19.09.2012 04:20 Uhr, Quelle: MacNN

AAPL closes above $700 for first time on iPhone 5 strength

When iconic co-founder and former CEO Steve Jobs passed away from cancer in October of last year, many wondered if his company could continue the pace of innovation, popularity, high-quality products and record profits that had marked Apple's ascendency since the turn of the 21st century. While just shy of a year is perhaps too soon to say definitively, Apple has flourished in the 11 months since then, and has further cemented its "most valuable company" status by closing over $700 per share for the first time.

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