Apple shares close at record in latest sign of big tech’s dominance

Apple CEO Tim Cook stands next to the new Apple Vision Pro headset. (Image: Getty)

Tue, 13 Jun 2023

By Ryan Vlastelica (Bloomberg) -- Apple shares ended at their first all-time high in more than a year on Monday (US time), in the latest sign of how big tech has reclaimed its leadership mantle.Shares rose 1.6% to end the session at US$183.79 (NZ$300). This is Apple’s first closing high since January 2022, though it hit an intraday record after it unveiled its Vision Pro mixed-reality headset last week. The day’s gain brings Apple’s 2023 advance above 41%, compared with the 35% gain of the Nasdaq 100 Index. The...

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