EDTApple (AAPL) shares hit record high on strong earningsApple (AAPL) shares hit a record high on Friday, surpassing the $200 mark for the first time in the company’s history. The surge comes after the tech giant reported better-than-expected quarterly earnings, driven by strong iPhone sales and growth in its services business. The company’s stock rose more than 6% in afternoon trading, buoying the overall market and contributing to the Dow Jones Industrial Average’s gains. CEO Tim Cook also announced plans for a $110 billion stock buyback, the largest in US history, which further boosted investor confidence in the company’s future prospects. Apple’s strong performance is seen as a positive sign for the tech sector as a whole, and could help alleviate concerns about slowing growth in the industry.