Apple Stock Soars to New All-Time High
Shares climb on new product rumors, performance
Even without Steve Jobs at the helm, Apple is showing that it can still reach new heights.
On Monday, while the rest of the market declined, shares in Apple hit a new all-time high in intraday trading, climbing to $413.23 before closing at $411.63 (also a record closing price).The new high was reached on the same day that a J.P. Morgan analyst said in a research note that it was expecting not one, but two new iPhones from the company this fall.
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