Sunday, August 19, 2012

Apple stock jumps to record high amid iPhone 5 rumors

As speculation abounds that Apple will announce an iPhone 5, a smaller iPad and an iTV television set, the company's stock climbs 1.9% on Friday to an all-time high.

The frenzy surrounding the release of a new iPhone hit Wall Street on Friday, pushingApple Inc.'s stock to an all-time high — even though there has been no official product announcement or launch date from the company.


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