iPhone 13 series drive Apple’s stock price to a record high

According to recent reports, the iPhone 13 series will be officially released on September 14. The pre-order for this series will commence on September 17th, and the first batch of goods, as well as the official sale, will commence on September 24th. Perhaps driven by this exciting news, Apple’s share price once reached a record high of $153.49 in the US stock market this Monday, closing at $153.12, an increase of 3.04%.

Compared with last year, Apple first released the Bionic A14 processor in September and then held the iPhone 12 conference on October 13. The highest closing stock price once reached is $124.40. Because of Monday’s high stock price, Apple’s market value has reached $2.53 trillion, and it is likely to become the first company with a market value of more than $3 trillion. In August 2018, Apple’s market value exceeded $1 trillion for the first time, and two years later, it exceeded $2 trillion.

In addition to the iPhone 13, the company also drew dramatic gains after Ming-Chi Kuo’s report that the iPhone 13 may support low-orbit satellite communications. The solution is coming from a customized X60 baseband + GlobalStar. GlobalStar’s stock price also saw a sharp increase of up to 64% on Monday.

Data show that from 2021 to the present, Apple’s stock price has risen by 18.33%, which is lower than the S&P 500’s rise (22.38%) and competitors Google (68.34%) and Microsoft (39.46%). Of course, it’s better than Samsung (a drop of 9.52% so far this year).

However, it is important to note that the iPhone 13 series will not be cheap. This series will be more expensive than the previous generation. Actually, the starting price will be low, but due to the addition of the 1TB version, the high-end model will sell in excess of $2000. See the iPhone 13 price leak below

iPhone 13 mini: 4GB of RAM

• 64GB storage – 5499 yuan ($850)
• 128GB storage –  5999 yuan ($927)
• 256GB storage – 6799 yuan ($1,051)

iPhone 13: 4GB of RAM

• 64GB storage – 6299 yuan ($973)
• 128GB storage –  6799 yuan ($1,051)
• 256GB storage – 7599 yuan ($1,174)

iPhone 13 Pro: 6GB of RAM

• 128GB storage – 8499 yuan ($1,313)
• 512GB storage – 10499 yuan ($1,622)
• 1TB storage – 13299 yuan ($2,055)

iPhone 13 Pro Max: 6GB of RAM

• 128GB storage – 9299 yuan ($1,437)
• 512GB storage – 11299 yuan ($1,746)
• 1TB storage – 14099 yuan ($2,179)

According to the latest forecast by JP Morgan Chase analyst, Samik Chatterjee, Apple’s iPhone sales in the fiscal year 2022 will rise to 246 million units. If iPhone sales are really as predicted, then this means that Apple’s mobile phone shipments will once again set a record after 2021. Apple’s CEO, Tim Cook, also expressed optimism about future iPhone sales. He said: “We are in the early stages of 5G. From the perspective of the global 5G mobile phone penetration rate, only a few countries can reach two digits.”