iPhone X Demand Has Driven Apple's Share Price to an All-Time High

Shares of the consumer electronics giant Apple have hit an all-time high of $168.07 USD as of Monday morning, valuing the company overall at an estimated $860 billion USD. This development comes from reports that pre-orders of its upcoming iPhone X are energetic. This tops its previous all-time intraday high in September of $164.94 USD. Pre-orders for Apple's iPhone X started on October 27 and the smartphone sold out instantly. Early interest in the phone seems to dismiss concerns that the high-...