EnterpriseMobileToday PDAStreet

Home | News | Reviews | Features | Tips | Mobile Product Watch | Forums



Internet.com's premiere site for mobile managers and IT professionals is where wireless meets business. Our expert analysis and tips will guide you in buying, deploying, securing and managing mobile technology in the enterprise. You'll find strategic analysis, best practices, news, buyer.s guides and practical advice on how to evaluate and support a wide range of devices in the workforce.


PDAStreet.com > News > Apple Soars on Rumors of New Macs & New Math

Apple Soars on Rumors of New Macs & New Math

By Andy Patrizio
September 18, 2009

Apples ripen in sunshine, but Apple the company ripened thanks to some hot air. Rumors of new MacBooks, a target price upgrade and a lengthy and all together positive segment on CNBC stock picker Jim Cramer's TV show did wonders for the company's stock today.

Research firm Wedge Partners issued a note on Wednesday floating the belief that Apple (NASDAQ: AAPL) would release both new iMacs and new MacBooks "in the next several weeks." The firm expected the iMacs to be redesigned more than the MacBooks.

The firm expects "new, lower price points to drive demand and create a meaningful competitive threat" to the expected flood of new PCs loaded with Windows 7, which is due on October 22. Wedge Partners said it thought Apple could surpass three million units in Q4. It sold 2.6 million in its most recent quarter.

Get the full story here at InternetNews.com.

 
 Printable Version
 Email this Story to a Friend