In The Zone

Apple Inc.- (APPL)

Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, as well as sells various related software, services, peripherals, and networking solutions.

The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells various third-party Macintosh, iPhone, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and various other accessories and peripherals through its online and retail stores, and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative customers. As of September 26, 2009, it had 273 retail stores, including 217 stores in the United States and 56 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.

There are rumors in the market that Apple Inc. will soon release a new tablet computer to the market place. Many feel that with the release of a new tablet computer the company will redefine the category. Tablet computers have been around for years but consumers have not payed them little or no attention. With the
advances being made in touch screen technologies, battery power as well as many other advances, Apple may be the dominant player to beat in the tablet computer business space in the near future.

If you can inter connect your i-pod your i-phone as well as many other devices to your Apple tablet computer it will be one of the most used devices ever. Apple already has a full line of sleek products that consumers love. Adding another product will only create huge demand. Apple ended the year slightly below an all time price high but from the outside looking in the stock has a lot of room to run higher. To end the last week of 2009 Apple Inc. ended the week trading at $210.73 up $1.69 or +0.81% on lighter than average upside volume of 66.15 million. The average weekly trading volume for the company is 84.63 million.

By: Marlin Rolle
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