Steve Positions and other shareholders in Apple, Inc. may be cracking open champagne. It's not really a brand new product. However, Apple company share has just hit its highest stock cost ever. Apple is now selling for $300 a share, which as high as it has ever been. The technology giant has been having a banner year. The iPad and continued success of the iPhone and iPod assure that Apple is going to be a heavyweight for a long time to come.
<p><strong>Apple Inc. doing far better</strong></p>
It had been announced that stock for Apple Inc. has hit a new high point in premarket trading for Oct. 13, based on the NY Times. Stock for Apple Inc. hit the high of $301.50 and is staying over $300 now. Apple is pretty excited. Share has never been that high for Apple before. Brokerage houses have been raising prices for acquiring Apple stock accordingly. Bank of America is selling stocks at $400 per. Apple stocks are at $345 for Oppenheimer. The year is going great for the company. The company is way excited. This year is looking good. There have been numerous attempts for a tablet computer before, but Apple was the first business to really debut it right. The iPhone 4. and the iPod continue to sell. Soon the business will show its fourth quarter report. That ought to be interesting.
<p><strong>It's challenging to make the Verizon iPhone gossips stop</strong></p>
The iPhone being released on other networks is what everybody wants. The rumors are around for a while. The fabled Verizon iPhone causes a good stir practically once a month. There has not been confirmation on the rumor. Apple and Verizon have not made an announcement. Verizon utilizes CDMA which is why, states the Wall Street Journal, the Verizon iPhone is a problem. Before an iPhone could be released to Verizon, it would have to be retooled for CDMA use. That said, Android has been edging on the iPhone for some time among owners of Smartphone's.
<p><strong>Apple of the markets' eye</strong></p>
Seems like as if Apple Inc. has had the year of a lifetime. The business probably will not be letting up either. The business has hit a record high stock cost for great reason.
<p><strong>Articles cited</strong></p>
<p>Wall Street Journal</p>
<p>online.wsj.com/article/SB10001424052748704657304575540072333071694.html?mod=loomia and loomia_si=t0:a16:g2:r3:c0.0243532:b38300774</p>
<p>NY Times</p>
<p>nytimes.com/external/gigaom/2010/10/13/13gigaom-apple-stock-climbs-above-300-56406.html?ref=technology</p>
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