September 18, 2012
Thanks to the successful iPhone 5 launch, Apple shares have hit a new milestone. Moments ago, Cupertino’s stock hit $700 for the first time in daily trading. The stock began the day at $699.78 per share. Apple announced that they sold a record 2 million iPhone 5 units during the first 24 hours of preorders. The sixth generation handset officially launches on Friday, Sept. 21.