Apple Shares Climb Even Higher After Successful International Launch

Discussion in 'Apple iPad News' started by iDan, Jun 2, 2010.

  1. iDan

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    Staff Member

    Jan 17, 2010
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    Looks like that analyst who said the other day that the iPad might have a slow start in the UK might have been wrong after all. Well we all could have told him that anyway, of course! Just from doing my own quick research on the websites for PC World and Currys in the UK, it would seem that many stores nationwide have sold their entire iPad allocation, and I wouldn’t be surprised if all Currys and PC World stores in the UK are cleared out of iPads by the end of the week.

    Clearly Wall Street is also hearing very good things about the iPad’s international launch last week, as analysts are now falling over themselves to raise their estimates and price targets on Apple, according to Reuters, who today reported that shares of Apple climbed 3.3 percent to $265.40 in early afternoon trading on Nasdaq.

    By Maura Sutton,
    Source: Reuters

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