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Apple stock hits $600 ahead of new iPad launch

Shares of Apple stock briefly jumped above $600 shortly before the market opened on Thursday as investors anticipate the launch of the new iPad. Apple’s iPad, which is already available from at least one retailer in Australia, launches in preliminary markets at 8:00 a.m. local time from Apple’s retail stores. The tablet features a new high-resolution 2,048 x 1,536-pixel Retina Display, a faster dual-core Apple A5X processor, an upgraded 5-megapixel camera and an option for integrated 4G LTE connectivity. Shares of Apple stock had dipped back below $600 at the time of this writing.

Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.