I’m going to say Apple hitting a share price of around $524 is going to be the high of the day and the high for a least a few weeks. The stock has shot up nearly a $100 points since it’s last earnings announcement.
It’s been quite a run and it’s not like Steve Jobs has come back from the dead or something. Yes, this stock is going to $1000 a share in the coming years, but it needs to take a little rest for a while, I think. Perhaps when Apple announces a dividend the stock will take a break. Who really knows though. For now, it’s like Apple is the safest place in the world to put your money no matter what crisis is going on in the world.