Sweet Enterprise Deal, Could Apple Sour for Consumers?

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Sweet Enterprise Deal, Could Apple Sour for Consumers?

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Sweet Enterprise Deal, Could Apple Sour for Consumers?

by TheStreet 1:11 mins

Sweet Enterprise Deal, Could Apple Sour for Consumers?

by TheStreet 1:11 mins

Today's Chart of the Day looks good – it's Apple, up more than 50% at the market's All-Star break, with investors cheering Tim Cook like he was Derek Jeter at last night's All-Star Game in Minneapolis. Apple's enterprise deal with IBM will push iPads and iPhones into the hands of sales managers and executives worldwide, a surefire long-term boost for the company's stock. However, if a KGI Securities report is to be believed, investors could be in for a stall in Apple's soaring share prices: the company may have to put the release of its iPhone 6 off until next year, creating temporary difficulties for its top line at the holidays.

TheStreet