Apple shares closed at all times today ahead of next week’s earnings results

Apple’s stock price closed today at an all-time high of $ 139.07, after hitting a new intraday record of $ 139.85 a few moments earlier.

Earnings come just five days before Apple reports earnings for the first quarter of fiscal 2021. Many analysts predict that Apple’s quarterly revenue will exceed $ 100 billion for the first time due to strong iPhone 12 sales and the launch of other a few products this quarter, including Apple’s top three silicon Macs, HomePod mini, AirPods Max and a redesigned iPad Air. Apple Fitness + was also launched last month and can be included in the package with other services with Apple One.

Apple prospered financially during the ongoing pandemic, as many customers work, learn, and connect with others at home, leading to strong iPad and Mac sales in particular. Apple products are also popular holiday gifts.

Apple’s earnings report will be released Wednesday at 1:30 p.m. Pacific Time and will be followed by a conference call with Apple CEO Tim Cook and Chief Financial Officer Luca Maestri at 2:00 p.m. Pacific Time. Apple’s current quarterly revenue record is $ 91.8 billion, set in the first quarter of fiscal year 2020.