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Apple Stock Jumps Because of September 12th Event?

Sep 7 2006, 1:50pm CDT | by

Apple Stock Jumps Because of September 12th Event?
 
 

Apple's stock just hit $73.36 that is almost 5% hike for today. Apparently the announced Apple event on the 12th of September is driving some fantasy into the stock.

Apple sent out invites for the September 12th event titled 'It's Showtime'. Of course rumors are going wild again what Apple is going to introduce. It will have most likely something to do with movie downloads. New iPods, or a movie streaming box for the living room or the damn iPod Phone or a car - who knows. Only 5 more days to wait.Next week will be interesting with the Apple event and the Nintendo Wii events taking place.
More about the new Apple event on MacRumor.
More details about the Apple stock performance and new buy rating by UBS in this AP story on Yahoo!.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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