Apple Inc. (AAPL) Steams Ahead Despite iPhone Problems

July 27, 2010, 6:58 PM

Ever since Apple Inc. (Nasdaq: AAPL) released the iPhone 4 a few week ago, the stock has traded relatively well despite the drop call problems.

The company is now giving out free bumpers for the iPhone and refunding those who have bought one. The stock has traded in a fairly tight range between $240 and $270 and is quickly approaching a 52wk where it may break out.

Apple Inc., together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players as well as sells various related software, services, peripherals, and networking solutions. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers.

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Tags: aapl, apple, iphone 4