Vendors shares reach all time high courtesy of the iPhone.
Apple has seen its shares reach $200 for the first time in its history. Over the past year shares in Apple has traded between $76.77 and $199.33, with the trend heading upwards since the iPhone went on sale.Analysts have also highlighted the flash-based Nano model and the iPod touch as a reason for the rise, with shares expected to peak at $225.
The falling cost of flash memory has also been credited as a reason for the company’s success.
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