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September 18, 2012 12:13 am GMT
Apple joined theillustrious$700 club today in after-hours trading, a list of stocks that have traded at or above that price per share which includes only a few select companies, includingGoogle, which passed that mark earlier in September. Theshare pricewas likely driven up first by strong response to its opening of iPhone 5 pre-orders last Friday, and then by the news today that in fact, the company hadsold 2 million iPhones in its first 24 hoursof pre-order availability, twice the number of iPhone 4S devices that sold in the same period.Apple had already opened at an all-time high this morning, and its market cap is now sittingaroundaround $656 billion.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wlJRqGNNnSw/
Apple Stock Crosses $700 Per Share After Hours On The Strength Of iPhone 5
Apple joined theillustrious$700 club today in after-hours trading, a list of stocks that have traded at or above that price per share which includes only a few select companies, includingGoogle, which passed that mark earlier in September. Theshare pricewas likely driven up first by strong response to its opening of iPhone 5 pre-orders last Friday, and then by the news today that in fact, the company hadsold 2 million iPhones in its first 24 hoursof pre-order availability, twice the number of iPhone 4S devices that sold in the same period.Apple had already opened at an all-time high this morning, and its market cap is now sittingaroundaround $656 billion.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wlJRqGNNnSw/
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