New and Noteworthy: Rumors flying hours before Apple introduction; Investors sour on Apple
New and Noteworthy: Rumors flying hours before Apple introduction; Investors sour on Apple
Rumors flying hours before Apple introduction The BBC has a round-up of rumors concerning todays announcements from Apple. "Rumour sites such as Think Secret have swung back in favour of the video iPod after previously suggesting it might be new Power Mac and Powerbook computers. Also weighing in have been on gadget sites such as Gizmodo and Engadget. Speculation has been rife about the final form of the video iPod if it is being launched on 12 October. The video iPod is rumoured to be thinner than the 60GB version of the portable media player that has a large, high-resolution colour screen, room for which is made by a shrunken click wheel. Rumour-mongers expect that, alongside the video iPod, will go the creation of a video version of iTunes that gives people something to watch on their player." More.
Investors sour on Apple Despite record results for the fiscal fourth quarter, reported yesterday, investors are sending Apple's stock on a downward slide along with the rest of the tech industry. CNN reports "Shares of Apple were off $4.24, or 8 percent, to $47.35 in pre-market trading on Inet early Wednesday. Art Hogan, chief market analyst at Jefferies and Co., said that while Apple's numbers were clearly strong on a year-over-year comparison, the report did start to raise concerns about there being a slowdown in consumer spending heading into the all-important holiday shopping period." More.
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