Apple Inc (NASDAQ:AAPL) Stock Climbed To An Intraday High Of $520.42


Dallas, Texas 11/21/2013 (Financialstrend) – Analysts as well as consumers had a feeling that when Apple Inc (NASDAQ:AAPL) launched its latest iPhone model in September, it would be something exceptional. This new model was not too different from the earlier version. The iPhone 5S gained one very distinctive change to the hardware in the “S” upgrade: it had added a fingerprint-scanner on the phone’s home button. This was dubbed Touch ID and the scanner & software unlocked the phone when the user’s finger pressed the button and no four-digit passcode was required.

Its been a while that users have been using the phone and its unlocking feature but most have reported that the Touch ID has failed — some are able to get a 90% success-rate while others find that the system just is unable to recognize their prints. Numerous workarounds have been suggested on social Medias and there has been a mention that users should try unlocking the phone after washing their hands, re-registering the prints and also wiping the handset however, none of these seem to be a permanent fix.

Wednesday’s trading

In Wednesday’s trading session, Apple Inc (NASDAQ:AAPL) dropped by 0.88%. The opening price of the shares was $519.23, which climbed to an intraday high of $520.42 and headed to close at $515.00. Approximately 6.94 million shares were traded on Wednesday while the average-volume of 11.00 million shares were traded over a 30 day period. The 52-week low of Apple Inc (NASDAQ:AAPL) shares is $385.10 while the 52-week high is $594.59. The company has a market capitalization of $463.37 billion.

About the company

Apple Inc (NASDAQ:AAPL) is involved in designing, manufacturing and marketing mobile communication & media devices, personal-computers, as well as portable digital-music players. The company also makes a range of related services, software, peripherals, networking-solutions, and 3rd-party digital content and applications. Its products & services include the iPad, iPhone, Apple TV, Mac, iPod amongst others.

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