Apple stock soars on eve of iPad announcements

As Apple gears up Tuesday to reveal its latest versions of the iPad and iPad Mini, investors seem to be finally getting a bit more optimistic about all these new product launches. 

On Monday, Apple's stock was up 2.84%, or $14.43, to $523.32 in mid-day trading. 

PHOTOS: One man's quest to prove Legos can be art

Within a week of the Sept. 10 iPhone announcements, Apple's stock has tumbled to $450.12.

The company slowly regained momentum, helped by Apple's announcement that it had sold a record 9 million new iPhones during the first weekend. 

That puts the stock with reach of its highest point this year, $549.03 on Jan. 2, though it has a way to go to crack the $700 barrier it reached in September 2012.

AAPL data by YCharts

ALSO: 

Before new iPads are announced: Where to sell your Apple tablet

Apple begins ads for gold iPhone 5s, a.k.a. the 'Kardashian phone'

Amazon begins shipping Kindle Fire HDX ahead of Apple iPad event

Copyright © 2016, Los Angeles Times
55°