Good news for Apple shareholders: stock reached an all-time high during mid-day trading today, peaking at $427.75 per share. The last record was set in October of 2011 at $426.70 per share. Despite some slightly tumultuous times on Wall Street after Apple failed to meet analyst expectations with its fourth-quarter earnings report, Apple stock has continued to climb to new heights year after year. The company will announce its earnings from the first-quarter of 2012 (or the 2011 holiday season) on Tuesday, January 24th. Apple also released its proxy statement for 2012 to investors this afternoon, in which it is revealed that CEO Time Cook received a total of $376,180,000 in compensation for 2011.
About the authorAlex Heath is a news contributor at Cult of Mac. He previously served as an editor for iDownloadBlog. You can find out more about him on his personal site. And please do follow him on Twitter because that would make his day.