Tue
25
Sep
Shares of electronics maker Apple Inc. rose sharply in early morning trading on the Nasdaq stock market after an analyst for CitiGroup said the company is likely to beat current quarter Mac sales estimates and continue to see a rise in gross margin.
Best Buy Co. (BBY) said it plans to expand the number of in-store Apple (AAPL) stores to 270 by year end, from about 200 currently. Best Buy was very pleased with the partnership and will consider expanding the store program even more in the future. Apple products, including the iMac and new music and video products, are helping to boost customer traffic in stores and adding to sales.
Technorati Tags: iMac, new iMac, iMac 24″, iMac 20″, iMac photo, iMac dimension
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Tuesday, September 25th, 2007 at 12:07 pm
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