ADVFN - Advanced Financial Network.
HOME» NASDAQ » A » AAPL Stock Price » AAPL Stock News

Apple Share News

 Apple Inc. (mm) Stock Price
AAPL Stock Price
 Apple Inc. (mm) Stock Chart
AAPL Stock Chart
 Apple Inc. (mm) Stock News
AAPL Stock News
 Apple Inc. (mm) Company Information
AAPL Company Information
 Apple Inc. (mm) Stock Trades
AAPL Stock Trades

Apple to Release Latest iPad in China

Apple Inc. (AAPL) plans to release its third-generation iPad in China on July 20 as the global tablet market sees entry from fresh competitors. Prices for Apple's device will range from $499 to $829, depending on memory capacity. An Apple device compatible with China Unicom's (CHU, 0762.HK, K3ID.SG) mobile network in May received a network access license, a regulatory website showed, suggesting Apple was close to being able to sell its new iPad in China. China is Apple's second-largest market behind the U.S., but the company has been slow to release the new iPad, which has already come out in most developed countries and many other developing countries including Venezuela and Malaysia. The company didn't offer a reason for the slow release, but some have argued it is linked to an ongoing lawsuit between Apple and Hong Kong-based Proview International Holdings Ltd. (0334.HK) and its subsidiaries over the trademark of Apple's iconic tablet computer. Apple sold 11.8 million iPad units in its most recent period, more than double from a year earlier. Apple began selling the third-generation iPad in March in the U.S., the first major product launch for Apple since the latest iPhone went on sale in October. Apple had said it sold a record 3 million iPads in the product's first weekend of sales. Apple reported in April its fiscal second-quarter profit jumped 94% as the consumer electronics giant reported strong sales of its iPhone and iPad products. Apple's competitors have recently entered the tablet arena in a battle for market share. In June, Google Inc. (GOOG) unveiled its Nexus 7 tablet, which will feature Android mobile-software, a seven-inch screen and camera. The tablet is available for $199, significantly less than the cheapest-available Apple iPad and on par with Amazon.com Inc.'s (AMZN) Kindle Fire device. Earlier that month, Microsoft Corp. (MSFT) unveiled the first tablet computer the company has ever made, indicating a strategy shift for the technology giant. The Surface tablet will run Microsoft's coming Windows 8 operating system on company-made hardware. Pricing and availability are not yet announced. Shares of Apple rose 0.7% to $618.08 in recent premarket trading. The stock is up 52% this year. Greenlight Capital Inc. President David Einhorn, in an appearance on CNBC on Tuesday, said Apple is "substantially undervalued" and that his hedge fund expects to continue to hold the stock "for a good while longer." Write to Victoria Stilwell at Victoria.Stilwell@dowjones.com

Stock News for Apple (AAPL)
DateTimeHeadline
09/30/201401:50:44JAL Customer Data Target of Cyber Attack
09/29/201416:48:43MARKET SNAPSHOT: U.S. Stocks Recover From Session Lows
09/29/201413:02:07MARKET SNAPSHOT: U.S. Stocks Lose Ground; Treasurys Gain
09/29/201411:33:51EU to Publish Details of Tax Probe Benefiting Apple, Fiat on...
09/29/201410:06:54MARKET SNAPSHOT: U.S. Stocks Slide; Government Bonds Gain
09/29/201409:33:27MARKET SNAPSHOT: U.S. Stocks: Futures Slide, Dollar Hurts Equities
09/29/201408:33:32MARKET SNAPSHOT: U.S. Stocks: Futures Drop On Hong Kong Unrest...
09/29/201408:18:27EU to Publish Details of Tax Probe Benefiting Apple, Fiat on...
09/29/201407:17:56EU to Publish Details of Tax Probe Benefiting Apple, Fiat on...
09/29/201406:35:20MARKET SNAPSHOT: U.S. Stocks: Futures Fall Amid Hong Kong Unrest...
09/26/201417:14:19U.S. Stocks Rise Sharply
09/26/201416:59:13MARKET SNAPSHOT: U.S. Stocks Stage Friday Rally But Close Week...
09/26/201415:22:50U.S. Stocks Bounce Back
09/26/201414:50:20BlackBerry Posts Smaller-Than-Expected Loss -- 2nd Update
09/26/201413:18:37U.S. Stocks Remain Higher
09/26/201411:55:15U.S. Stocks Rebounding After Rout
09/26/201410:28:54U.S. Stocks Higher in Morning Trade
09/26/201410:21:15MARKET SNAPSHOT: U.S. Stocks Edge Higher; Nike Rallies
09/26/201409:08:42MARKET SNAPSHOT: U.S. Stocks: Futures Higher After GDP Data
09/26/201408:41:08MARKET SNAPSHOT: U.S. Stocks: Futures Looking Up Ahead Of GDP...

Apple Computer and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad