Apple Shares at an all time high thanks to iPad Shipping Announcement

By Jamie Pert - Mar 8, 2010

It has recently been revealed that Apple’s shares have hit an all time high, prior to this they peaked when Apple initially revealed that a new “product announcement” was due, this product announcement turned out to be the Apple iPad.

The reason for shares rocketing today is said to be because Apple have now confirmed the iPad’s shipping date, this resulted in shares reaching $219.36 on Friday afternoon, the 52 week high before this was $215.59.

Many believe that initial sales of the iPad will be quite promising, however whether this device will become less popular when competitive open-source tablets launch is yet to be seen.

Source: SlashGear

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