Apple trading at all-time high

Yep. When Merrill Lynch talks, investors
wake up and smell the Sony. Apple hit an all-time high earlier today of $89.08 per share after the brokerage firm upped its 12-month target on Apple stock 20% to $102 from the previous $85.

Apple's stock has increased seven-fold since mid-2003. Zacks lists 12 'buys', five 'holds', and one curious lingering
'sell' on a stock that, "continues to produce dazzling technical and fundamental results." Well, that's fine. It could mean more stock will go back into the pool for the smart folks. ;)

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