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Apple Stock Hits All-Time High As Investors Rush To Get In Early Before iPhone 5

Apple Stock Hits All-Time High As Investors Rush To Get In Early Before iPhone 5

Watch it go up and up and up.

Apple stock hit an all-time high of $636.64 per share on Thursday, and today that price continues to rise. The last time Apple jumped above $630 a share was back in April, right before its share price began a six-week decline that knocked $115 off the price — and $100 billion off Apple’s market cap — when it ended on May 18.

It’s unlikely we’ll see a repeat of that now, however. According to one analyst, investors are so keen to plough their money into Apple before the iPhone 5 sends share prices rocketing that there’s no sign of those prices dropping anytime soon.

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