Apple Shares Top $200 After Strong Year
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
Shares of Apple Inc. topped the $200 mark yesterday, as investor confidence in the company continued rising near the end of what has been a strong year for the iPod and computer maker.
In afternoon trading, shares recently rose $2.04 to $200.82.
Apple shares have traded between $76.77 and $200 in the past year, rising steadily since January as investors anticipated and then cheered the release of the company’s hybrid cell phone, multimedia player, and wireless Internet device, the iPhone. The product went on sale at the end of June.
