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Apple is widely expected to release a tablet PC in January that combines the best aspects of the iPod Touch/iPhone and the company's laptops. That anticipation has sent shares soaring to record highs.  (Source: Digital Living)
Apple's stock reaches a new high

While some companies have struggled to shake off their recession hangover, one company that certainly hasn't had that problem is Apple.  Following a brief lull in Mac sales, the company has posted strong iPhone and Mac sales as the year has progressed, along with better than expected sales of the veteran iPod brand.  The refreshed iMac even outsold any single PC model in October.

Now the 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, put it.  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.

It's 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.

Apple's 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.





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Again?
By ImSpartacus on 12/28/2009 10:24:25 AM , Rating: 1
Wasn't this same product expected earlier by Christmas 2009? And by September 2009?

How long are we going to hype about this thing?

I'm sure if Apple put a tablet out the door it would be a fantastic (albeit expensive) product, but there's a point at which you just have to stop getting everyone's hopes up.




RE: Again?
By teng029 on 12/28/2009 10:39:21 AM , Rating: 2
agreed, but it's a hype that is fueled mostly by the public. i think apple's stance on this (as in the past) is brilliant. all they've done so far in true apple form is deny everything or at least admit to nothing. so far, it's already increased the value of their stock.


RE: Again?
By ranger203 on 12/28/2009 11:12:29 AM , Rating: 3
Stop complaining and start cashing in! While a devout M$ user, I bought Apple stock month ago and have had a grin on my face ever since. You don't have to love a company's products to to make money off them (although I do luv my iphone, but don't own or plan to own a Mac). You just have to understand it is an investment. Apple might not sell as many products other companies, but the are a niche master!


RE: Again?
By omnicronx on 12/28/2009 11:37:10 AM , Rating: 4
You say this as though it is some kind of secret, I too have Apple stock really please.. This news has only brought the back to levels they were previously at. I bought some stock in early November for the same price (a bit lower actually) than what it was at the beginning of this month, and as it stands, its currently only a bit higher than it was a month and a half ago.

That being said, what happens if the tablet is a flop(heck analysts seem to expect great results, so even doing alright is a flop)? Both our stocks could end up losing money even though it was bought at a bargain.

Thats the stock market for you, pretending its all easy money will lead you to the edge of a building.


RE: Again?
By Omega215D on 12/28/2009 1:01:30 PM , Rating: 3
I've bought Apple stock when it was at $60 a share and held on to it ever since. I'm happy at the gains. I also bought some google at IPO and sold it off half when it reached $600.

Now let's see if this Apple Tablet will come to fruition... then I'll have to decide whether I'll be getting an IBM X200 tablet or the Apple provided it's at a decent price.


RE: Again?
By alifbaa on 12/28/2009 2:12:19 PM , Rating: 2
Actually, the analysts' models don't include any tablet sales, as the tablet is thus far only a rumor.

The only fact analysts are able to price in is that Apple said in its last quarterly report it planned a new product launch in early 2010. Apple did not say what they planned to launch, the rumor mill filled in the blanks.

Without a firm product along with Apple's cost and pricing plans, anyone offering an analysis based on the tablet is simply guessing. Of course, that doesn't preclude traders from speculating that the tablet exists and will be profitable -- perhaps even massively so -- and thus the stock has seen a $15 rise over the last two sessions.

The nice part of all this is that a good bit of Apple's current price is based on an Apple without the product we know is coming; whatever that product may be. Assuming it's profitable beyond the current level of speculation, Apple's price should rise further.


RE: Again?
By hiscross on 12/28/2009 11:39:39 AM , Rating: 2
When Apple ever say it even has a tablet ready to be announced or for sale? Answer: Never. Those dated you mentioned are made up and nothing more.


Who else...
By MrBlastman on 12/28/2009 10:59:38 AM , Rating: 1
Is with me in the category of:

*yawn* another stupid Apple product full of hype, fluff, broken promises and most of all, dumbed-down functionality?

I'll just move along since there is nothing to see here.




RE: Who else...
By amanojaku on 12/28/2009 11:08:51 AM , Rating: 2
Apple is like any other celebrity: if no one talks about it it just fades away. At this point I'm of the opinion that the OLPC folks will come out with their tablet first. It'll be funny if it's less than $500, too.

http://www.dailytech.com/OLPC+Updates+Netbook+Road...


RE: Who else...
By Abrahmm on 12/28/2009 11:23:22 AM , Rating: 2
I'm right there with you. It is absolutely ridiculous that the media actual advertises Apple products for them. The average consumer would have little to no interest in an Apple tablet, and would probably never hear or care about it if it weren't for the media's constant pestering of a product that hasn't even been announced, and hasn't even been seen. No one knows what it will be, yet somehow everyone does.

It's really sickening to see journalism turn into advertising. But the media will continue to feverishly cover this product, the masses of sheep will be convinced through repetition that they need this product and that Apple has once again revolutionized electronics(even though tablets have existed for a while), and the thing is going to sell great even though it will most likely have average hardware, be incredibly over-priced, and be completely locked down and crippled, just like every other Apple product. Sad.


RE: Who else...
By themaster08 on 12/30/2009 2:25:29 AM , Rating: 2
I couldn't agree more with you.

As usual, Apple take an already-done-a-thousand-times-before concept, add a few of their own perks (namely their logo), allow time for speculation (or rather free advertising) of which they completely deny just to stir things up. Then finally use their clever marketing techniques to lure in the masses who base their buying decisions upon what they see on the TV. The rest is done for them.

The media go crazy about it, the masses queue up in mile-long lines for hours and hours just to get their hands on one, developers jump ship with no encouragement from Apple themselves. It's quite ridiculous.

The iPhone is a prime example of that.

It really pisses me off as well, because developers are going out of their way to create quality apps for the iPhone, so the rest of us who didn't base our buying decisions on what we saw on the TV get left behind with half-baked, shoddy apps from the same developers. That's the main reason that Apple is gaining market share, and it's the only thing they advertise. Their app store.

Don't get me wrong, I'm not trying to criticise Apple's products, more the developers and the journalists who are doing Apple's job for them.


RE: Who else...
By omnicronx on 12/28/2009 11:30:24 AM , Rating: 2
While I don't really like the iPhone, I can see why so many like it and why its so popular, everyone these days needs a phone, and with the small price difference on a 2-3 year contract, its no wonder they are flying off the shelves. A tablet on the other hand is hardly considered necessity (not saying a phone is, but many people think it is), especially at the 1000 dollar price range.

I still wonder how they are going to pull it off, will it support iphone apps made for a HVGA screen? My guess is that this is harder than it sounds (just ask the android/winmo camps).

I just could never justify paying that much over an ultra portable netbook.


If I were an investor
By Chaser on 12/28/2009 2:52:19 PM , Rating: 2
And I saw what Apple did with the iPhone and iPod that no other competitor was able to do -at first- I'd be very interested in a new product.

Like Apple or not Apple has a way to marketing products that achieve mass appeal to the point where an obscure "techie only" product eventually becomes a household word.

Investors could be wrong. Investing is always a risk. But in this case "past performance" cannot be ignored.




Tablet PC
By vinayababu on 12/28/2009 7:57:57 PM , Rating: 2
It is unlikely that Apple will bring out a tablet PC as the one generally believed to be like, since Jobs him self has criticized the concept of net-book PC.If they come out with a new product now it could be something similar in concept but a different product




Please
By eddieroolz on 12/29/2009 2:45:24 AM , Rating: 2
Another day, another Apple tablet news.

If I'm not willing to pay $500 for a JooJoo, then what makes analysts think that I'll shell out double that for an Apple product?

Not sure why investors are making decisions on nothing but speculation, though. You'd think they're smarter than that.




"There is a single light of science, and to brighten it anywhere is to brighten it everywhere." -- Isaac Asimov













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