Posted Sep. 18, 2012 at 6:23 a.m.

Premium Lock Record iPhone sales send Apple shares above $700

Published: 2012-09-18 06:23:00
Updated: 2012-09-18 06:23:00

Waiting on iPhones in New York People line up in front of the Apple Inc. store on Fifth Avenue in advance of the sale of the iPhone 5 in New York, U.S., on Monday, Sept. 17, 2012. The iPhone 5 is expected to go on sale at stores on Sept. 21. Apple Inc. said pre-orders of its iPhone 5 topped 2 million units in one day, more than double the sales record set by the previous model of the device. Photographer: Peter Foley/Bloomberg Image 1 of 6 · Next Image…

Apple shares climbed as high as $701.79 after reaching a record $699.78 at the close in New York. The stock has advanced 73 percent this year....

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