Apple share rises above $600 for the first time since 2012

On May 6, 2014

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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.