A New Year, a New Record and a New Problem for Apple

Hopes that Apple would close out 2009 with a resounding bang were dampened somewhat with Tuesday’s news that Nokia is widening its patent lawsuit against the company. It sent Apple’s share prices down from Monday’s record high closing of $211.61 to $209.10 at close Tuesday, a slip of

about 1 percent. Monday’s prices had been buoyed in part by the news that iPod touch owners downloaded 172 percent more apps from the iTunes App Store than iPhone owners did on Christmas day; iPod downloads usually hover well below those going to iPhones.

[Source] Richard Adhikari

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