Apple's stock split: Why 7 to 1?The best reason I've heard is to make $100 per share the new all-time high.
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<p>FORTUNE -- Apple's (AAPL) announcement Wednesday of its first stock split in more than nine years set off a round of fresh speculation about the company's possible entry into the Dow Jones Industrial Average.</p>
<p>That's something a stock that trades in a $400-to-$700-per-share range has as much chance of doing as a camel has of going through the eye of a needle. This has been
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Apple's stock split: Why 7 to 1?
