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Vendor?s shares reach all time high courtesy of the iPhone

Apple shares reach $200

Apple has seen its shares reach $200 for the first time in its history. Over the past year shares in Apple has traded between $76.77 and $199.33, with the trend heading upwards since the iPhone went on sale.

Analysts have also highlighted the flash-based Nano model and the iPod touch as a reason for the rise, with shares expected to peak at $225. The falling cost of flash memory has also been credited as a reason for the company’s success.

There was, however, no mention of Apple’s Leopard operating system, or any of its other hardware.

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