Apple Shares Shoot to New Highs

by Alyssa Oursler | August 17, 2012 1:41 pm

Shares of Apple (NASDAQ:AAPL[1]) soared to a new high of more than $645 today, besting a previous high in April.

The company paid investors a dividend[2] of $2.65 earlier in the week. It also has the release of both the iPhone 5 and iPad mini slated for September, while there is also lots of talk of an Apple TV[3].

In fact, a report just announced that Apple had actually started production[4] on the cheaper, pocket-sized tablet. The tablet, like the original iPad, will compete[5] with products from Microsoft (NASDAQ:MSFT[6]), Google (NASDAQ:GOOG[7]) and Amazon (NASDAQ:AMZN[8]).

AAPL stock has now gained nearly 60% since January and nearly 70% over the last twelve months.

  1. AAPL:
  2. paid investors a dividend:
  3. talk of an Apple TV:
  4. actually started production:
  5. will compete:
  6. MSFT:
  7. GOOG:
  8. AMZN:

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