Take Stock in Apple Inc.

It has been a good year so far for Apple stock. Traded under the stock symbol “AAPL” on the NASDAQ market, Apple stock on January 4, 2010, stood at $204.81, and at the close of market day on June 17, the stock sold for $271.87.

In January, Apple Inc. CEO Steve Jobs announced the new tablet computer, the iPad, and Apple stock then did what it historically does after a product release: it dipped slightly. But by the end of the month, Apple was reporting record sales for the second quarter in a row. By early in February of 2010, the stock price began a steady increase.

The price of Apple stock soared in April of this year when the iPad was finally released on April 3, 2010. On May 31, 2010, Apple stated that two million iPads had been sold in the first two months. At the end of June 1, stock prices stood at $260.83.

Apple stocks have now reached record highs in June of 2010. On June 7, 2010, after announcing the iPhone 4, pre-orders have exceeded expectations. Some analysts currently predict that iPhone users will more than triple in number by the end of 2011.