Apple Inc (AAPL) $212.97 +1.88%

| December 28, 2009 | 1 Comment More

Apple Computer (AAPL) Jan 220 and 210 call options are the most actives early Monday, with 11,750 and 9,500 traded, respectively. Shares hit a new 52-week high of $213.95, but have since come off their best levels on Tech Tracker reports iPhone’s are not available in New York. Visitors to AT&T mobile webstie enter a New York zip code and the iPhone does not appear. According to Tech Tracker, “We have called some NY Apple stores and they do state that they are selling them, so apparently this is an AT&T only thing. Plus, From AT&T Media Relations: “We periodically modify our promotions and distribution channels.” We have asked whether AT&T stores in New York are selling them but we were told that they are not going beyond their comment.” — Link to story.

Category: All Stocks, Large Cap Stocks, Technology Hardware & Equipment

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  1. fredruffy says:

    Someone points out, correctly, that the early strength in AAPL is probably tied to:

    From Reuters, “Thomas Weisel Partners raised its price target on the shares of Apple Inc to $250 from $245 and upped its first-quarter adjusted per-share earnings estimates, saying December sales for iPhones and iMacs were tracking ahead of expectations.”

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About the Author (Author Profile)

Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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