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Apple Stock Crosses $700 Per Share After Hours On The Strength Of iPhone 5

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http://techcrunch.com – Apple joined the illustrious $700 club today in after-hours trading, a list of stocks that have traded at or above that price per share which includes only a few select companies, including Google, which passed that mark earlier in September. The share price was likely driven up first by strong response to its opening of iPhone 5 pre-orders last Friday, and then by the news today that in fact, the company had sold 2 million iPhones in its first 24 hours of pre-order availability, twice the number of iPhone 4S devices that sold in the same period. Apple had already opened at an all-time (IT news)