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Tech Stock Alert: How Do You Like them Apples (APPL)?
Category: Investment, Technology
Ideas get bigger when you share them...
News about Apple Inc.
New York, New York - September 21, 2012 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors issues a trading alert for tech stock Apple Inc. (NasdaqGS :AAPL), trading at $704.60 , up 5.90 or 0.84% as of 11:43AM EDT as customers line up for blocks to get the new its iPhone®5.
The stock broke through another 52 week high , with today's trading range of 701.51 - 705.07 and the 52wk Range of 354.24 - 703.99.
Earlier this week the Company reported that pre-orders of its iPhone® 5 topped two million in just 24 hours, more than double the previous record of one million held by iPhone 4S. Demand for iPhone 5 exceeds the initial supply and while the majority of pre-orders will be delivered to customers on September 21, many are scheduled to be delivered in October. iPhone 5 is the thinnest and lightest iPhone ever, completely redesigned to feature a stunning new 4-inch Retina™ display; an Apple-designed A6 chip for blazing fast performance; and ultrafast wireless technology*--all while delivering even better battery life.**
"iPhone 5 pre-orders have shattered the previous record held by iPhone 4S and the customer response to iPhone 5 has been phenomenal," said Philip Schiller, Apple's senior vice president of Worldwide Marketing. "iPhone 5 is the best iPhone yet, the most beautiful product we've ever made, and we hope customers love it as much as we do."
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