As the world readies itself for the official seismic news of – gasp! – another iPhone to drop, Apple is already reaping the stock market benefit of the heady, intoxicating swirl of rumours, “leaked” prototype images, Photoshop-mockups and typically foolish conjecture erupting out of the interwebs from every digital orifice.
When the exchanges closed on Tuesday August 19, Apple’s stock price had hit a record high of $100.53 per share. Cashing in six of those bad boys would buy you a new iPhone. We don’t know whether to laugh or cry at that.
Either way, we sure as sugar wish we’d bought a sackload of Apple stock when it was way off the $100 pace, not much more than a couple of years ago. Oh well!
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Engineering & Technology magazine 