Apple 2.0

Covering the business that Steve Jobs built

Apple hits record high $364.92

July 15, 2011: 4:07 PM ET

After a five months of jagged ups and downs, AAPL overtakes a record set on Feb. 16, 2011

Investors who stuck with Apple (AAPL) through thick and thin this year got their earthly reward Friday.

With only two trading days left before what's expected to be yet another boffo earnings report, the stock broke out of its Max Pain trading range and set a new all-time record.

After hitting an intraday high of $365, the stock closed at $364.92, up $7.15 (2.0%) for the day.

The previous high close ($363.13) and intraday record ($364.90) were both set nearly five months ago, on Feb. 16, 2011.

Join the Conversation
About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

Email | @philiped | RSS
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.