Steve Jobs and other shareholders in Apple, Inc. may be cracking open champagne. The Apple business stock has just reached the highest value ever. Shares of Apple are selling for $300 or more. It’s probably the most the stock has ever sold for. The systems giant has been having a banner year. Apple ought to be an incredible success for a while. The success of the iPhone, iPod, and the iPad continues to be huge.
New high comes from Apple Inc.
The New York Times reports that for Oct 13, Apple Inc. hit the highest share it has ever been at. Stock for Apple Inc. hit the high of $301.50 and is staying over $300 now. Apple company stock has never been that high before. Brokerage houses are raising prices for acquiring Apple stock accordingly. You can get shares from Financial institution of The United States for $400 per share. Oppenheimer raised its price for shares of Apple to $345. The company is having a good year. The iPad has been the first successful tablet computer, despite a number of previous tries by other companies. The devices are nevertheless being sold. This includes the iPhone 4. and iPod. A fourth quarter record will come out for the company quite soon.
The Verizon iPhone rumors neglect to stop
Rumors of the iPhone moving to another network have been persisting for a while. Each and every month the Verizon iPhone gossips are spread again. Neither Verizon or Apple have confirmed that it can be happening any time soon. Verizon uses CDMA which is why, claims the Wall Street Journal, the Verizon iPhone is a trouble. Retooling the iPhone for CDMA use would be the biggest trouble that would need solving. That would have to occur before a Verizon iPhone could exist. The iPhone has started to determine a lot of competition though. The Smartphone’s, such as the Android, have become extremely popular.
Market wanting Apple
Apple Inc. has had an incredible year so far. The business probably won’t be letting up either. The company has hit a record high stock price for great reason.
Details from
Wall Street Journal
online.wsj.com/article/SB10001424052748704657304575540072333071694.html?mod=loomia and loomia_si=t0:a16:g2:r3:c0.0243532:b38300774
NY Times
nytimes.com/external/gigaom/2010/10/13/13gigaom-apple-stock-climbs-above-300-56406.html?ref=technology
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