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For the more than 600,000 of you who have already pre-ordered iPhone 4’s, Apple thanks you.
Shares of the company’s stock hit an all-time high on Thursday, grossing $272.90 during morning trading.
“Momentum appears beyond our bullish expectations,” said Shaw Wu, a Kaufman Bros. analyst, in a note to the AP. “Based on our analysis of demand trends and supply chain data, we are raising our already above-consensus estimates, which frankly we find remarkable as we are arguably still in a recession.”
Translation? Buy, buy, buy.