The stock closed above $100, which marks a record for the electronics giant when accounting for June's 7-for-1 stock split.
The data released by analyst firm Mirae Asset Securities claims that the Korean manufacturer will sell 15 million units in the April-June period.
With users now spending 60 percent of their Internet time on mobile devices -- the majority of that within apps -- Pandora, Instagram, and Facebook are seeing a surge in mobile use.
Shifting from the Creative Suite license business to Creative Cloud subscriptions made plenty of customers angry, but it made plenty of investors happy.
Shares in the search giant opened at $979 and, by midmorning, crossed the $1,000-a-share psychological barrier.
The social network's shares are up 70 percent in value since its second-quarter earnings report in late July.
The company's stock, which rose to $775.60 today, contrasts with the stock performance of rival Apple.
New report expects Amazon revenue to top $1 trillion by 2016, shares soar on upgrade by Morgan Stanley.
Apple presented the most popular apps of all time in celebration of 50 billion downloads, so I decided to find a few cool replacements.
As Amazon gets ready for its press event today, investors rush into the stock in anticipation of hearing something big.