Sunday, August 19, 2012

Apple Hits All-Time High with iPad Mini Expectation

By GrabNetworks

Shares of Apple hit as high $645 and change on this peaceful Friday on the growing expectation of iPad Mini. The rumor of iPad Mini has been around for a few months, you have heard them, so did I. It's a smaller version of the iPad aiming to compete with devices like Nexus 7 and Kindle Fire. Not surprised its lineup will add a boost to Apple, but what moved the price today was a report with details on channel checking with Apple's supplier in Asia, confirming the tablet's release by year end. What's also on Apple 2nd half 2012 menu is the iPhone 5, which could be the largest handset launch in history. And possibly the 13in MacBook Pro with Retina Display. The 13in models are the best selling models for Apple, and if the Retina Display launches before the end of Nov to catch the year end shopping wave, Apple will get another boost that has not been priced in. Share with us what you think, you can send in your comments to our show or tweet us @FNNOnline. I'm Julia Sun, follow us online for more news on the go.


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