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iPhone 4S Launch Drives AAPL To All-Time High Of $422

iPhone 4S Launch Drives AAPL To All-Time High Of $422

As you’re no doubt aware, the iPhone 4S launched in its first seven countries today to unprecedented demand. As a result of strong launch day sales performance, Apple has reached an all-time high of $422 per share.

Apple’s shares went up by an impressive $13.57 (3.32%) to $422 following the launch, beating Apple’s previous record of $411.63 back in September.

The iPhone 4S launch has been meet with unparalleled enthusiasm, despite a vocal minority initially voicing disappointment that Apple did not produce a completely redesigned iPhone 5.