Apple Roundup: iPhone, iPad, iPod
NEW YORK (TheStreet) -- Apple (AAPL) news never slows, and today we get reports on a new iPhone, a new iPad and a lawsuit.
Tech blog Digitimes reports that Apple supplier Pegatron Technology has supposedly landed orders for Apple's new iPhone, as well as another iPad, which is going to be launched in the fourth quarter. Apple just recently started selling the new iPad, so an even newer version doesn't make sense. Perhaps that is when production will start.
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Rumors of a September or October launch for the new iPhone might turn out to be true, as Apple released the iPhone 4S in October, and made comments in its second-quarter earnings call that third-quarter revenue guidance was lower than Wall Street expected, presumably to focus on a new iPhone.
Apple blog AppleInsider reported iPod customers started receiving notice this week that they are part of a class-action lawsuit against Apple, which says iTunes was a monopoly.
Members of the lawsuit are those who purchased an iPod classic, iPod shuffle, iPod touch and iPod nano between Sept. 12, 2006 and March 31, 2009. Shares of Apple are lower in Wednesday trading, off 1% to $562.25. Interested in more on Apple? See TheStreet Ratings' report card for this stock. Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices. --Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_BullSelect the service that is right for you!
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