Following Apple’s announcement of record quarterly and year-over-year earnings for Q2 2012, investors have driven Apple’s stock like wildfire. Shares have been pushed near the $600 per share milestone once again, and the stock is up over 7% in after-hours trading.
The boost comes after Apple has seen significant drops over the past week or so as analysts and investors anticipated Apple’s financial report. Apple’s stock traditionally rises significantly after earnings reports, so the increased investor enthusiasm should come as no surprise.