Apple share rises above $600 for the first time since 2012
If you hold shares in Apple then this will be great news for you, for the first time since November 2012 the Apple stock price rose to over $600.
Even though that is not nearly as high as the $705 it rose to in September 2012, just after the iPhone 5 was announced it is still higher than the $500 it has been hovering around since October 2013. Many people are speculating that this is a result of the amazing Q2 Earnings Call from last month.
The increase also comes after the verdict in the Samsung vs. Apple lawsuit in which Apple was awarded nearly $120 million.
We will keep focus on the Apple’s WWDC developer conference which runs from June 2 – 6 where Apple is expected to announce iOS 8 as well as an update to Mac OS X.