Apple Makes New All-Time High

Apple Inc. AAPL shares are trading higher by 64 cents at $162.24 in Wednesday's session.

The stock has shrugged off two negative news items -- tax liability in Ireland and power outage for three suppliers -- and has made a new all-time high in today's session.

Apple's stock is now trading higher for the fourth day in a row, rallying from last Thursday's close ($155.32) to north of $162.00. Around 12:30 p.m. ET, it surpassed its former all-time high that was made on Tuesday at $162.20, reaching $162.51.

In order to post a new all-time closing high, it will need to end the session above Tuesday's close of $161.60.