|
Title: Apple Stock Price Marks All-Time Closing High Ahead of New iPhone Rollout Post by: HCK on August 16, 2012, 11:00:21 pm Apple Stock Price Marks All-Time Closing High Ahead of New iPhone Rollout
Apple's stock price closed at an all-time high of $636.34 today, passing the prior all-time closing high of $636.23 set four months ago on April 9th. The next day, April 10th, the stock hit an intraday high of $644 and the company's market capitalization breached $600 billion before falling back. Apple's stock price is up nearly 60% on the year, outperforming the NASDAQ by more than 3:1 and the Dow Jones Industrial Average by more than 6:1. Growth in Apple's stock has been slightly weaker for the past month in the run-up to weaker-than-expected earnings for the third quarter, but new reports of a September launch for the next iPhone as well as a smaller, cheaper iPad Mini have been pushing the price higher. All shareholders of record as of Monday's close also received a cash dividend of $2.65 per-share today, the first dividend payment to Apple shareholders since December 1995. Recent Mac and iOS Blog Stories • Instagram Makes a Big Push Into Location With Version 3.0 • iTunes Store Glitch Limits 'Podcast' Search Results to Apple's Own App • Apple Releases OS X Lion 10.7.5 Build 11G36 to Developers • 'Dark Sky' Weather App Adds Push Notifications of Imminent Rain • New SimCity Coming to Mac in February 2013 http://www.macrumors.com/2012/08/16/apple-stock-price-closes-at-all-time-high-ahead-of-new-iphone-rollout/ |