Monday, January 17, 2011
In the Zone
$AAPL - Apple, Inc.
Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers.
In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store.
The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.
Apple, Inc. ended the week trading at $348.48 up $12.36 or +3.68% on lighter than average upside volume of 64.22 million. The average weekly trading volume for Apple, Inc. is 91.37 million. Please keep Apple, Inc. on your watch list for a price move above $348.60 - $348.65 going forward.
The company will be having its first fiscal earnings report on Tuesday January 18 after the close of the stock market. This is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
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