rumor mill surrounding the company has been driven into a feverish
pace. If the torrents of leaked information are to be believed,
the company is preparing to unveil
a new tablet device that is a cross between the best parts of its
laptops and the iPhone/iPod Touch.
Apple has reportedly
rented a space at an arts center in San Francisco in January.
Given the company's history of elaborate launch events for its star
products like the iPhone and iPod, many are speculating that the
rented space will be home to the big product announcement for the
long-rumored tablet. Given that Apple no
longer sponsors the expensive MacWorld show, held each January,
that conclusions seems a bit more logical.
A mix of the tablet
rumors and pleased shareholders sent investors rushing "back to
the well" as Brian Marshall, an analyst with Broadpoint AmTech,
Having made sizable gains on Apple stock over the year, investors
returned to the cash cow, sending shares soaring to a record high --
$213.70, currently, on a volume of 425,330 shares.
frosting on the cake for investors that a tablet has been widely
predicted by Marshall and other
investment analysts. Those analysts point to contacts at
hardware suppliers in Asia, which have reported sizable orders on
large touch screens from Apple -- perfect for a tablet.
market capitalization currently sits at $182B USD, more than its
rivals Dell Inc. and Hewlett-Packard Co. combined. While Apple
sells less computers than the pair (it typically fills in third place
on the monthly sales charts), its sales have been growing faster and
it also has stronger profit margins and a lucrative revenue stream
from mobile electronics. Dell is currently worth $28B USD,
while HP has an estimated market capitalization of $124B USD.