Monday, October 18, 2010

Apple Inc strikes brand new high on stock sector

New record stock price for shares in Apple Inc

There is some large news concerning Apple. Steve Jobs and shareholders in Apple Inc have an occasion to commemorate. The Apple business stock has just reached the highest value ever. Shares of Apple are selling for $300 or more. It is the most the stock has ever sold for. This has been a huge year for Apple. With Christmas approaching, it ought to be getting better. The iPad and continued success of the iPhone and iPod assure that Apple is going to be a heavyweight for a long time to come.

New high comes from Apple Inc.

The New York Times reports that for October 13, Apple Inc. hit the highest stock it has ever been at. Apple Stock is over $300 and staying there. The high point hit was $301.50. Apple is pretty excited. Stock has never been that high for Apple before. The prices for Apple stock keeps going up. Brokerage houses do this on purpose. You are able to get stocks from Financial institution of The United States for $400 per share. Oppenheimer raised its price for shares of Apple to $345. The year is going great for the company. The business is way excited. This year is looking good. The tablet computer had been successful from Apple. This had been a concern since other tablets have failed before. The iPhone 4. and also the iPod continue to sell. A fourth quarter record will come out for the business pretty soon.

Verizon iPhone gossips will not die

There have been consistent rumors of the iPhone moving to other networks. The fabled Verizon iPhone causes a great stir almost once a month. However, neither Verizon nor Apple have confirmed it officially yet. The trouble in a Verizon iPhone, according to the Wall Street Journal, is that Verizon uses CDMA systems. Retooling the iPhone for CDMA use would be the biggest issue that would need solving. That would need to occur before a Verizon iPhone could exist. Smartphone’s like the Android have been getting fairly popular along with the iPhone though.

Apple is what the sector desires for

Apple Inc. has had an incredible year so far. There is no reason the company would let up. It will continue this way. The business has hit a record high share cost for good reason.

Citations

Wall Street Journal

online.wsj.com/article/SB10001424052748704657304575540072333071694.html?mod=loomia and loomia_si=t0:a16:g2:r3:c0.0243532:b38300774

NY Times

nytimes.com/external/gigaom/2010/10/13/13gigaom-apple-stock-climbs-above-300-56406.html?ref=technology



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