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August 7th, 2012
10:12 AM ET

MYB: Apple stock near all-time high

(CNN Money)- Shares of Apple were up nearly 1.5% Monday to about $625. The stock has rebounded more than 8% since a 4% pummeling the day after it missed forecasts and guided lower. In fact, the stock is now just 3% below the all-time high of $644 it set back in April.

It appears that any lingering concerns about Apple's rare case of underperforming and underdelivering have been replaced by excitement about new products (iPhone 5 is rumored to be unveiled and go on sale next month) and the upcoming dividend payment to shareholders.

Alison Kosik discusses the company's success on Early Start this morning.
Filed under: Minding Your Business
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