AAPL share price hovering near all-time high

Here's a surprise -- usually the day after Apple announces record-breaking financial performance, the stock drops. Today, however, on the heels of truly astounding news and optimistic statements from Apple executives, the share price has been climbing.

Based on bad economic news yesterday, the stock markets fell sharply, leaving AAPL at 109.14 per share at the close of trading. This morning, however, the share price opened at 117.62 and has been wavering around that mark.

Apple's share price reached an all-time high of 119.00 on November 26, 2014, resulting in a market valuation for the company of $700 billion. Should it reach or surpass that level today or in the near future, we'll be sure to let you know as soon as possible.