Wednesday's hot stocks: AMD, KO, X >>> READ MORE

Tuesday Apple Rumors: Apple’s November to Remember

Apple expected to report best November sales in company history


daily apple rumors AAPLHere are your Apple rumors and AAPL stock news items for Tuesday:

Apple Has Best November Sales Ever in 2011: According to a Tuesday report at Apple Insider, sources within Apple‘s (NASDAQ:AAPL) supply chain have indicated that the Cupertino, Calif.-based company likely will report its best November of sales in history. Ticonderoga Securities analyst Brian White cited the “Apple Barometer,” a proprietary index of multiple Taiwan-based component suppliers for Apple, as showing that supply chain sales to the company were up 17% from October. Monthly growth has stayed steady at just 2% for the past six years. November’s stellar iPhone 4S and iPad sales should fuel what likely will be Apple’s best quarter in history come the end of December.

Consumer Reports Praises Verizon, Condemns AT&T: Consumer Reports released the results of its Annual Cell Service Provider Survey on Tuesday, doling accolades to Verizon (NYSE:VZ) and savaging AT&T (NYSE:T) among iPhone carriers. Verizon scored the highest out of the four major mobile carriers, thanks to its highly rated data and texting services. Sprint (NYSE:S) surprisingly came in just behind Verizon. T-Mobile USA came in third, putting AT&T in the doghouse, rated poorly by many of the survey’s 66,000 respondents. The report also found that consumers actually are most satisfied with smaller, regional mobile carriers rather than the big four. This is promising news for C-Spire, the Mississippi-based regional carrier that became the fourth official iPhone carrier in the U.S. in October.

Steve Jobs Bio is Amazon’s Best-Selling Book of the Year: Amazon (NASDAQ:AMZN) might be in a ferocious competition with Apple over the nascent tablet market, but the Internet’s largest retailer should not forget how profitable goods related to Apple have been for it. Case in point: Walter Isaacson’s biography of the late Steve Jobs. Released in October shortly after the CEO’s death, Steve Jobs has become Amazon’s best-selling book of the year. As noted by a report at MacRumors, Sony‘s (NYSE:SNE) Sony Pictures reportedly is in talks with writer Aaron Sorkin (The Social Network, Moneyball) to adapt Isaacson’s biography for the big screen, with Noah Wyle and George Clooney contending for the part of Jobs. That movie undoubtedly would sell well for Amazon, too.

As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at @ajohnagnello and become a fan of InvestorPlace on Facebook. For more from the company, check out our previous Apple Rumors stories.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC