Apple's share price broke 300 US dollars for the first time

October 14 International Report: Apple's stock price broke through 300 US dollars for the first time on Wednesday, influenced by iPad sales and Apple’s plan to expand the Chinese market.

The highest share price of Apple rushed to 301.96 US dollars, after the newspaper closed at 300.14 US dollars, up 1.60 US dollars, so that Apple's market value reached 273 billion US dollars. Investors expect Apple iPad sales to exceed expectations, and Apple hopes to open 25 chain stores in China next year.

Analysts expect Apple’s fourth-quarter earnings of $4.05 per share, and iPhone 4 sales of 12 million to 15 million, which is much higher than Apple’s sales of 8.4 million in the third quarter. Analysts’ target price for Apple shares is expected to be between $320-330.

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