Apple today is trading at $315.01, it is going up with $4.88 mainly because of the Chinese government data that was released on Tuesday showing 17% of smartphone shipment increase from China's factories. The numbers suggest an early domestic rebound for smartphone makers such as Apple and Huawei Technologies and a potential return to normalcy in China for the broader consumer hardware market in the aftermath of the coronavirus outbreak. Phone makers shipped 40.8 million handsets in April, up from 34.8 million in April 2019, according to the China Academy of Information and Communications Technology (CAICT).