Mobile menu toggle

iPad 3 Event Announcement Propels Apple Stock To New High

By •

20120228aaplchart

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.

Comments are closed.

  • Subscribe to the Newsletter

    Our daily roundup of Apple news, reviews and how-tos. Plus the best Apple tweets, fun polls and inspiring Steve Jobs bons mots. Our readers say: "Love what you do" -- Christi Cardenas. "Absolutely love the content!" -- Harshita Arora. "Genuinely one of the highlights of my inbox" -- Lee Barnett.