updated 03:20 pm EST, Fri December 29, 2006
Apple leads tech stocks up
Apple led technology stocks today as share prices rose to set the stage for three major indexes to end 2006 in the double-digit gains, according to a report from Reuters. Apple shares fell early yesterday based on fears that an investigation could implicate CEO Steve Jobs, but rebounded after Apple's 10-Q filing this morning concluded no wrongdoing on the part of current Apple management. Investor moods were likely further lifted on news that Apple's iTunes Music Store received 413 percent more visitors on Christmas day this year than last year, and that the Apple Store shoed an increase of 110 percent over the same period. Another report on Tuesday revealed that Apple held three of the top Amazon.com consumer electronics sellers this year among more than 4 million orders placed in just one day.