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Apple Stock Closes At All Time High

Maura

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[FONT=&quot]CNN’s Apple 2.0 reports that Apple’s stock closed at an all-time record high of $364.92 on Friday afternoon. This comes after what Apple 2.0 refers to as “five months of jagged ups and downs†following the previous record high of $363.13 which was set on February 16 2011. This is excellent news for Apple and its investors of course, coming just two trading days before Apple announces its third quarter results via conference call on Tuesday July 19, which Apple will be audio streaming at Apple.com. As MacRumors points out, this quarter has seen Apple introduce new Thunderbolt-equipped iMacs in May, and has also been the first full quarter in which the iPad 2 has been available. Clearly the market is expecting great things from these results, and analysts have been falling over themselves in recent weeks to forecast higher and higher earnings figures for Apple for Q3, so it’s going to be fascinating to hear the actual official figures from Apple, and hopefully some hints about the future too. [/FONT]

Source: Apple hits record high $364.92 - Apple 2.0 - Fortune Tech
AAPL Closes At All Time High: $364.92 - MacRumors.com,
Apple Set to Release Q3 2011 Financial Results on July 19th - Mac Rumors
 

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