Apple ends up with a huge pile of cash, assisted by huge sales in October-December quarter – Part 2
Wednesday, January 25th, 2012 6:39:21 by Usman KhalidI’m not sure what Apple will actually do here, but you can bet that Apple’s fairly brief comments on the matter on the call are going to trigger a whole new round of speculation on what to do with the money.
AAPL in late trading is up $33.15, or 7.9%, to $453.56.
Many experts expect that 2012 will mirror the performances of last year, as a host of new products are in the line to be released, most probably starting from March. The new editions of iPad and iPhone are awaited this in the second and third quarter whereas new Macbooks might come according to the situation as no specific timeline has even been sketched by the company.
The tablet, according to some resources, is scheduled to arrive in two faces. The first sibling might show up in March and second might come in the latter half of the year.
The iPhone, most probably iPhone 5 is expected to be totally revamped with new and powerful LTE-4G technology incorporated in the smartphone. However, the new device will not emerge at the horizon until August or September.
With the release of these new devices, the company is expected to make huge sales in this year. There are speculations that Apple might release a new television at the end of 2012 or at the start of 2013.
Tags: Apple, cash, holiday season, ios, ipad, iPhone, ipod, Wall Street
Short URL: https://www.newspakistan.pk/?p=10508