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Apple crunched estimates at the end of the session

Apple crunched estimates at the end of the session prior to the one yesterday and soared in normal trade to touch an all time high above 260 bucks a share. The stock closed a little away from that, up just shy of 6 percent higher to 259.22. The one standout for me was that the company managed to sell more iPhones than iPods, and the other was that the app store was just starting to compete. Hanging over the rest of Wall Street and financials in general are the pending financial regulations. President Obama is pushing for much tougher rules.


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