Apple stockholders get record high for Christmas

On rumors of a January Apple tablet unveiling, the company's stock closes as an all time high Thursday of $209.04, up 3.43 percent.

Tech stocks typically have to break significant price milestones or have dramatic dips to make CNET's news story queue. Likewise, we try not to hop on the Apple rumor bandwagon unless there's something credible or/and novel to report.

But being as it's Christmas Eve and all, we'll go out on a limb and offer you this nugget anyway. Apple's stock closed Thursday at an all time high of $209.04, up 6.94 points (3.43 percent) in a shortened day of trading on unconfirmed rumors that the company might unveil a long-awaited portable tablet computer next month.

The Apple blogosphere went wild Wednesday following several reports that the company told some of its key developers to prepare versions of their iPhone apps that will work on a device with a larger screen, in time for an event next month.

And Financial Times cited "people familiar with the plans" saying that Apple has booked the Yerba Buena Center for the Arts in San Francisco "for several days in late January." That's the very venue where Apple CEO Steve Jobs made his first public appearance in September following his medical leave.

For what it's worth, Piper Jaffray analyst Gene Munster also said in a research note Wednesday that there's a 50 percent chance Apple will announce a tablet at a January event.

About the author

Michelle Meyers, associate editor, has been writing and editing CNET News stories since 2005. But she's still working to shed some of her old newspaper ways, first honed when copy was actually cut and pasted. When she's not fixing typos and tightening sentences, she's working with reporters on story ideas, tracking media happenings, or freshening up CNET News' home page.

 

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