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  • Apple's Stock Reaches All Time High After iPhone 4S Launch

    Apple's stock meets its all time record today, the day of the iPhone 4S launch.

    Apple's stock always skyrockets when a new product is released, but this is the highest it's ever gone. The day that Apple announced the iPhone 4S, stocks dropped about as low as $365 per share. As of today, that number is much higher, closing at $422 per share.

    Even with the face of Apple gone, the company shows its resilience. Apple CEO, Tim Cook, did a substantial job introducing all of these new features that we have this week during Apple's previous iPhone unveiling.

    Although Apple's stock seems to be pretty static between the numbers of about $370 and $410, analysts expect Apple's stock to easily reach $450 over the year of 2012. One specific analyst, Shelby Seyrafi, expects stocks to reach even higher than that at numbers of around $530. Seyrafi also estimates high numbers of iPhone sales this year, around 114.8 million units.

    With Apple's stocks rising through the air like helium balloons, where do you think Apple will end up by the end of the year? Share in the comments below!

    Sources: CNET
    This article was originally published in forum thread: Apple's Stock Reaches All Time High After iPhone 4S Launch started by Anthony Bouchard View original post
    Comments 8 Comments
    1. fatalcrixer's Avatar
      fatalcrixer -
      Only good for the rich
    1. Colby21's Avatar
      Colby21 -
      Good thing i bought stock on monday!
    1. Cer0's Avatar
      Cer0 -
      Quote Originally Posted by fatalcrixer View Post
      Only good for the rich
      Good for people that bought stock. Didn't really have to be rich to buy stock, even more so for Apple in mid 2000s.

      Now rich stock is Berkshire Hathaway stock: Berkshire Hathaway Inc.: NYSE:BRK.A quotes & news - Google Finance
    1. thetoothfairy's Avatar
      thetoothfairy -
      Yeah makes me sick... could have bought in when it was 89.00 a share... I could kick myself now!
    1. iYeow's Avatar
      iYeow -
      I am glad i bought some of its shares.
    1. duromega's Avatar
      duromega -
      How can I buy stock ?
    1. Anthony Bouchard's Avatar
      Anthony Bouchard -
      Quote Originally Posted by duromega View Post
      How can I buy stock ?
      You could hire a broker. lol
    1. unison999's Avatar
      unison999 -
      I wonder whom ever inherit Jobs stock like Apple or not. If they blame Apple for killing Jobs because Apple worked him till he died, decides to dump all Apple stock Jobs owned. How much would that affect Apple prices....