Apple Stock Price Hits $100 USD

Apple‘s stock price has just hit the symbolic $100 USD mark — a level not seen since September 2012 — and it looks like it will reach a new record high soon. Strong quarterly results, the promise of new products, and a seven-for-one stock split earlier this summer are all behind the stock’s strong showing. The split, which occurred in June, was designed to make the company’s stock more accessible to a wider audience. In September 2012, Apple’s stock reached a record high of $702.10 USD, which equates to $100.30 after the recent stock split. After sliding from September 2012 to April 2013, Apple’s stock has slowly been on the uptick. More impressive, in the last 10 years, Apple’s stock has risen 4,419 percent. You can read even more on this at The Wall Street Journal.