Following its record high share prices close, Apple’s stock has reached an all-time high.
The stock reached $644.13 per share today, beating the $644.00 share price record set on April 10th.
Since the aforementioned date, the record has seen Apple’s market capitalization exceed $600 billion for the first time. It marks a 23% increase in stock price since Apple’s share prices stood at $522.18 on May 18th.
Apple is due to announce the iPhone 5 on September 12th, with the device itself expected to launch a week later on September 21st. When it does release, the smartphone is touted as the device that could lead to Apple becoming the world’s first one trillion dollar company.