Apple may prep new iPod, ultraportable Mac
What's Apple up to? Lately, we haven't seen much innovation from the maker of computers and music players, save for swapping out IBM chips for Intel processors in its desktop and notebook lineup. But the latest rumors indicate that the company may be set to release a new wave of breakthrough products. For one, it may have an ultraportable PC in the works, similar to Microsoft's indifferently received Origami designs. Apple's ultraportable would use flash memory -- the same kind of memory used in the iPod Nano, which could give Apple a substantial price advantage over competitors, since it purchases the component in very high volumes. The new computer could come as soon as the next Macworld Expo in January 2007.

Meanwhile, Taiwan's China Post reports that Hon Hai Precision Industries, a major contract manufacturer for Apple, is planning to sell $1.8 billion in shares to fund expansion plans. Chairman Terry Gou told the paper that he expects demand to pick up in the second half of the year as Apple unveils a next-generation iPod. The new music player uses a "none-touch" interface, Gou claimed, without elaborating. While it's not clear what Gou meant by "none-touch," Apple has registered a number of patents for devices with touch-sensitive screens.
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.