Apple Is Trading Near Its All-Time High After A Mammoth Earnings Report
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Smithsonian/Renegade Pictures
A wooly mammoth.
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Apple is up 9% in pre-market trading. It was only up 5% after hours last night, so investors have clearly gotten more excited about Apple's potential.
Apple is now trading at ~$119, which puts it in range of its all-time high, which is $119.75, per Yahoo Finance.
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The company reported 74.5 million iPhones sold during the holiday quarter, a 46% jump year-over-year, well ahead of expectations that the company would sell 65 million units.
We'll keep an eye on the stock all day and update this post.
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