Saturday, 26 December 2009

Apple stock soars to all-time high --

Santa arrived early for Apple Inc. shareholders: The stock surged $6.94, or 3.4%, on Thursday to close at a record high of $209.04. That topped the previous closing high of $207 on Nov. 17.

The buzz continues to build about the company's widely anticipated -- albeit unconfirmed -- tablet computer. The Financial Times reported that Apple has rented a stage at the Yerba Buena Center for the Arts in San Francisco in late January, most likely for a product announcement.

An Apple tablet, which some speculate might be called the "iPad," is expected to be a cross between the iPhone, with its touch-sensitive screen and numerous useful applications, and the Amazon Kindle reading device, with its much larger screen.

But as the Financial Times notes, "Apple has explored making tablet style devices for years, only to back off. The company also has a history of scrapping products very close to their scheduled launch dates."

Apple stock soars to all-time high --
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