Apple stock keeps improving after news of Black Friday sales

On December 4, 2013

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While there is still quite a bit to go to reach the glorious days of Apple share prices being above $700, Apple shares yesterday reached the highest point since December 2012.

Tuesday Apple stocks closed at $566,32 rising 2.7 percent throughout the day, equating to an increase of roughly $15. This also means the Cupertino company has seen a stock price increase of 6% throughout 2013.

We are speculating that this sudden increase is most likely due to the strong holiday sales Apple is currently experiencing as well as rumors that Apple is working on a deal with China Mobile, this would undoubtedly increase their marketshare in China multifold as well as result in number of iDevices sold increasing rapidly.