Apple stock hits record close after strong quarterly results
Updated
Updated · Barron's · May 6
Apple stock hits record close after strong quarterly results
9 articles · Updated · Barron's · May 6
Shares rose 1.2% to $287.51 on Wednesday, their first record close since 2 December 2025, after a 3.2% jump following fiscal second-quarter earnings on 1 May.
Sentiment improved on better-than-expected results, strong June-quarter revenue guidance and confidence in incoming chief executive John Ternus, who is due to replace Tim Cook in September.
Investors are now focused on Apple’s Worldwide Developers Conference starting 8 June, where the company faces pressure to show stronger artificial intelligence progress, including a more personalised Siri.
Will a hardware-focused CEO successfully pivot Apple into a dominant AI software company?
After past delays, can Apple's completely rebuilt Siri finally deliver on its AI promises?
Is Apple's AI strategy a genius move or a risky reliance on its biggest rivals?