Apple Shares Hit Recod High on iPhones for Verizon
By wchung | 26 Apr, 2025
Apple Inc. shares have hit another all-time high now that it appears the iPhone could find a new sales outlet through Verizon Wireless.
The Wall Street Journal reported that Apple plans to release an iPhone this year that would work on the network technology used by Verizon Wireless. For now the phone is available only to subscribers of AT&T Inc.
Apple and Verizon declined to comment.
Apple shares rose as high as $237.48 on Tuesday before retreating to $235.30, up 1.3 percent on the day. Apple has jumped about 13 percent this month.
Shares of Verizon Communications Inc., which owns a majority of Verizon Wireless, rose 2.6 percent Tuesday morning, although the stock of its partner, Vodafone Group PLC, was nearly unchanged. AT&T dropped 1.2 percent.
CUPERTINO, Calif. (AP)
Asian American Success Stories
- The 130 Most Inspiring Asian Americans of All Time
- 12 Most Brilliant Asian Americans
- Greatest Asian American War Heroes
- Asian American Digital Pioneers
- New Asian American Imagemakers
- Asian American Innovators
- The 20 Most Inspiring Asian Sports Stars
- 5 Most Daring Asian Americans
- Surprising Superstars
- TV’s Hottest Asians
- 100 Greatest Asian American Entrepreneurs
- Asian American Wonder Women
- Greatest Asian American Rags-to-Riches Stories
- Notable Asian American Professionals