Why Apple Stock Jumped to a New All-Time High Today
Apple's (NASDAQ: AAPL) stock price climbed 3% to a record closing high of $153.12 on Monday, following an intriguing analyst report.
Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google could pay Apple roughly $15 billion this year to retain its place as the default search option on iOS, according to Bernstein analyst Toni Sacconaghi. That's up from an estimated $10 billion in 2020.
Apple's shares popped on reports of a lucrative new deal with Google. Image source: Getty Images.
Source Fool.com
