Most likely in light of the upcoming launch of the next iPhone, Apple’s stock price passed it’s all time high price today at $644.27. It also saw its market cap once again go above the huge $600 Billion mark, both of which were last seen all the way back on April 10th.
The rise follows yesterday which was the first time Apple payed dividends to shareholders since 1995, giving $2.65 for each share. The spike in stock price was also likely to be linked with the upcoming iPhone 5 and iPad Mini expected in the coming month, with investors wanting to get in early obviously predicting the products doing well.
With the market cap once again crossing the $600 billion mark and with the rate of sales increasing from Apple it’s looking like previoius analyst predictions of Apple becoming the first trillion dollar company by 2014 could fall very true.
Howard Richards is a London based Psychology student and technology blogger who specializes in the world of Apple. He sources and writes about the latest rumours and leaked pictures to come out on future Apple products. He is a keen twitter user so follow him to find out more!
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