Shares Jump on Expected Announcements

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Date: Monday, February 1st, 1999, 00:00
Category: Archive

Shares of Apple closed sharply up on Monday (+7 1/16) as anylsts predict new harware announcements from Steve Jobs during his keynote address at MacWorld Tokyo. A Reuters report quotes Merrill Lnych anaylst Steve Fortuna advising investors that:

“Jobs is likely to make some sort of announcements around new products (refreshed PowerBook or some kind of new appliance-class device),” and “We think Jobs may even use the opportunity to add some meat to Apple’s Internet strategy.”

Don’t forget to check in daily for all the breaking news and product announcements from Jason live at Macworld Expo Tokyo.

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