Apple shares reach new high as analyst predicts $200 price

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apple stock price
AAPL shares are on the rise.
Photo: Buster Hein/Cult of Mac

Share prices of Apple Inc. hit yet another record high during trading today, setting a new top mark of 143.80 by the time the market closed.

Apple shares were trading up nearly 3% on Tuesday thanks to an investor note from UBS analyst Steven Milunovich who predicts the stock price could shoot up past $200 in the next two to three years.

4 biggest surprises from Apple’s totally unsurprising update

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Will we get more than the iPhone 7 next week?
None of today's announcements were keynote-worthy.
Photo: Apple

Apple’s “surprise” announcement of new products and software wasn’t all that surprising if you’ve been keeping up with the latest rumors.

Today’s updates were practically announced yesterday when the company said its store would be down in the morning for “maintenance.” Despite all the rumors of new iPads and RED iPhones that have been out for weeks, Apple still managed to sneak in a few surprises that were both good and bad.

We’re eagerly awaiting Apple’s rumored April keynote, but here’s the biggest, most surprising news from today’s teaser.