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

**Anthony Bouchard** · 10-14-2011, 07:17 PM

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

**fatalcrixer** · 10-14-2011, 07:51 PM

Only good for the rich

**Colby21** · 10-14-2011, 08:01 PM

Good thing i bought stock on monday!

**Cer0** · 10-14-2011, 08:08 PM

Originally Posted by fatalcrixer

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

**thetoothfairy** · 10-14-2011, 08:13 PM

Yeah makes me sick... could have bought in when it was 89.00 a share... I could kick myself now!

**iYeow** · 10-14-2011, 08:45 PM

I am glad i bought some of its shares.

**duromega** · 10-15-2011, 04:26 AM

How can I buy stock ?

**Anthony Bouchard** · 10-15-2011, 01:06 PM

Originally Posted by duromega

How can I buy stock ?

You could hire a broker. lol

**unison999** · 10-15-2011, 09:46 PM

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....

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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