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Wall Street Beat: IBM, Apple Riding High

The tech-heavy Nasdaq hit 1268.64 on March 9, 2009, its lowest point in seven years. The technology sector remains a pillar for corporate revenue and investor confidence. IBM shares surged by $3.58 to close at a record US$165.86 Wednesday. Apple shares were up by $4.89 to $351.52 in late afternoon trading Friday. Mobile devices including tablets will also fuel growth for tech, according to a slew of recent reports. iSuppli: Global PC shipments in 2010 totaled 93.1 million units, up 5.7 percent from 88.9 million in the third quarter of 2010.”]

Source: https://www.csoonline.com/article/2127674/wall-street-beat–ibm–apple-riding-high.html

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