Over the past decade, Apple has become one of the most valuable companies in the world, thanks to the success of its iPhones, iPads, and other popular consumer products. As a result, its stock price has soared, making it a favorite among investors.

In 2010, Apple's stock price was around $30 per share. But over the next few years, the company's fortunes changed dramatically. The release of the iPhone 4 in 2010 was a huge success, and the company continued to release new iterations of its popular smartphone, driving up demand and revenue.

By 2012, Apple's stock price had climbed to over $700 per share, making it one of the most valuable companies in the world. But the company's fortunes hit a speed bump in the years that followed, as competition from other smartphone makers intensified and sales growth slowed.

Despite these challenges, Apple's stock price has continued to rise, and the company is now worth over $2 trillion. One reason for this is the success of the company's other products, such as its iPad and MacBook computers, which have become increasingly popular in recent years.

Another factor driving Apple's stock price is its strong financial position. The company has a huge cash reserve and generates billions of dollars in profits each quarter, giving investors confidence in its ability to weather any potential economic downturns.

In addition, Apple has made several strategic acquisitions in recent years, including the purchase of Beats Electronics in 2014 and the more recent acquisition of Shazam, which could help it expand into new markets and diversify its revenue streams.

Overall, the rise of Apple's stock price is a testament to the company's ability to innovate and adapt to changing market conditions. While it may face challenges in the years to come, its strong financial position and brand recognition make it a top pick for many investors.

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