Shares in Apple closed at an all-time high today. At the closing bell at 4 p.m. ET, AAPL was trading at $636.34.
That’s not the all-time high price; that came Tuesday when the stock peaked temporarily at $644.00, but the share price dropped to about $632 a share that day by the close of trading.
What’s keeping Wall Street investors bullish on Apple? They’re all looking forward to an announcement of new products, possibly a new iPhone and a smaller iPad, within the next month.