Pursuits
Apple Soars to Record Amid Optimism About Coming Products
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Apple Inc.’s stock crossed an all-time high, surpassing a 2012 record as investors look ahead to new products such as bigger-screen iPhones and a wristwatch-like device that may jump-start revenue growth.
Apple rose as high as $100.77 this morning in New York, topping the split-adjusted record of $100.72 reached on Sept. 21, 2012, when the iPhone 5 went on sale. The shares pared some of the gain and were little changed at $100.49 at 9:55 a.m.