Apple’s stock topped $500 for the first time on Wall Street even as a probe started looking into work conditions at a Chinese factory that cranks out the California company’s coveted gadgets.

Quoted from Apple shares surge despite factory inspections in China on Gadgets News Headlines – Yahoo! News

Apple shares gained 1.86 percent during the day, powered by reports a new iPad may be unveiled next month, to close at $502.60 and then inched up more in after-hours trading. Apple’s shares drop despite record third quarter report and China surge The Nasdaq tumbled 1.8% Thursday as strong earnings from couldn't compensate for broader market worries over housing and oil prices. Akamai and XM Apple disappoints despite China surge disappoints China . ’s share price has gained by more than a third in the past 12 months but it has failed to break above Tags: apple, disappoints, despite, china, After a series of blockbuster earnings that blew past even the most optimistic of Wall Street estimates, is feeling the pain of falling short of smashed profit and revenue estimates in its latest quarter, sending its to a new high in after-hours trading — producing have fallen sharply the technology giant reporting a big jump in third quarter profits. The closed 4.3% lower at $125.14, cutting $50bn off 's market value, with investors unimpressed with its

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