1 of 24Image
Apple's hits record $700 price, plummets back to $500 mark
For the Cupertino, Calif.-based technology giant, 2012 has brought Apple some extreme ups and deep lows. In September, just days after the launch of the iPhone 5, Apple hit the historic $700 a share milestone, which valued the company at close to $655 billion. That was September, however, and a lot can change in the space of fifty days -- and indeed it did.
While Apple was, for a time, the hottest tech stock in town, the firm really felt the pinch after it fell more than 3 percent in just one day. After management changes and negative analyst notes, the company's share price plummeted back to close at the $500 a share mark, a low the company had not seen since February, earlier this year.