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U.S. Day Ahead: Apple's new iPad hits stores across U.S.

Thursday, March 15, 2012 - 02:03

Mar. 15 - As Apple releases its newest tablet, Thomson Reuters Retail Analyst Jharonne Martis says the biggest fear is whether the company can meet demand.

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Hearings you're US today ahead Apple's new iPad hits stores shelves across the US tomorrow. As usual long lines are expected. And -- students looking for a solid sales but there are risks according to Thomson Reuters retail analyst Jerome Martin's. We know that the new tablet has he. Upgrades including batters in size and -- capability. But that could come at a price as it is happier. And -- guard and the iPad two oddly enough the biggest -- whether apple can meet demand that analysts believe that the necessary components are available. Also snapping at the heels of the new tablet -- the android products we could see the start of a price war. Inflation is the next major headwinds the recovery with the relief for the Consumer Price Index me. At 8:30 AM. I am -- says that headline number could rise by half a percent or more in February based -- rising gas prices. But Reuters the -- Dawson says consumers might not pay the. Price. The price of a barrel of oil rose by 8% in February on political tensions with Iran. -- about half of that percentage -- is expected to feed through to consumer price. But the good news is the warm weather households kept that the moment it down and that means that energy costs were a little bit lower overall. Also on the economic radar for the morning industrial output -- out at 915. The Reuters University of Michigan consumer sentiment index comes out at 955. -- is the first street from march and it is set to show a slight increase. An -- free weekly index is out at 1030. And we'll get more excited that fed when Chicago president Charles Evans speaks. He'll be talking about economic conditions in monetary policy at 3 PM in Frankfurt Germany Evans has argued that sanctions stick to its guns on easing. Even if that pushes inflation higher. I'm Rhonda schaffler mrs. writers.

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U.S. Day Ahead: Apple's new iPad hits stores across U.S.

Thursday, March 15, 2012 - 02:03