This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple Sends Invites for Product Launch

Updated from Monday, Jan. 18 Apple (AAPL - Get Report) reportedly is inviting reporters to an event in San Francisco on Jan. 27 amid speculation that it's preparing to unveil a tablet computing device.

The email invitation says, "Come see our latest creation," according to a report published Sunday on The Wall Street Journal's Web site.

An Apple representative declined to comment, according to the report.

Although Apple has never confirmed it is planning a tablet-style device, rumors and reports about such a product have been a hot topic in the technology world for some time.

Earlier this month, the Journal, citing anonymous sources briefed by Apple, reported that the company would announce a multimedia tablet device later in January and that the company planned to begin shipping the product in March.

Given Apple's runaway success with the iPod and iPhone, the company's fans and some journalists have gushed that a tablet device will be a big hit.

But there's also plenty of skepticism about whether there's a sizeable market for a computing device that falls somewhere between a smartphone and a notebook computer, especially as consumers are using more portable smartphones to do more of their computing tasks.

The Journal also reports that HarperCollins Publishers, a unit of News Corp. (NWS - Get Report) is in discussions with Apple to make enhanced electronic books available on Apple's new tablet device.

Details weren't yet ironed out whether Apple would sell HarperCollins titles via its existing iTunes store or through a new e-book store. Meanwhile, other publishers also have met with Apple, sources told the Journal.

Apple shares closed Friday at $205.93.
This article was written by a staff member of

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.69 -0.59%
INTC $30.05 0.50%
NWS $13.14 3.20%
FB $119.49 1.43%
GOOG $711.11 1.40%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs