Apple stock price soars above $200

Judgment on June 10, 2008: As David correctly points out below, Apple's stock did not close at or above $200 by the closing bell today.  This prediction has been judged at S$0. -- The Industry Standard

Original Prediction:

As of the writing of this prediction on June 3, Apple’s stock price is at $185.37. With the coming iPhone announcements at the WWDC expected to wow analysts and consumers alike, $200 is within sight, as is, perhaps, the 10 million iPhones sold threshold that Jobs and company have set for themselves.

This is a prediction that Apple’s stock price will have hit at least $200.01 by the closing bell on June 10th. Betting on this prediction will close on June 8th. Note that the $200.01 threshold does not need to be the closing price for favorable judgment – it need only have been the high at some time before the closing bell on the 10th. If by some stroke of luck the stock hits $200.01 or above before the closing of bets on the 8th, we will immediately close and judge the prediction favorably.

Questions or need clarification before placing your bet? Let us know below in the comments.