iPad 3 Event Announcement Propels Apple Stock To New High



Apple’s stock price has been breaking its own records pretty frequently of late. So, it doesn’t come as much surprise that the price per share shot up to a new record high today after the company announced its iPad 3 launch event.

Already trading at over $500 per share, the price began skyrocketing once the news that Apple had delivered press invitations to the event – breaking its own recent record and reaching a high of $534.62.

That beats its record high closing price, which was set on Monday at $525.76

Apple’s stock price had already increased more than 32% percent in 2012 after closing at $403.51 per share at the end of trading in 2011.

As of this writing, the stock is trading at only slightly lower levels – currently $532.61 – a 1.3% increase since yesterday’s close.


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