DailyTech - Quick Note: Apple Stock Price Hits All-Time High

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Hardware Quick Note: Apple Stock Price Hits All-Time High
Brandon Hill (Blog) - September 19, 2011 3:11 PM

38 comment(s) - last by mindless1.. on Sep 22 at 6:33 PM

New CEO Tim Cook (L) and former CEO Steve Jobs (R)

No Steve Jobs? No problem!

When Steve Jobs announced that he was resigning as CEO of Apple last month, many wondered how the market would respond to the news. With Tim Cook at the helm as the new CEO of Apple, investors need not worry -- in fact, Apple's stock is performing better than ever.

AAPL hit a high of $411.85 today and is now hovering around the $410 mark with just under an hour left before trading ends today. The stock is up 2.4 percent today while the overall market is down 1.28 percent.

Apple Inc. now has a market cap of $380 billion compared to $355 billion for Exxon Mobile Corporation.

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RE: Sell Time

By robinthakur on 9/20/2011 4:48:43 AM , Rating: 2

Actually, the yearly trend is that the stock keeps rising right upto the next iPhone announcement at the end of this month (AKA the Rapture), so I'd hold for now. The notion of a single share being $400 is hilarious in comparison with the UK markets :)

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