Apple Shares At All-Time High As New iPhone Launches

October 15, 2011 Updated Oct 15, 2011 at 1:43 PM EDT

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Apple Shares At All-Time High As New iPhone Launches

October 15, 2011 Updated Oct 15, 2011 at 1:43 PM EDT

According to a Forbes.com story, shares of Apple rose to an all-time high on Friday as the tech giant unveiled its new version of the iPhone.

According to Forbes, Apple's shares closed at $422 on Friday, which was a 3.3-percent increase.

Read the Forbes.com story HERE.