“U.S. stocks rallied the most in two months after Wal-Mart Stores Inc.’s profit beat analysts’ estimates and Goldman Sachs Group Inc. said it doesn’t plan any significant writedowns on mortgage-related assets,” Michael Patterson reports for Bloomberg.
“Apple Inc. led the Nasdaq Composite Index to its biggest gain in four years after China Mobile Ltd. said it’s in talks to sell the iPhone in China,” Patterson reports. “The Nasdaq Composite Index added 89.52, or 3.5 percent, to 2,673.65.”
“Apple rallied $16.20, or 11 percent, to $169.96. A deal with China Mobile will give Apple access to a market with more mobile-phone users than the combined population of the European Union. Separately, AppleInsider reported that the company will unveil a new notebook computer at its annual Macworld Expo in January,” Patterson reports.
“Adobe Systems Inc., the biggest maker of graphic-design software, retreated $1.33, or 3.2 percent, to $40.86 for the second-biggest drop in the S&P 500. Chief Executive Officer Bruce Chizen unexpectedly resigned. Shantanu Narayen, currently Adobe’s president and chief operating officer, will replace Chizen,” Patterson reports.
Full article here.
Related articles:
Analyst: Apple to debut flash-based ultraportable Mac in January – November 13, 2007
China Mobile in talks with Apple to bring iPhone to China – November 13, 2007
RUMOR: Ultra-thin, ultra-light Apple Mac subnotebook coming in January – November 12, 2007
RUMOR: Ultra-thin, ultra-light aluminum subnotebook coming soon from Apple – September 22, 2007
Apple selling Macs at record pace, could hit 2.35 million Macs this quarter; Mac subnotebook coming – September 21, 2007
RUMOR: Ultra-thin, ulra-light MacBook Pro coming from Apple by year end – July 10, 2007
RUMOR: Apple’s forthcoming ultra-portable sub-notebook to get 13-inch LED backlit display – May 12, 2007
RUMOR: Apple’s lightweight, ultra-portable, ultra-thin MacBook coming 2nd half 2007? – April 28, 2007
” width=”19″ height=”19″ alt=”grin” style=”border:0;” />
$
Apple is always in the lead!!
jaysus!
.
speculation
.
talk is cheap
.
the Chinese won’t buy a expensive phone that they can (already have copied) make themselves
I feel like a Duncan Yo-Yo!
%-\
Can I hear an AMEN?!?!?
moron
.
stay off the boards
.
you shouldn’t comment on things about which you’re ignorant
What about the new Zunes?
Your potential. Our passion.™
What about the new Zunes?
I dropped a brown Zune in the bowl a little while ago!! Is the corn an optional accessory?
Who led the largest loss on the Nasdaq in the last four years and when did that occur? Was it appl? Was it within the last week? Why did it fall? Why did it rise? Did market fundamentals change before the fall? Did market fundamentals change before the rise?
The fall was just a mechanism for some people to make a little money. Like me. I bought a few more shares.
On the up side, it took over 3 days for AAPL to lose 20% of it value and only 1 day for it to regain more than 10% of its value.
By the end of tomorrow, AAPL will probably be back to the high it made a week ago. And then the push is on to $200!!!
Go AAPL!!!!!
Hard to copy the iphone (software) and get it right.When 3rd party apps comeout to fill in where Apple decided not to venture, then the iphone should become well entrenched and ballmer will be tossing some serious chair.
Hard to copy the iphone (software) and get it right.
Getting a copy right never stopped anyone (ahem MS & China).
Don’t worry. Some lead-painted, POS iPhone knockoff will be on Wal-Mart shelves everywhere soon enough.
It won’t work and there’ll be zero tech support, but by God it’ll be cheap!
The drop over the previous days was engineered by Wall Street to sucker the weak minded retail traders into panic selling of AAPL. It worked as it usually does. Today, Wall Street firms fattened up their portfolios with AAPL at a bargain basement price.
…And ten years ago, some would announce: Apple is dead!
😀
Some of those have still not understood and are still zuning around with that poor vista berk! ;D ;D