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3XSQ: Investors have a case of iPhone 5 fever

Monday, September 17, 2012 - 02:48

Sep 17 - Apple shares hit another record as iPhone 5 preorders topped 2 million in 24 hours, more than double the amount of the iPhone 4S preorders

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Ahead investors have a fever. For more iPhone. 103 times where this money -- world headquarters in New York if you thought apple shares could go any higher. Then think again it's up 1% yes and -- set another all time high for the tech tight. Looks like investors that iPhone fever and has been confirmed by pre order numbers over 2000000 and 24 hours and it's our daily get it. Apple says demand for its latest gadget is exceeding supply both the pre orders will be delivered September 21 but some will be sent in October. A sign of the times AT&T'S iPhone 5 -- the fastest selling iPhone yet. Also business insider reports that Yahoo! boss Marissa Mayer could be dumping blackberries. Forest happened -- Smartphones like iPhone and Samsung's galaxy. The Treasury Department refuses to let go -- General Motors that makes our power player for Monday. The Wall Street Journal says the government does not want itself points at half percent stake in GM now. Because it would lose money. Now apparently the US would lose about fifteen billion dollars on the ballot if it -- to sell its entire stake museums Friday close 24 dollars and fourteen cents. The stop and after more than double in price for taxpayers to breakeven. -- is down more than 1%. No rest for Jamie Dimon right now just won the Boston JPMorgan is getting over -- -- six billion dollar trading loss. He has even more headaches to deal -- This time JPMorgan faces on money laundering probe. Regulators want an -- financial -- properly monitor transactions involving drug money. -- blacklisted countries as follows similar investigations in this city group and British bank standard chartered. JPMorgan shares while -- down 1%. Who won that copier paper could be so sexy while hedge -- starboard value does it just disclosed a thirteen point 3% stake. In Office Depot it's now the top shareholder in the second biggest US office supplies -- the -- -- Jeffrey Smith told office Depot's CEO his company's shares. Are deeply undervalued. Still he suggests management could catch up to its rivals like staples like cutting costs and focusing on higher margin services. Office Depot's shares while they're zooming up 14%. And that is the latest from three Times Square this Monday you can follow us on Twitter at Reuters inside. Check out our borders YouTube TV channel employees dot com slash lakers -- I'm Fred Katayama and this war.

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3XSQ: Investors have a case of iPhone 5 fever

Monday, September 17, 2012 - 02:48