Apple shares at new high on iPhone sales prospects
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Shares of Apple Inc. rose more than 4 percent to an all-time high on Thursday as investors bet on strong demand for its media-playing iPhone and speculation mounted over plans to sell the device in Europe.
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Shares of Apple Inc.  rose more than 3 percent on Thursday as investors bet on strong demand for its media-playing iPhone, almost a week after its U.S. launch, and speculation mounted over plans to sell the device in Europe.
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InfoWorld - Apple reported strong quarterly earnings boosted by record Macintosh computer and iPhone sales on Monday.
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Stocks rose on Wednesday as Apple Inc.  gained on positive brokerage comments about new iPod players, leading a rebound in technology shares.
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Blog: A quantitative estimate of Apple's weekend iPhone sales has been released, surpassing some of the more optimistic analysts last week.
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Shares of Apple Computer Inc.AAPL.O  rose more than 10 percent in early trade on Thursday, boosted  by its report that quarterly profit and revenue jumped on  robust sales of its iPod digital music players, and optimism  for results in the current quarter.
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Apple Computer Inc. shares rose as much as 6.5 percent after the company said fourth-quarter net income more than doubled on surging demand for iPods and forecast profit and sales this quarter that will beat analysts&#39; estimates.
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In the past three weeks, shares of Apple Computer Inc. have flirted with all-time highs after a wave of reports from investment houses like Piper Jaffray, Merrill Lynch and JP Morgan issued glowing projections about the Cupertino firm&#39;s future.
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Shares of Apple Inc. rose more than 3 percent on Thursday as investors bet on strong demand for its media-playing iPhone, almost a week after its U.S. launch, and speculation mounted over plans to sell the device in Europe.
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Apple Inc.  on Monday said the battery of its widely anticipated music-playing iPhone will last longer than expected, sending its shares higher.
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Apple Computer shares jumped to fresh four-year highs in the US overnight, as the popularity of its iPod digital music player spurred a Wall Street analyst to nearly double his price target on the stock.
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Apple Inc  beat Wall Street targets with a 67 percent rise in quarterly profit on Monday, led by strong sales of its Macintosh computers and a big first full quarter from the iPhone, sending its shares up nearly 6 percent.
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Apple Inc blew by analysts' estimates with a 67 percent rise in profit on Monday as the popularity of its iPhone and iPod boosted Macintosh computer sales, and its shares jumped 7 percent.
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Analysts are mulling over&#160;Apple&#39;s iPhone sales numbers&#160;and are alarmed at a perceived discrepancy in the figures.Apple claims slightly over 3.7 million iPhones were sold in 2007 -- yet&#160;AT&amp;T this week revealed&#160;it ended the year with &quot;just at or sightly under two million iPhone customers&quot;.That two million has been boosted somewhat by an estimated 300,000-400,000 sales in Europe, analysts believe.The discrepancy is that the 3.7 million iPhones Apple says it has sold and the estimated 2.4 million sold by its network partners still leaves 1.3 million of the devices unaccounted for.That implies that around one in three iPhones are being purchased in order to&#160;unlock the device&#160;for use on other networks and/or for use with unapproved third party applications.While it&#39;s possible some iPhones were sold over the Christmas period but not activated immediately as new users (perhaps) worked to cancel their existing mobile contracts, the discrepancy still implies an active market for unlocked iPhones.Apple chief operating officer Tim Cook told analysts this week that the company believes the number of unlocked iPhones in the wild to be &quot;significant,&quot; but declined to furnish accurate figures.Toni Sacconaghi of Bernstein Research cites these figures in order to claim a substantial market in unlocked iPhones, and speculates this news may also mean a build-up in iPhone inventory.&quot;It indicates end-user demand for iPhone is lower than many investors may think based on Apple&#39;s sales figure -- and it points to slower iPhone sales in the current quarter, since much of this inventory is likely to be drawn down,&quot; the analyst explains.Macworld.co.uk is an InfoWorld affiliate.
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SAN FRANCISCO  - Shares of Apple Computer Inc.  rose to an almost four-year high on Thursday ahead of the launch of Hewlett-Packard Co.'s  version of the iPod digital music player and Apple's revamped iMac computer.
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Shares of Apple Inc. hit a new all-time trading high Tuesday after an analyst speculated that the company would come out with a less expensive, smaller iPhone later this year.
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InfoWorld - Apple reported strong earnings for its fourth quarter on Monday, boosted by record Macintosh computer sales and the shipment of 1.12 million iPhones.