Apple Inc. (NASDAQ: AAPL) Climbs on News
By BenzingaStaff3
November 12, 2009 11:59 AM
November 12, 2009 11:59 AM
Symbols: AAPL
Posted in: News, Intraday Update
Apple Inc. (NASDAQ: AAPL) keeps on supporting new product initiatives via acquisitions of smaller firms and as a result may considering buying Nintendo for its unique motion-sensing interface and its vast library of proprietary characters. But it still remains a doubt whether Apple would buy Nintendo as in the past Apple has only bought smaller companies.
Apple Inc. (NASDAQ: AAPL) also plans to improve pen-based input on iPhone and iPod and is investigating superior hand writing recognition through pen Apple tablet.
Apple is now trading at $204.40, up 0.55% on huge volume of 3.62 million shares. Apple gained over 146% so far in the current fiscal.
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