Sunday, November 14, 2010

Apple (NASDAQ: AAPL) Braces for Impact

Apple (NASDAQ: AAPL) braces for the holiday season where a slew of new customers and fans will be buying the latest products. Apple new iPod lineup should help customers refresh their iPods with new touch screen versions. The iPhone which has been selling extremely well and has even put Apple past Research in Motion (NASDAQ: RIMM) in terms of phone sales, will help the company boost quarterly earnings. This is the first holiday season that the iPad will be on sale. As Apple deploys the new product in various countries, investors just hope that the company can keep up with production.

Apple shares fell 2.72% in the last trading session. The stock trades approximately $13 off its all time high.

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