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Apple shares hit record high

  • Thread starter Thread starter Inahime
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Inahime

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Money
Home > Breaking News > Money > Story
Jan 20, 2010

Apple shares hit record high

NEW YORK - APPLE shares surged on Wall Street on Tuesday and closed at a record high after the company said it would host an event later this month expected to be the unveiling of a long-awaited tablet computer. Shares in the Cupertino, California company behind the Macintosh computer, the iPod and the iPhone gained 4.42 per cent and closed at an all-time high of US$215.04 after reaching US$215.19 at one point during the day. Apple announced on Monday it would hold a 'special event' in San Francisco on Jan 27 to unveil its 'latest creation'.

The company did not supply any further details about the event but Silicon Valley has been buzzing for months with rumors that Apple plans to release a touchscreen tablet computer that resembles an oversized iPod Touch. According to The Wall Street Journal, the color multimedia device will allow users to browse the Web, listen to music, watch movies or television shows and also serve as an electronic book and newspaper reader. A tablet computer would be Apple's first major product release since it came out with the popular iPhone three years ago. -- AFP


 
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Grace Chng
Editor, Digital Life


It’s confirmed!
January 19, 2010 Tuesday, 04:49 PM

Grace Chng says Apple will unveil its latest creation on Jan 27. <hr style="border-style: solid; border-color: rgb(204, 204, 204); border-width: 1px 0pt 0pt; margin: 15px 0pt; height: 0pt;"> IT'S confirmed. Next Wednesday (Jan 27) Apple will unveil its latest gizmo.

The e-mail invitation was simple: "Come see our latest creation" at the Yerba Buena Center for the Arts Theater in San Francisco.

It was the first thing I saw in my in-box this morning. My heart skipped a beat.

Is Apple finally unveiling the iTablet or iSlate? The tech world has been buzzing for months about a thin computing slab with a 10-inch touchscreen that lets people surf the Web to read the newspapers and e-books as well as watch movies.

A media frenzy will certainly happen at the Yerba Buena Centre, a stone's throw from the Moscone Convention Centre where this year's annual Macworld expo and Apple's Worldwide Developers Conference will be held in February and June.

I expect a great jostle since the Yerba Buena Centre can take fewer people than Moscone. So in anticipation of the crowd, Apple said clearly in its e-mail media invitation: Go early to register.

So what of the iTablet? What will it be? Will it alter the computing industry?

From all the online rumours and speculation, the iTablet will be more than an e-reader and a netbook. It is possibly a hybrid of the two devices that lets you curl up in bed to read your favourite Alex Cross novel or news magazine.

Or you can sit on a sofa to surf the Web. It is likely to have 3G and Wi-Fi capability to allow wireless transfers of and mobile access to online content.

For this new gadget in Apple's product family, I've two wishes.

First, that it will be available in Singapore when it hits the store shelves in US. Second that it will cost about US$800 (S$1,112). I hope it will cost closer to US$800 (S$1,112) than US$1,000 as most Apple observers seem to think.

This event will also be significant as it will probably see Steve Jobs in his first major public announcement.

The media present will not only be present to see the new gizmo but to see the legendary Mr Jobs who has been named by Fortune magazine as the CEO of the first decade of the 21st century.

To say the least, I'm excited to be present next Wednesday at the Yerba Buena Centre to see the debut of another Apple gadget that will alter the tech landscape.

Stay tuned next Wednesday (2am Singapore time) as I blog about the highly anticipated Apple launch.

Grace Chng has been present at all the new product debuts of Apple's key products in the last few years the iTunes online store to iPod and iPhone.



 
The company did not supply any further details about the event but Silicon Valley has been buzzing for months with rumors that Apple plans to release a touchscreen tablet computer that resembles an oversized iPod Touch. According to The Wall Street Journal, the color multimedia device will allow users to browse the Web, listen to music, watch movies or television shows and also serve as an electronic book and newspaper reader. A tablet computer would be Apple's first major product release since it came out with the popular iPhone three years ago. -- AFP

SELL before they release this new product....:D
 
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iTablet iSlate Mockup
Touch to Believe It

iSlateBelieve.jpg


06/01/2010 11.02.05 iTablet MacBookTouch Mockup
Coming aluminium...

macBookTouch2.jpg


06/01/2010 10.58.01 iTablet iSlate, iTablet, MacPhone...
The real question is... what's the name?


macPhoneOs.jpg



 
Quote me: I am betting against it for the next 10 to 20 years.:rolleyes:

Money
Home > Breaking News > Money > Story
Jan 20, 2010

Apple shares hit record high

NEW YORK - APPLE shares surged on Wall Street on Tuesday and closed at a record high after the company said it would host an event later this month expected to be the unveiling of a long-awaited tablet computer. Shares in the Cupertino, California company behind the Macintosh computer, the iPod and the iPhone gained 4.42 per cent and closed at an all-time high of US$215.04 after reaching US$215.19 at one point during the day. Apple announced on Monday it would hold a 'special event' in San Francisco on Jan 27 to unveil its 'latest creation'.

The company did not supply any further details about the event but Silicon Valley has been buzzing for months with rumors that Apple plans to release a touchscreen tablet computer that resembles an oversized iPod Touch. According to The Wall Street Journal, the color multimedia device will allow users to browse the Web, listen to music, watch movies or television shows and also serve as an electronic book and newspaper reader. A tablet computer would be Apple's first major product release since it came out with the popular iPhone three years ago. -- AFP


 
Tablet computer market to boom: Deloitte

<table border="0" cellpadding="0" cellspacing="0" width="789"><tbody><tr> <td colspan="3" height="26"> </td> </tr> <tr> <td valign="top" width="5"> </td> <td colspan="2" valign="top" width="784"> Tablet computer market to boom: Deloitte
Posted: 20 January 2010 0834 hrs
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Attendees test new tablet and notebook computers at the 2010 International Consumer Electronics Show.
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SAN FRANCISCO : Industry tracker Deloitte predicts the tablet computer market will boom this year with tens of millions of people deciding the notepad-sized devices are "just right" for their needs.

"This Goldilocks of devices - not too big, not too small - is expected to offer an appealing balance of form and function going forward," the market analysis firm said, referring to the well-known children's story.

Tablet computers "may turn out to be 'just right' for many users in 2010," Deloitte said.

The forecast bodes well for iPhone, iPod and Macintosh computer maker Apple, which is hosting a January 27 event here to unveil its "latest creation," which is hotly rumoured to be a tablet computer resembling an oversized iPod Touch.

The Cupertino, California-based company did not supply any further details about the invitation-only event to be held at 10:00 am Pacific time (1800 GMT) at the Yerba Buena Center for the Arts Theater in San Francisco.

According to various reports, Apple is poised to launch a colour multimedia device that allows users to browse the Web, listen to music, watch movies or television shows and also serve as an electronic book and newspaper reader.

Publishing powerhouse HarperCollins was reported to be in talks with Apple regarding providing digital literature for reading on a tablet device.

Apple's tablet is expected to have a 10- to 11-inch (25.4- to 27.9-centimetre) screen, slightly larger than typical devices on the market.

"With a new form factor and significant processing capacity, connected portable devices will likely be purchased by tens of millions of people in 2010," Deloitte predicted.

"Called Net tablets, or netTabs, these devices have an advantage over smartphones - which are small for watching videos or Web browsing - and notebooks, netbooks, and ultra-thin PCs, which are too heavy, or expensive."

Improvements in graphics, processing power, and wireless broadband Internet availability are making tablets more attractive, according to analysts.

A trend toward applications offered online as services such as Web-based email, video sharing, or spreadsheets add to the appeal of lightweight devices that serve as gateways to computing power hosted on the Internet.

"2010 is likely to see a proliferation of netTabs," Deloitte said, which noted that the devices will likely be a threat to tablets limited to single functions such as reading digital books.

- AFP/il


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Apple tablet computer expected at Jan 27 event

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Posted: 19 January 2010 0809 hrs
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The Apple company logo at the Apple store in New York.
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WASHINGTON : Apple announced Monday it would show off its "latest creation" in San Francisco later this month, an event expected to feature the unveiling of a long-awaited tablet computer.

"Please join Apple on January 27 for a Special Event," said a typically cryptic email invitation to journalists from the company behind the Macintosh computer, the iPod and the iPhone.

"Come see our latest creation," said the invitation, which featured colourful blobs of paint surrounding the Apple logo.

The Cupertino, California-based company did not supply any further details about the invitation-only event to be held at 10:00 am Pacific time (1800 GMT) at the Yerba Buena Center for the Arts Theater in San Francisco.

Apple used the same venue in September for an iPod event featuring the first public appearance by Steve Jobs after nearly six months of medical leave during which the Apple chief executive underwent a liver transplant.

Silicon Valley has been buzzing for months with rumours that Apple plans to release a touchscreen tablet computer that resembles an oversized iPod Touch and analyst Douglas McIntyre said the company now needs to deliver.

"Watch (Apple) shares drop 10 per cent if it is not the anticipated tablet computer and 15 per cent if Steve Jobs is not there with the tablet in his hand," McIntyre wrote on 247WallSt.com.

According to The Wall Street Journal, the colour multimedia device will allow users to browse the Web, listen to music, watch movies or television shows and also serve as an electronic book and newspaper reader.

The Journal said the Apple tablet will have a 10- to 11-inch (25.4- to 27.9-centimetre) screen and may begin to ship in March.

Apple routinely refuses to comment on products ahead of their release and - true to form - the company has ignored the rumours sweeping technology blogs, letting anticipation and speculation build.

The specter of an Apple "iTablet" or "iSlate," however, hovered over the International Consumer Electronics Show in Las Vegas earlier this month, with makers of tablet computers jockeying for a head-start in the marketplace.

Computer giant Hewlett-Packard was among the companies seeking to get a jump on Apple and Microsoft chief executive Steve Ballmer provided a glimpse on stage of an HP "slate" computer during an appearance at the annual gadget show.

But few companies generate the buzz of Apple and a tablet computer would be the company's first major product release since it came out with the popular iPhone three years ago.

"No consumer products company today even comes close to Apple's ability to generate hype, and then build market dominance on top of that hype," technology analyst Carmy Levy said.

"Apple's goal with its new tablet-based machine is very similar to what it set out to do when it entered the media player market with its iPod in 2001, and the smartphone market with the iPhone in 2007," Levy said.

"Specifically, the company wants to redefine a market where other companies have tried - and largely failed - to succeed," he added.

Levy said he expected the device to cost around 800 dollars while other analysts told the Wall Street Journal it may cost as much as 1,000 dollars.

Valleywag.com, a Silicon Valley gossip website, recently triggered Apple's ire by offering rewards of up to 100,000 dollars for proof that the notoriously secretive company has made a tablet computer.

Valleywag declared Apple the first winner of its contest after receiving a letter from the company's lawyers.

"We believe you and your company have crossed the line by offering a bounty for the theft of Apple's trade secrets," an Apple lawyer said in a copy of the letter posted online by Valleywag.

- AFP/il


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