Apple Shares Hit $700 for First Time
Company now worth $656B
By Newser Editors and Wire Services
Posted Sep 18, 2012 12:01 PM CDT
Apple CEO Tim Cook speaks in front of an image of the iPhone 5 during an Apple event in San Francisco, Wednesday, Sept. 12, 2012.   (AP Photo/Jeff Chiu)

(Newser) – Apple's stock has reached $700 for the first time, once again setting a record for the company the day after it announced that orders for its iPhone 5 topped 2 million in the first 24 hours. The shares hit as high as $701.44 in morning trading today, up a quarter of a percent from yesterday's close, but later fell. The rally in its stock price puts Apple's value at $656 billion, more than any public company has ever been worth, if one ignores inflation.

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Showing 3 of 9 comments
ppacimr9ball
Sep 18, 2012 1:42 PM CDT
Apple sucks and always will, I would never buy any apple product, and jeez just look at the comment from hedoublehockeystix, boy he seems to be a level headed person, only idiots and freaks buy these products, and why do they all buy these new phones with no purpose, my dumb phone makes calls - what else would you need to do with a phone lol. Unless you have no brain and the phone acts as a second brain i guess
jen87
Sep 18, 2012 1:31 PM CDT
If I clear out my bank account and don't pay my rent I could get ONE share ... OK. I lied. Two.
crackalacka
Sep 18, 2012 12:22 PM CDT
Apple RULEZ lol fuck tha haterz.. OMG Android suxx ballz I tried one and it gave me the CANCERS . dOn't buy one!!1!!! TIM COOK JONY IVES 2012