Apple share price jumps on new iPod rumors
August 29th, 2007 Leave a comment Visited 47 times, 2 so far today
Apple share price jumps on new iPod rumors
Apple is scheduled to hold a media event on September 5 and the company is expected to launch a couple of new products.
Market analysts believe that Apple would be updating their iPod range of digital media players.
They can possibly launch a totally revamped iPod Video and launch some other players as well.
This rumor has helped the company gain at the stock market as its stock climbed $5.74 to $132.56 in early trading on the NASDAQ.
Goldman Sachs stated in a release: “The product announcement is likely to include a full line-up of revamped iPods with significantly greater functionality at current price points, including the much-anticipated full-screen video iPod.”
It would be interesting to see what the company has in store for us this coming September 5.
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