Handango Inc.

Apple Tablet Fever Has Wall St. Temperatures Rising

by Richard Adhikari on Wednesday 20 January 2010


Apple’s share prices soared on Tuesday as media reports began to take it for granted that the vendor would launch its much-talked-about tablet Jan. 27. Apple shares closed at $215.04, up 4.42 percent from Monday’s closing price of $205.93. The market appeared to discount Apple’s entanglement in a legal thicket — Cupertino is embroiled in lawsuits with both Nokia and Kodak. Meanwhile, signs that Apple will improve its showing in the corporate market are emerging, which is yet another positive indicator for the company.

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