Focus Stocks
Apple Jumped on New iPods Redesigns and a New Apple TV
Published on Wednesday, 01 September 2010 22:56 Written by Christian Paolinetti
New York, September 1st (Tradershuddle.com) – Shares of Apple (NASDAQ:AAPL) jumped close to 3% to $250.33 on the day the company unveil its new iPod lineup, a new iTunes version and a redesign Apple TV.
At the media event, the company presented a revamped iPod Touch, which includes FaceTime, for video conferencing, Retina Display, and HD video recording capabilities.
Apple also unveiled a new redesigned iPod nano and iPod Shuffle. The nano, has a smaller design and clip on and multi-touch capabilities. For the Shuffle, Apple acted on consumer feedback and returned the controls to the unit, instead of the headphones.
Apple also unveiled its latest attempt to create a blockbuster product that will conquer the TV viewing experience, its latest version of the Apple TV, will offer wireless streaming of video, music and pictures from your home computer, iPhone, and iPad, it will also allow HD movie rentals for $0.99 using the Netflix (NASDAQ:NFLX).
Finally, Apple unveiled the iTunes 10, which it now features Ping, a new social network for music that lets you follow your favorite artists and friends to discover what music they’re talking about, listening to, and downloading. With Ping you can post your thoughts and opinions, your favorite albums and songs, and the music you’ve downloaded from iTunes — plus view concert listings and tell your friends which concerts you plan to attend.
Apple continues to dazzle consumers with new redesigns, the company is clearly letting the investment community that there is so much growth opportunities, which the company can capitalize thru innovation. Apple will look to have the must have product for the holidays and will look with its Apple TV, at a $99 price point to create another blockbuster product for the most valuable technology company in the world.
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