Apple Inc Stock Rises On News of New iPod News

Shares in Apple Inc put on significant gains in early trading on the NASDAQ today.

The rise is due to news about new ipod from Apple and Apple shares are currently up $3.80 at $137.98.

The new ipod models could mean that possibly millions of ipod users will buy the upgraded new ipod digital music players which will be tremendously positive for the company.

So far this year, Apple shares have gained 55 per cent, but the release of the new ipod could mean that Apple posts a 100% gain by the end of the year.

Do you think the new ipod will mean the Apple stock posts a 100% gain by year end?

How will the new ipod affect the Apple stock price?

Source