Apple shares have hit a new high of $US600 as the company prepares to launch its new iPad.
The company’s share price has risen dramatically over the past few years, with shares topping $US600 overnight – and there are predictions it could even reach $US1,000.
According to a new report from Morgan Stanley, the finance giant predicts Apple shares could reach $US1,000 by the end of 2013, according to Mashable.
Apple shares have risen more than 50% since co-founder Steve Jobs died in October.
ABOUT THE AUTHOR
Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
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