Apple shares top out

Apple shares today reached an all-time high as the company steams into the busy holiday shopping season amidst lucrative analyst expectations. Forthcoming products from Apple in the spring of 2007 include Mac OS X 10.5 Leopard -- Apple's answer to Microsoft's new Windows Vista operating system -- as well as the launch of iTV, the Cupertino-based company's new media device designed to bring music as well as video downloaded from the iTunes Music Store into the living room via wireless networking. Industry insiders also expect the debut of an Apple-branded cellular handset in 2007, with some predicting a launch as soon as the first half of the new year. Yesterday American Technology Research senior analyst Shaw Wu revealed potential plans for a second Apple cellular phone that will likely integrate with iChat, and the company may unveil a new video iPod in the coming months. Further predictions include the arrival of revamped Mac mini systems followed by refreshed Mac Pro workstations utilizing Intel's forthcoming Clovertown quad-core CPUs, which are due to launch as early as the end of this year.

by MacNN Staff