Apple Cracks $100 on NASDAQ

Wall Street warming to Tim Cook—or maybe it's the iWatch

Whatever the iPhone 6 (set for release on or around Sept. 9) will mean for Apple’s bottom line, the Cupertino, Calif.-based tech giant is already feeling some love—from Wall Street. Investor confidence in Apple’s new products pushed the company’s stock above the $100 per-share barrier today, Apple’s best performance since 2012.

The much-buzzed iPhone 6 won’t just be a new and bigger smart phone; Apple has also promised wearable wristwatch technology. Both products are a counterpunch that Apple brass hopes will grab some market share back from Samsung.

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