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Apple Inc. (AAPL) Rose To Another New High On Strong Demand For IPhone 5

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9/17/2012 5:11 PM ET

Apple Inc. (AAPL: Quote) announced Monday morning that pre-orders for the iPhone 5 breached the 2 million mark within just 24 hours of its opening for taking orders on September 14.

Apple gapped open higher Monday, but traded in a range for the majority of the session. The stock ended the day up by 8.50 at $699.78. Apple has been climbing for the past 3 sessions and set its second consecutive new high for the year.

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by RTT Staff Writer

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