Apple stock soars on iPad mini, iPhone 5 news

Karen Haslam
1 August, 2012
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Apple’s NASDAQ shares rose 2.64 percent overnight from US$595.03 to US$610.76, most likely because of positive expectations for the Apple verses Samsung case and suggestions that Apple is planning a 12 September event to launch the new iPhone and the iPad mini.

News that Samsung’s evidence that Apple had copied Sony when designing the iPhone has been kicked out of court after Apple proved that it had designs for the iPhone dating back to 2005 is likely to have put many minds at rest.

Another factor affecting the share price is news that sixth-generation iPhone may be announced on 12 September.

A report emerged on 30 July claiming that Apple is planning to unveil its next iPhone at a special event on 12 September, alongside the iPad mini and new iPod nano. The claims have now been confirmed by several publications.

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