“Apple Inc. shares rose more than 5 percent on Wednesday on growing expectations that the company will announce a revamped line of iPods next week,” Franklin Paul reports for Reuters.
“Technology news Web sites have speculated that Apple could launch a new video iPod with a large touch screen similar to the iPhone, and a redesigned iPod nano in time for the end-of-year holiday shopping season,” Paul reports.
“Others also suggested that Apple may announce a deal for its iTunes online music store to sell albums from the Beatles, the last and biggest digital music hold-out,” Paul reports. “Apple has distributed invitations to a September 5 event in San Francisco, but did not say what it would be about.”
Full article here.
expectations should remain reasonable…..
I hardly think the Beatles will have any measurable change on Apples stock. If anything it’s the hope of new iPods.
Don’t think so
So did all the other tech stocks and most of the NASDAQ, e.g. Intel and Oracle had similar gains.
Also, a day earlier credit worries sunk them all significantly, and Apple the most (>4%). So actually this news helped some 1% maybe.
There might be some profit taking from people who gained yesterday… or there might not be. Who the heck knows anyway what the market will do? It has been very volatile lately.
I am still waiting for the next..
“Apple shares hit a new all time high…”
“the Beatles, the last and biggest digital music hold-out”
What about Metallica?
Having the Beatles on iTunes won’t be of big economical, but symbolic significance because of their iconic status in pop music and the feud-filled history between the two Apples.
Ok now it’s up another 2% on top of the 5% yesterday.
That is 3% above the line
Eventhough Dull is up same amount, this is more like it. Oracle and Intel are lagging today
@Yours Smugly
Surely you’re not suggesting that Metallica on ITMS would be a bigger deal money-wise than the Beatles? I think nyet. Once the Fab Four come on board, the biggest ITMS holdout will be Led Zeppelin.
Ye$$$$$$$$$
Umm, Metallica’s already in the iTMS. Where have you guys been?
The Beetles are moot at this point, Apple really doesn’t need them.
Anyone who has ever liked their music has already bought the c.d.’s or pirated it.
Sure they could come out with a DRM free, high quality iTMS versions, hidden tracks etc that could give them a sales boost….
Random Guy — Newsflash: The same number of Led Zeppelin fans give a whit about them being on iTunes as the number of Beatles fans care about the Beatles — ZERO!
Any fans of this music already own it. Any new to it probably won’t “discover” it on iTunes either.
As if it’s worth discovering anyway.
More movies. The current number of movie offerings on the iTS is pathetic. The pricing could be better too.
I blame the studios. And Karl Rove, of course.
Led Beatles: “Any fans of this music already own it. Any new to it probably won’t “discover” it on iTunes either.
As if it’s worth discovering anyway.”
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You might be surprised there Leddie boy, at the number of up and comers who are now just discovering the likes of the Beatles and Led Zeppelin. For example, my 17 year old son who listens to almost nothing else except 70’s classic rock.
And guess what: These younguns don’t buy physical CD’s!! They download their shit…….
Have people thought that this could be the iPhone launch in Europe or mainly the UK. The iPhone has cover flow.
Well I’m not interested in the Beatles or Led Zeppelin joining iTMS, I’m interested in AC/DC! wtf is taking so long???
Would be nice to see explanations on why apple stock dropped on a given day. The stock goes up $2 and you are all over it. It drops $10 and not a peep out of you.
When they put ALL of the The Stooges, 30 min short, on ITMS. THEN, you’ll see the stock shoooot up!
Super Video to iPod Converter has the easy convert almost all popular video formats to iPod Video.
http://www.vista-download.net/audio-video/ipod-software/