In the Zone

AAPL - Apple, Inc.

Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. 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 third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and 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 markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.

Apple, Inc. is currently above all moving averages. Downside support is at $274.62 with upside resistance at 323.64. The stock ended the week trading at $320.56 +3.12 or +0.98% on lighter than average volume of 61.2 billion. The average weekly trading volume for Apple, Inc. is 90.14 billion. Please keep (AAPL) Apple, Inc. on your watch list for a continuation of upside momentum in the week ahead above $321.05. This is not a buy reccomendation for Randgold Resouces please do your own due siligence or get help from a professional before investing.

By: Marlin Rolle
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