Here are your Apple news items and rumors for Tuesday: Apple Hits $420, Keeps
Climbing: The third week of September is proving positive for Apple (NASDAQ:
AAPL ). Shares in the Cupertino, Calif.-based company hit an all-time high
Monday, closing above $410. By mid-morning Tuesday, shares showed no signs of
slowing, trading above $420 as of this writing. A number of journalists and
analysts have been projecting that Apple will hit $500 in the not-too-distant
future . If the stock continues to maintain this fevered interest up to when the
iPhone 5 is announced and then released this fall, $500 seems like an
all-too-attainable price target. Apple Customers Officially Satisfied: The
American Consumer Satisfaction Index released its annual consumer approval of
computer manufacturers survey Tuesday. After eight years sitting atop the list,
Tim Cook probably was a little nervous that Apple might get knocked down a peg,
what with the iPad and iPhone selling so poorly around the world. Wait a second!
The iPad and iPhone have been breaking sales records on a quarterly basis for
over a year now! Then its no surprise that Apple took the ACSI surveys top
honor. The company earned an all-time high score of 87 points out of 100. Its
nearest rival, Hewlett-Packard (NYSE: HPQ ), scored 78 points. Survey Says
Back-to-School Season is Mac Season: A Monday report in Fortune (via TUAW )
reprinting details from a new Hudson Square Research survey said Apples Mac
laptop and desktop computers are booming during the back-to-school season. Of
the 158 students surveyed across eight colleges in the U.S., 60% have purchased
an Apple-made computer in the past three months. Just 38% purchased Macs during
the same period in 2010. Hewlett-Packard came in second with 14% of purchases.
Sony (NYSE: SNE ) and Dell (NASDAQ: DELL ) pulled in a respective 6% and 3% this
year. As of this writing, Anthony John Agnello did not own a position in any of
the stocks named here. Follow him on Twitter at
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