Apple shares crossed the US$400 mark on Tuesday morning for the first time and set an all-time high. The stock was last trading at $401.62, up 0.7% from the previous close.
The shares have gained more than 6% since the company reported strong earnings growth for the June quarter last week. Apple shares are up about 25% since the first of the year, notes “MarketWatch” (http://macte.ch/22rFU).