Apple, Amazon, Google shares hit new highsSeptember 7, 2012 - 20:25 AMT PanARMENIAN.Net - Apple, Amazon and Google have had a good day so far as their stocks rose to new highs, CNET reports. Apple cracked $680 for the first time on its way to who knows how high in anticipation of the Sept 12 iPhone 5 launch and a possible iPad mini introduction later this month. The company's market cap rose above $635 billion. Amazon hit another all-time high following the introduction of its new Kindles, which are much more competitive with the iPad and other tablets than expected. The stock zoomed above $258 in this morning's trading. Google also hit its highest price since December 2007, crossing $700 Friday, Sept 7 morning. Its Nexus 7 has been a tablet that has been well reviewed and sold briskly, but in the wake of Amazon's new Kindles and Apple's rumored smaller iPad, that success could be compromised. Google's market cap closed in on $232 billion earlier today. While Apple is rising, Pandora is falling, based reports of a rival music service from Apple. The stock was down 18 percent as of 8:30 a.m. PT. Facebook, which went public in May at $38 per share, is on the rise after falling below $18 earlier this week. Thanks to Apple, the tech-centric Nasdaq is now up more than 20 percent this year, compared to the 8.8 percent rise in the Dow Jones Industrial Average. It's at its highest mark since 2000. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. Armenian Economy Minister to make trip to UAE May 20-22 A delegation led by Minister of Economy Gevorg Papoyan will travel to the UAE capital of Abu Dhabi on May 20-22 Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. |