Jan
Apple’s Stock Soars To New All-Time High
Apple’s stock soars to new all-time high on Wednesday, as the company reported stellar earnings and announced new products. Apple’s earnings were up 26% from a year earlier, and the company said it had sold more than 74 million iPhones in the quarter. The company also announced new products, including a new iPad and a new Apple TV.
“We are thrilled to report that iPhone sales are now above 100 million units for the first time and that we are on track to deliver our first trillion dollars in annual revenue,”
said Apple CEO Tim Cook in a statement.
“We are very excited about the future and our team has worked hard to bring many new products to market this year.”
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