Apple Shares Reach All-Time Highs

It is seen in 188 countries and regions around the world and causes the death of more than 395 thousand people. coronavirus, had negative effects on life around the world and had its reflections felt in the economic world. Although there is still no complete recovery, some companies seem to have started to heal their wounds.

US-based technology giant Appleseems to have survived the four-month negative impact of the coronavirus, which affected the whole world. The company's share value reached its highest value on Friday, the closing day. Share value of the company in the last moments of shopping for $331.5 reached.

Apple is licking its wounds

About a week ago, Apple's shares had fully recovered from the damage suffered due to the coronavirus. The value of the company's shares increased after this week He broke his new record. 2020 is a turbulent year for Apple, as it is for many of us. According to the news in Apple Insider, the company was not prepared for a broad economic contraction in the middle of the global health crisis.

After experiencing supply chain and demand problems in China, the origin of the virus, Apple warned investors in February and stated that it would probably miss its earnings guidance in the March quarter. The contraction of financial markets due to quarantines and stay-at-home orders in February and March was reflected in Apple shares. The company's shares in March $224.37 had fallen to its value.

As supply and demand began to normalize in China, the company's shares began to recover. The company's shares rose in early May after a better-than-expected performance in the March quarter. up to $300 climbed. The company's shares, which reached their pre-crisis level in late May, reached an all-time high last Friday.