2013 has been a rocky year for Apple Stock, but it looks like Wall Street might be ending the year bullish on Wall Street, with shares of AAPL closing at an all-time high last night.
For those who don’t remember, on January 24th this year, Apple shares went plunging from $514 a share to around $450 a share in just a single day. From there, AAPL hit its yearly low in April 2013, being valued by Wall Street at just $390.53 a share.
Luckily, since then, the company that once tipped $700 per share has seen a slow and steady rise in its share price. Buoyed by new iPhones and iPads, in fact, Apple’s shares closed last night at $533.40.
That’s still less than what Apple was worth just a year ago, when Apple traded for about $50 more a share. But as far as this year is concerned, it’s a new high. Let’s hope it keeps rising.
John Brownlee is a writer for Fast Company, and a contributing writer here at CoM. He has also written for Wired, Playboy, Boing Boing, Popular Mechanics, VentureBeat, and Gizmodo. He lives in Boston with his wife and two parakeets. You can follow him here on Twitter.
