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| 09-18-2012, 10:33 AM | #1 |
| Apple shares reaches $700 after iPhone 5 shatters previous sales record  Quote: Apple Inc. surpassed $700 in early trading as record first-day orders for the latest iPhone fueled optimism that the company will keep generating the revenue growth that transformed it from a niche computer manufacturer into the world's most valuable business. Shares climbed as high as $702.80 at 7:10 a.m. today after reaching a record $699.78 at the New York close yesterday. Through Sept. 17, the stock had advanced 73 percent this year. The iPhone 5, which features a bigger screen, faster chip and a lighter body, sold 2 million units in first-day orders, more than double a record set by the previous model, Apple said. iPhone 5 pre-orders top two million in 24 hours | Technology News Blog - Yahoo! News Last edited by jogiba; 09-18-2012 at 04:15 PM. | |
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