New record share price for stocks in Apple Inc

There is some large news concerning Apple. Steve Positions and shareholders in Apple Inc have an occasion to commemorate. It isn’t really a brand new product. However, Apple business stock has just hit its highest share price ever. For the first time ever, a share of Apple stock is now going for more than $300. The systems giant has been having a banner year. The iPod, iPad, and iPhone have all been huge successes, so there’s nothing to suggest that Apple will be slowing up anytime soon. Source of article – Apple Inc. reaches record high stock price by Personal Money Store.

Apple Inc. strikes a new high

The NY Times accounts that for October 13, Apple Inc. hit the highest stock it has ever been at. Apple Stock is over $300 and staying there. The high point hit had been $301.50. Apple is quite excited. Share has never been that high for Apple before. To get Apple stock, brokerage houses are raising all the prices. You are able to get shares from Bank of The United States for $400 per share. Oppenheimer raised share prices too. It’s $345 per share. The year is going good for the company. The company is way excited. This year is looking good. The iPad has been the first successful tablet computer, despite a number of previous attempts by other corporations. The iPhone 4. and the iPod continue to sell. The company is due to release a fourth quarter report soon.

Verizon iPhone rumors will not perish

The iPhone being released on other networks is what every person wants. The gossips are around for a while. Everybody is seeking the Verizon iPhone. That is why a new rumor spreads over it each month. However, neither Verizon nor Apple have confirmed it officially yet. Verizon uses CDMA which is why, states the Wall Street Journal, the Verizon iPhone is a problem. The Verizon iPhone will have to be retooled for CDMA use before it can be released. Smartphone’s like the Android have been getting fairly popular along with the iPhone though.

Industry needing Apple

It seems as if Apple Inc. has had the year of a lifetime. There is no reason the business would let up. It will continue this way. There is a reason why the company’s share would be so high.

Citations

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