How about $2,000 for the New iPhone, Really?

apple-inc-logo.jpg
Embedded Video: 

Apple Inc. (NASDAQ:AAPL) and their new iPhone 4 frenzy continues, how about paying $2,000 for the new iphone.

WallStNation.com Sponsors - Become one Today

Over the past 12 months Apple Inc (AAPL) shares have traded between $134.42 and its 52-week high of $279.01.  Apple Inc shares are now trading with a P/E Ratio of 22.8 and EPS of 11.78.

Across the country many Apple Stores opened as early as 7am, serving customers first that had placed pre-orders for the new iPhone 4 and just needed to pick theirs up. Lines were long for the pre-order queues and in some places even longer for the walk up hopefuls. Even hours after the stores opened, lines were still blocks deep in some locations.

Apple Inc 's (AAPL) current market cap is $243 billion and its shares are now just -4.32% below its 52-week high.  AAPL shares are trading at $267.46, up -0.57% or $-1.54

WallStNation.comThanks for visiting WallStNation.com, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)


Share WallStNation.com Content

Share this article with others, WallStNation.com is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary




Please Review the WallStNation.com Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details