AAPL Dances in Record Territory Above $215

· by · Apple Stock Watch

Shares in Apple Inc. have been dancing in record territory in the Tuesday trading session, trading as high as US$215.59 per share, after news broke that the company was acquiring mobile ad company Quattro Wireless. Investors were also reacting favorably to a report from The Wall Street Journal that Apple would announce its tablet device in January and ship it in March.

AAPL set a record closing high on Monday, closing at $214.01, and today's trading range as high as $215.59 marks a record intra-day high.

In the early afternoon trading session, AAPL was trading at $215.00, a gain of 0.99 (+0.46%), on strong volume of 15.2 million shares trading hands (the 10-day average volume is 15.8 million shares for the full trading day).

*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.  

Bryan Chaffin

Bryan Chaffin

Bryan is the cofounder of The Mac Observer and currently serves as Afternoon Editor. He has contributed to MacAddict and MacFormat magazines, and coauthored Incredible iPad Apps for Dummies with Bob "Dr. Mac" LeVitus.

You can find out more about Bryan at his personal site, GeekTells, or follow him on Twitter @TMOBryan.

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