Apple’s New All-Time Highs (AAPL)

Posted in after-hours 
April 20th, 2010

Apple Inc. (NASDAQ: AAPL) has reopened after its trading halt.  The company handily beat earnings estimates and estimates on margins, iPhones, iPods, and iMacs…. and shares are sharply higher.  Shares closed down 1% at $244.59, and the stock is up around $263.00 in the after-hours session.  The prior 52-week and all-time high was $251.14.

Keep in mind that each $1.00 up in share price is close to $900 million in market cap.  The stock is now up around $261.00 and it hit $264.00 in the after-hours session.

JON C. OGG

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