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Apple (AAPL) roundup: 1) The iPhone 5 models meant for China Unicom (CHU) and China Telecom's...
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Thursday, November 29, 2012, 8:29 AM ETApple (AAPL) roundup: 1) The iPhone 5 models meant for China Unicom (CHU) and China Telecom's (CHA) networks have received the final clearances needed from Chinese regulators. CHA has already begun taking pre-orders. 2) A Dutch court has ruled some older Samsung hardware infringes Apple's rubber-banding patent, recently invalidated by the USPTO. 3) The delayed iTunes 11 might finally arrive today. 4) With the completion of its new spaceship-like Cupertino HQ pushed back to 2016, Apple is building a new campus in nearby Santa Clara.
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My humble prediction: Stock breaks 600$/share today, tests level, and then retreat a little under the 600 mark (597-600,) and tomorrow go up above 600 and stabilize.
Key thing to watch when market opens: breaking 2nd level resistance at ~594.
I am very optimistic on AAPL's growth prospects, especially for the coming quarter results.