NEW YORK (AP) — Apple's stock has reached $700 for the first time, setting a record for the company the day after it announced that orders for its iPhone 5 topped 2 million in the first 24 hours.
The shares hit as high as $701.44 in morning trading Tuesday, up a quarter of a percent from Monday's close. It later fell.
The rally in its stock price puts its value at $656 billion, more than any public company has ever been worth, if one ignores inflation.
The Cupertino, Calif., company started taking orders for the iPhone 5 last week. Apple now says that while most orders will be delivered on Friday, demand for the iPhone 5 exceeds the initial supply. That means some of the devices will be delivered in October.
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Police, FBI agents and a bomb squad all showed up on a quiet residential street in North Buffalo overnight.
Eighty-two-year-old Edward Spencer was making a left hand turn while exiting the Budwey's parking lot when he struck 52-year-old Sandra Garner and 55-year-old Kevin Nowak, according to authorities.
An angry mother who claims her daughter was dropped-off miles away from home wants answers.
Deputies say a teen driver fell asleep at the wheel early Thursday morning before crashing head-on with another vehicle.
Police say a Jamestown man was selling crack cocaine out of his barber shop on East Second Street.
City Hall is considering turning to taxpayers to help keep the lights on at the only movie theatre in downtown Buffalo.