Apple after the bell 10/26/06: iPhone patent details revealed?

Posted Oct 26th 2006 5:53PM by Tobias Buckell
Filed under: After the Bell, Rumors, Products and Services, Apple Inc (AAPL), iPhone

Apple Computer, Inc. (NASDAQ: AAPL) ended the day up 51 cents, 0.62%, finishing at $82.19. The stock is basically holding steady, which, I have to admit after covering Apple since our launch, is always a bit unusual. Apple always seems to have dramatic swings, and a few days of moderate steadiness is like a calm before whatever the next major storm is.

The Dow Jones Newswire has a scoop on a multi-functioning device patent that some think could be the iPhone. It could also just be the next touch-sensitive iPod, so don't start getting too excited. Lots of rumors, little substance.

Tags: apple, iphone, ipod

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Reader Comments (Page 1 of 1)

10-27-2006 @ 8:51AM

Gregg Thurman said...

Only the casual observer would think AAPL is "basically holding steady". Since earnings AAPL's daily low has climbed each day. In fact AAPL's trading is rather predictable, as opposed to "dramtic swings". Again the observation of a casual observer. I'll go so far as to forecast AAPL's trading high and lows for Oct 27 as (high) 83.30, (low) 81.60.