Shares of Apple’s stock hit the $600-mark on Tuesday for the first time since April 27th. The company’s stock price sky-rocketed earlier this year after Apple reported the most profitable quarter in history among technology companies, and the second-most profitable quarter ever among all U.S. companies. AAPL hit $500 in February, and it first climbed above $600 this past March as investors anxiously awaited the launch of the company’s latest iPad tablet. Since touching $600 shortly after 11:00 a.m. Eastern on Tuesday, Apple’s stock has dipped slightly and was hovering around $599.50 at the time of this writing. Renewed chatter surrounding the upcoming launch of Apple’s rumored iPad mini is credited in part for today’s jump to $600, as is the dismissal of chatter that Wintek’s disappointing June might point to a slow month for sales of Apple’s mobile devices.

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.