October 16, 2011 - 18:52 AMT
Apple stocks jump up 3% on iPhone 4S launch day

Apple stocks have jumped by around 3% in the morning hours of iPhone 4S launch day. Since the morning of October the 14th, 2011, the same day the iPhone 4S was launched, until the time of this posting, APPL stock rose 12.07 points for a total of 2.96 percent and trade at $420.50 per share, this showing the stock as rising quite nicely since September 19th when it was then big news that it’d hit a record high at $413.23 per share.

Shares also rose last week in what may have been a sign of solidarity in Apple after co-founder Steve Jobs passed.

Meanwhile, the analysis shows the iPhone 4S very likely be seeing 4 million sales by the end of the weekend, Slash Gear reported.