As Apple gears up to announce earnings, the stock has hit an all time high each of the last two trading sessions. Today AAPL is up about 2.5% to just north of $373. Market cap is now just shy of and incredible $350B. (Exxon is at $409B) Great earnings are expected from AAPL as tech has found a footing following Google’s quarterly results last week that shot the stock up over 12%.
In addition to expected stellar earnings, news that Apple is close to inking a deal with China Mobile has given the iPhone maker a boost. This deal would potentially give Apple access to China Mobile’s 600m subscriber base. Stay tuned tomorrow for the exact earnings release.