Apple Stock Climbs After iPhone Ad Launch

· by · Apple Stock Watch

Appleis stock is on the rise following the release of three commercials that state the iPhone will be available on June 29. The stock closed on Friday at US$118.40, opened Monday at $118.65, and is already up over $120.

The three commercials, Never Been an iPod, How To, and Calamari, all show off iPhone features, but the most important news for many investors and consumers is at the end of each when Apple states the combination iPod and smartphone will be available on June 29.

The exclusive iPhone service provider in the United States is AT&T. Customers will, however, be able to purchase the smartphone through both AT&T and Apple.

Apple Stock is currently trading at $120.61, up 2.21 (1.87%).

Jeff Gamet

Jeff Gamet

Jeff is the Mac Observer's Managing Editor, and co-host of the Apple Context Machine podcast. He is the author of "The Designer's Guide to Mac OS X" from Peachpit Press, and writes for several design-related publications. Jeff has presented at events such as Macworld Expo, the RSA Conference, and the Mac Computer Expo. In all his spare time, he also co-hosts the We Have Communicators podcast, and makes guest appearances on several other podcasts, too. Jeff dreams in HD.

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