Wall Street Low-Balls Apple, Gets iPhone and China Wrong
Written by: James Rogers
Tickers in this article:
AAPL
Apple's performance was clearly boosted by the launch of the iPhone 4S in China in January and the addition of China Telecom as an iPhone partner in March. The iPhone 4S is now available in more than 100 countries and is sold via 230 carriers, according to Apple CFO Peter Oppenheimer.
Apple shares climbed $47.71, or 8.5%, to $607.99 today.
--Written by James Rogers in New York.
More Headlines
>To follow the writer on Twitter, go to http://twitter.com/jamesjrogers.
>To submit a news tip, send an email to: tips@thestreet.com.
Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices.