sex hikayeleri interior desing escort fethiye escort denizli porno hikaye kredi kartı borç sorgulama sitesi yayında ziraatbank borç sorgulama
August 18, 2012 12:00:00 AM
  Follow @ Twitter

Apple's stock price leaped to a new high on Friday amid rumors the tech giant is poised to hit the market with new versions of iPhone, iPad, and Apple TV devices.

Shares rose nearly two percent to $648.11 by the end of the formal trading day on the Nasdaq exchange, buoyed by a Jefferies investment bank analyst advising clients that the price could climb to $900.

The share price inched up to $648.85 in after-market trading.

The arrival of the iPhone 5 "will be the biggest handset launch in history," Jefferies investment bank analyst Peter Misek said in a note raising the target price for Apple stock and giving it a 'buy' rating.

Jefferies reasoned that Apple is positioned to take a significant portion of the profit to be generated by hot trends in smartphones, tablet computers, and gadgets linking to the Internet on latest-generation 4G networks.

The Internet has been abuzz with unconfirmed reports that Apple will introduce a new iPhone, perhaps with a larger screen, at a press event in September.

The Cupertino, California-based company is also believed to be readying a smaller version of its market-ruling iPad and a revamped Apple TV box, referred to unofficially as "iTV," that routes video or programming to televisions.

"We believe the iTV is in full production," Misek said.

Jefferies raised its forecast for iPad sales from 18 million to 25 million for the third quarter and from 22-25 million to 30 million for the final three months of this year.

Friday's surge in Apple's stock price demonstrated the powerful expectations for the next generation of gadgets from the culture-changing company, according to Wedbush Securities managing director of equities trading Michael James.

Investors also see promise in hot new Apple gadgets hitting the market in time for the year-end holiday shopping seasons, when the company's products typically shine, James added.

Apple has the largest market capitalization in the United States, with its stock giving it a value of about $602.25 billion.


Football Live

Nokia to unveil Windows 8 smartphone
Mars rover takes 'cool' detour: NASA

Bookmark and Share

PM discusses EU-Fiji relations in BrusselsThe growing role by the European Commission in Fiji’s socio-economic development dominated talks on Monday between Prime Minister Voreqe Bainimarama and the EC Commissioner for International Co-operation and Development Neven Mimica in Brussels.
Nakarawa wins PIPA awardsFiji and Glasgow Warriors lock Leone Nakarawa has won the Pacific Island Players Association (PIPA) 2015 Fijian Players' Player of the Year Award and the overall Pacific Island Players' Player of the Year Award.
BURGER KING enters Fiji marketWorld’s fastest growing quick service restaurant chain, BURGER KING has opened its first Fiji branch at the Nadi International Airport serving its world famous burgers at the new-look Departure Lounge.
Pope prays for peace in Syria, KoreaPope Francis prayed for a "political solution" in Syria and for "reconciliation" on the Korean peninsula in his first Easter Sunday message in front of a crowd in St Peter's Square.
Sam Smith releases extended version of hit albumSam Smith released In The Lonely Hour: The Drowning Shadows Edition - the extended version of his chart topping debut album containing a second disc of new and exclusive tracks this month.
Fiji receives ICT awardFiji’s efforts in harnessing its ICT sector has been recognised by the International Telecommunications Union and Prime Minister Voreqe Bainimarama yesterday received the ICTs in Sustainable Development Award in New York.