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Apple stock closes at all-time high following iPhone announcement

by - source: Tom's Hardware

Cupertino (CA) - Apple new iPhone apparently has sparked new enthusiasm for the brand among analysts and investors. The company stock gained $7.10 or 8.3% on the day and currently stands at $92.57. The stock is trading near to an all-time high which was reached during the January 7, 2007 trading session ($93.08). The January 9 closing price set a new record for the company.

The company’s market capitalization is about $79.54 billion.

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