Apple's Amazing Stock Increase

  Apple's Amazing Stock Increase

Apple's stock with a value of $600 per stock with
an increase of more than 2.5 precent.

            We all know the great success that Apple has had over the years, with the iPad coming out and the new iPhone 4S selling out faster than ever before. Apple's stock was always high and made its shareholders grin when they observed it. But we've never seen something like this. Apple's stock is going up to a booming more than $600 per stock.  Finance analysts foresee the stock going up to even $750 to $800 in the next couple of months. The most the stock has ever been before this year was in 2011 with a value of around

$400 per stock.

         Many people are surprised that the stock is so high. They were sure that after the devastating death of Steve Job, that the company will slowly decline. But the fact is that the company has never been better, with an estimated worth of $110 billion. Many share holders say that they should increase the dividend, the money the company gives to the shareholders. Others say that they should use the money to increase their business and expand to different locations.

 “The best thing they can do is [make] steady increases in the dividend,” said Larry Haverty," “There's plenty of room for improvement in the payout…Steady increases maybe once every six months and push the stock up between 2.5 and 4 percent…"

         Apple stocks increased around 10 percent last Wednesday stopping the five day losing streak. One reason people say apple's stock has increased is the new iPad. The first iPad came out back in 2010 along with the iPhone 4. Both products making a groundbreaking impact on the company and the stock. But even then the stock wasn't as a high as it is now. The new iPad was never as groundbreaking as the first and second, so what is the source of Apple's great success? Some say its management, others say its just the special brand called Apple. 

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By Michael Muller