Apple’s stock price hit a new record high today on increased future product speculation, and the payout of their first investor dividend in 17 years. AAPL closed today at 636.34, just past the previous closing high of 6336.23 set in April.
As MacRumors notes, Apple’s stock has reached higher values mid-day – for instance, it reached a high of $644 on April 10, 2012 – but the stock dipped somewhat prior to closing. Overall, Apple’s stock is up over 60% this year, and their market value remains high, cementing their role as the world’s most valuable company.
While Apple’s stock growth has been a bit weaker recently as users anticipated a new wave of Apple devices, speculation about Apple’s next-gen iPhone launch in September (and the rumored iPad mini for less than $300) have driven investors into buying mode.
You can bet there will be plenty of growth to come, too, as it looks to be a pretty promising fall season for Apple and their customers and investors!