Thursday, July 26, 2007

Apple jumps with earnings, upgrades

(Reuters) - That triggered a strong rise in the stock in early trading Thursday, with shares up $10.49, or 7.6 percent, at $147.75 on the Nasdaq. Apple's shares had already jumped 62 percent since the start of the year, when Chief Executive Steve Jobs unveiled the iPhone.




Combining a wireless phone, Web browser and media player that offers service over AT&T Inc.'s mobile network, the iPhone is Apple's attempt to build a third product line that will equal its computer and iPod businesses. It went on sale on June 29.


Read more at Reuters.com Hot Stocks News

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