On Air Now

Tune in to Listen

93.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
61° Feels Like: 61°
Wind: N 3 mph Past 24 hrs - Precip: 0.01”
Current Radar for Zip

Today

Thundershowers 69°

Tonight

Showers 56°

Tomorrow

AM Clouds/PM Sun 71°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Apple shares to be fueled by new iPhone: Barron's

A shattered large glass panel, part of Apple's cube store on Fifth Avenue, damaged from the results of the snowstorm on Tuesday is seen in N
A shattered large glass panel, part of Apple's cube store on Fifth Avenue, damaged from the results of the snowstorm on Tuesday is seen in N

(Reuters) - Apple Inc shares could rise by 20 percent over the next year, fueled by sales of a new version of its iPhone smartphone that is expected to have a bigger screen, according to an article in the March 24 edition of Barron's.

The iPhone 6, expected in late summer or fall, is certain to have a bigger screen than earlier versions, which could give iPhone users a major reason to upgrade or win back people who switched to other devices, according to the article.

The article notes that Apple shares currently trade at a deep discount to the market.

(Reporting by Lewis Krauskopf; Editing by Sophie Hares)

Comments