54, set on May 17, 2015.

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