Apple (AAPL) Rises on iPhone Speculation
Shares of Apple Computer Inc. (AAPL.O: Quote, Profile, Research) rose 2 percent before the bell on Tuesday as investors speculated that the company may be close to launching a cell phone encompassing some of the features of its highly popular iPod digital music player.
The stock rose to $87.90 in electronic trade, up from a Monday close of $86.47 on the Nasdaq.
On Monday, analysts said chip maker Broadcom Corp. (BRCM.O: Quote, Profile, Research) was likely to supply chips for the cell phone that Apple could launch in early 2007. Broadcom shares were up at $37.15 before the bell, up from a close of $37 on the Nasdaq on Monday.
Source: Reuters.comLabels: AAPL, Apple Computer, BRCM, Broadcom, Nasdaq
posted by Stock Administrator @ 4:54 PM
Apple (AAPL) Rises on iPhone Speculation
Shares of Apple Computer Inc. (AAPL.O: Quote, Profile, Research) rose 2 percent before the bell on Tuesday as investors speculated that the company may be close to launching a cell phone encompassing some of the features of its highly popular iPod digital music player.
The stock rose to $87.90 in electronic trade, up from a Monday close of $86.47 on the Nasdaq.
On Monday, analysts said chip maker Broadcom Corp. (BRCM.O: Quote, Profile, Research) was likely to supply chips for the cell phone that Apple could launch in early 2007. Broadcom shares were up at $37.15 before the bell, up from a close of $37 on the Nasdaq on Monday.
Source: Reuters.com
The stock rose to $87.90 in electronic trade, up from a Monday close of $86.47 on the Nasdaq.
On Monday, analysts said chip maker Broadcom Corp. (BRCM.O: Quote, Profile, Research) was likely to supply chips for the cell phone that Apple could launch in early 2007. Broadcom shares were up at $37.15 before the bell, up from a close of $37 on the Nasdaq on Monday.
Source: Reuters.com
Labels: AAPL, Apple Computer, BRCM, Broadcom, Nasdaq
posted by Stock Administrator @ 4:54 PM
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