Wednesday, September 19, 2012

Apple's stock continues to rise, passes $700

Apple's stock continues to rise, passes $700

Ever since Apple has launched iPhone 5, the company's stock has seen a significantly higher rising rate. It has been bolstered by the news of strong iPhone pre-order sales across all wireless carriers as well as forecasts by analysts of a record high sales by Apple this quarter. Apple seems willing to carry on this positive sentiment. It recently announced that it was able to land 2 million iPhone pre-orders within the first 24 hours.

When Apple launched iPhone 5 on September 12th, the value of its stock was lingering somewhere near $670. As soon as the iPhone 5 was unveiled, the stock started experiencing a rather rapid rise.

Ubergizmo , Apple's stock continues to rise, passes $700, Apple's stock continues to rise, passes $700

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