“Technology stocks started December on an upbeat note Thursday, as bellwether issues such as Intel Corp. and Apple Computer Inc. advanced, and the tech sector benefitted from broad-market approval of the latest retail sales and economic data,” Rex Crum reports for MarketWatch.
“Intel (INTC: $27.21, +$0.53, +2.0%) rose 42 cents, or 1.6%, to $27.10, after the world’s top semiconductor company said it would spend $3.5 billion to build a new chip-production plant in Israel. Bear Stearns analyst Gurinder Kalra said, in a research note, that he expects Intel to raise its revenue outlook when it gives a midquarter update on December 8,” Crum reports. “Apple (AAPL: $69.79, +$1.97, +2.9%) continued to stand out, rising $1.92, or almost 3%, to $69.73. Four Wall Street analysts this week have raised either their price targets or earnings estimates for Apple due to what is expected to be a strong quarter fueled by iPod sales.”
Full article here.
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And in honor of the new chip production plant in Israel, the host city will be renamed Tel a Viiv.
Ampar … pretty funny ….
badumpbump…
And the new Israeli chip code name? Oy Nah, of course!
Israeli chips will be pretty damn good at keeping out undesirables like spyware and adware. And will respond with swift retribution against any insurgents that slip through the defensive screens. Ah, the computing equivalent of the Israeli military.
Bye bye viruses.
Juden: That does make me wonder what OS Mossad uses.
Apple:
From “beleaguered” to “bellwether” in 10 easy years.
MacPhee: 10 years? How about 18 months!