Apple shares hit all-time high (again)

Apple break the 300 dollar barrier for shares

Apple's share price continues to break records, passing the $300 (around £189) barrier this week, fueled by the success of the iPad and future plans.

Apple's share price continues to break records, passing the $300 (around £189) barrier this week, having been worth just $28 (£17) ten years ago.

Apple stock reached a high of $301.96 in Wednesday trading, closing slightly lower at $300.14.

Strong iPad sales, a predicted bumper "holiday season" and plans for a new Mac OSX update dubbed Lion, to be unveiled next week, have all helped maintain interest in Apple analysts say.

Brian White, analyst with Ticonderoga Securities, believes Apple can sell 45 million iPads next year, despite stronger competition from rival tablet makers Samsung, Toshiba, Microsoft and RIM.

This story, "Apple shares hit all-time high (again)" was originally published by Macworld U.K. .

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