Apple's iPhone 4S was called "underwhelming" by some who were hoping for a major update to the company's iPhone 4, but it appears that shareholders are more than happy to see the device launch today.
As consumers scooped up the new device, the company's shares closed up 3.3 percent at $422, the highest closing price on record. The highest intraday share price Apple stock had ever tallied was $422.86, but it never closed this high.
The success of Apple's stock underscores the company's tremendous resilience. As noted, when Apple showed off … Read more