Apple Shares Consolidating In Shortened Trading Week

shares were trading higher by $0.66 at $124.91 in Thursday's session. News of a

by the EU has not rattled shareholders in today's session. Bullish commentary from top Apple analyst, Gene Munster of Piper Jaffray, regarding the company selling

over the device's debut weekend has had a moderately positive effect on its share price. The issue has been in an uncharacteristic relatively narrow trading range over the last seven trading sessions (including today) between $122.60 and $126.92, with three of its past four lows at the $124.00 level. If Apple closes in the $124.00 handle, it will mark the fourth time it has closed in the $124 handle over this same time period.