Apple Shares Close Above $700 for First Time

Posted on September 18, 2012

Apple's stock has closed above $700 for the first time. AAPL closed at $701.91. A driving factor in the increase in share price was Apple's announcement that it sold over two million units of the iPhone 5 through pre-orders in just 24 hours. Apple's climb may not stop anytime soon with some analysts betting on still more gains for the gadget giant. S&P Capital IQ has a target price of $800 for Apple. Take a look:

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