Apple stock: The highs, lows, and milestones for the tech giant's shares in 2022

Yahoo Finance's Jared Blikre discusses a year in review for Apple stock.

影片文字轉錄稿

BRAD SMITH: We're taking a look back at some of our top trending tickers in 2022, and today's focus is Apple. Yahoo Finance's Jared Blikre joins us to break down the details. Jared.

JARED BLIKRE: That's right. This list of top 10 tickers here, these are the most viewed by you. By the way, Apple, sitting at number five, has had about 250 million clicks on our quote page year to date. So thank you for that. But let's take a look now inside Apple stock. And this is going to be a year to date chart since the beginning of the year. And I've annotated it such that we see some of the significant price and milestones. This isn't going to be about fundamentals. We'll talk about that with an analyst upcoming here.

But on the very first day of the year-- and this is pretty unusual-- Apple settled at its high for the year, which was also a record high, $182 and change. Market cap sitting just shy of $3 trillion. By the way, the very next day, on an intraday basis, Apple's market cap would reach $3 trillion, but it would never close at that level. I remember this because we were preparing a number of graphics, which we really didn't use much of early on in the year.

So then here's another milestone. In the middle of May, Saudi Aramco surpassed Apple as the world's most valuable company. Aramco sitting at 2.43 million over in Saudi Arabia. Apple at 2.37 million. And then here was the low of the year. Apple was down 26.8% at that point in the middle of June. Market cap sitting at 2.105 trillion. Notably, the market cap never dipped below $2 trillion the entire year.

After that, we saw a sizable rally, so sizable, in fact, that we came within 4% from that record high. And that was when many other stocks, including many other mega caps, were far, far down on the list there, market cap of 2.805 trillion at that point.

Now, here is another milestone. Apple rallies to number two on Yahoo Finance's top trending ticker list. That's on a rolling one week basis. This is the highest spot of the year, and this also came after the '22 product launch, 2022 product launch, which includes the iPhone 14. By the way, the very next week, one of those days Apple and Microsoft would have their worst days since, I think, 2020, so pretty sizable drop after that announcement.

And now here is where we are right now. Apple is sitting at number five on Yahoo Finance's top trending ticker list. And just by some historical example here, by way of historical tendencies, Apple has been towards the top of our trending ticker list since I've been following this way back when I first started here 2015, 2016, guys.

JULIE HYMAN: Yeah, I mean, Apple is a perennial favorite. It's probably the most widely held stock, I think.

JARED BLIKRE: No longer GE. I don't think that's the case anymore.

JULIE HYMAN: Yeah, I mean, Apple's definitely got to be up there, but it looks like it's having the worst year since 2008, as I eyeball some of the returns. Thanks so much.