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June 7, 2007 |

iPhone commercials send Apple stock to new high

By Triston McIntyre





IPhone commercials send Apple stock to new highThe infamous savior to a lethargic cell phone market has yet to even make its way into customer hands for a demo, and the waves it is making just keep getting bigger.  No doubt a direct response to the release of both updated MacBook Pros and the recent rash of iPhone commercials, Apple stock has hit an all-time daytime closing high of $124.069 a share.

There are no doubt many woeful investors who are mourning the day they sold their AAPL stock after hitting an all-time high; however, there is little chance investors are even considering selling at this point.

The days of wondering if Apple is on the up and up are surely through.  Though naysayers still circulate the blogs and think-bins of the internet saying that the iPhone will be the biggest flop of all time, evidence points otherwise.

After all, if ever a marketing campaign could be designed to generate the most frantic interest in a product that hasn’t even made it into the direct sight of potential customers, Apple is conducting it as we speak.  Flawless marketing and PR management have truly made this the most anticipated device launch to date.

Don’t sell that Apple stock yet; though I doubt many readers were considering such a thing.  In fact, if I owned Apple stock, I think I would spend June 29 and the following few days watching my stock ticker skyrocket.   Thanks to the folks at MacDailyNews for following the boring updates on NASDAQ.

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