Skip to main content

Posts

Showing posts with the label holiday

Apple shares hit high for 2013 on holiday hope

Apple products are not only hot selling items this holiday, they are also popular online buying tools The first customer of the tablet iPad in an Apple Store in Amsterdam  Apple shares rose to the highest level this year as investors bet products like the latest iPads and iPhones will be hot sellers this holiday, helping the consumer technology giant kick-start earnings growth again. The stock climbed 1.9% to $556.07 Friday. Earlier in the day, it touched $594.59, a 2013 high. Apple unveiled two new iPhones earlier this year and more recently launched the new iPad Air and an upgraded iPad mini. The iPad mini was among top sellers at Walmart on Thanksgiving, while Target said the iPad Air was a hot item at its stores. On eBay.com, one iPad was selling every second as of midnight on Thanksgiving. "Apple products should be the holiday gift of choice this year," said Brian Marshall, an analyst at ISI Group. "The company has a great product cycle curr