ali ahmad
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NEW YORK - Shares of Apple Computer Inc. rose Tuesday, as investors speculated that the company may be close to launching a cell phone encompassing some of the features of its highly popular iPod digital music player.
On Monday, analysts said chip maker Broadcom Corp. was likely to supply chips for the cell phone that Apple could launch in early 2007.
Broadcom shares rose Monday on the Apple phone rumor, as well as several other factors, including an improving outlook for the general chip market and the successful weekend launch of Nintendo Co. Ltdââ¬â¢s Wii game console, which includes Broadcom chips.
On Monday, analysts said chip maker Broadcom Corp. was likely to supply chips for the cell phone that Apple could launch in early 2007.
Broadcom shares rose Monday on the Apple phone rumor, as well as several other factors, including an improving outlook for the general chip market and the successful weekend launch of Nintendo Co. Ltdââ¬â¢s Wii game console, which includes Broadcom chips.