Jump to content

Apple stock hits all-time high as investors anticipate iPhone 5 and iPad mini


Recommended Posts

Posted

Apple Stock Record High

Shares of Apple (AAPL) stock hit a record high on Friday as analyst chatter regarding several upcoming Apple products excited investors. Apple shares climbed as high as $648.19 on Friday and closed up 1.85% at $648.11, pushing Apple’s market capitalization back above $600 billion. Anticipation of the next-generation iPhone — which is expected by nearly every Apple analyst to be the company’s biggest-ever launch — alongside claims from Jeffries analyst Peter Misek that Apple’s iPad mini and “iTV” are already in production sent the stock soaring in pre-market trading. Momentum then carried it to a high of $648.19 shortly before the market closed. Apple reportedly plans to unveil its next-generation iPhone during a press conference on September 12th. The iPad mini may also be announced at the event alongside a new iPod nano.

CoVvnP-MyTA

 

View the full article

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.