The numbers basically say everything. AAPL closed at over $600 per share for the first time in Apple’s history today, and it’s only fitting considering what was just announced. The new iPad sold a jaw-dropping 3 million units since its launch 4 days ago, making it the most successful iPad launch ever by a long shot. Not only that, but Apple announced shareholder dividends this morning — a decision that obviously pleased Wall Street.
When does it stop? That’s the question one has to ask when faced with the overwhelming success Apple is continuing to see with every new product. The Cupertino company’s earnings have been growing exponentially with ever business quarter, and Apple is already the most valuable company on earth. Absolute craziness.
Alex Heath is a journalist who works for Tech Insider. He’s the former co-host of The CultCast. He has been quoted by the likes of the BBC, KRON 4 News, and books like “ICONIC: A Photographic Tribute to Apple Innovation.” He lives in Lexington, Kentucky. If you want to pitch a story, share a tip, or just get in touch, additional contact information is available on his personal site. Follow him on Twitter.
8 responses to “AAPL Closes At Over $600 Following Apple’s Stellar iPad Launch Weekend”
Steve would be proud.
I wish I had $600 to invest in Apple. But I’d only get less than $3 back…
he certainly would.
The iPad sales announcement occurred just after closing bell. It will be interesting to see the effect to the share price tomorrow
I didn’t know that there is a Siri command for reading Stocks… anyone want to share?
A dedication to steve.
I remember all to well when the stock was at $64 a share. Â I say to the wife “let’s put 5 grand down on Apple stock” Wife says “what if they go out of business, let’s just keep it in our savings account” Good move wife, good move.
Just ask Siri what XX stock is at…