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Apple Stock Hit The Record Prices

Shares of Apple surged to an all-time high in after hours trading following the company’s earnings report on Tuesday. As of 6:00 p.m. ET, shares were trading around $396 each after crossing the $400 mark for the first time earlier in the session, up more than 5% since the start of Tuesday’s trading. Net income in the period more than doubled to $7.31 billion, or $7.79 a share, from $3.25 billion, or $3.51, a year earlier, Apple said yesterday in a statement. Sales climbed 82 percent to $28.6 billion. Analysts had predicted profit of $5.87 a share and revenue of $25 billionTaiwan stocks rose 1.36 percent to an almost two-week intraday high on Wednesday, lifted by Apple suppliers such as Hon Hai Precision and Largan Precision , after Apple posted market-beating results.     Apple Inc. shares fell for a fourth straight session Monday to nearly a seven-month low, sparking more debate about what ails the longtime market darling. The stock slid $4.94, or 1.5%, to $315.32, i...