Rumor Mill

merican Technology Research analyst Shaw Wu believes that Apple’s first cell phone will be introduced in the first half of 2007 and is urging investors to purchase shares of Apple before such an announcement is made. “With a history of revolutionizing the PC industry, the music industry, and the movie industry, we encourage investors to get aggressive in purchasing shares of Apple prior to the potential revolution of the handset industry,” Wu wrote in a research note. “Our research indicates that an Apple-designed smart phone has moved from concept to prototype and recently has progressed to near completion as a production unit,” Wu said. “We believe this smart phone has been in development for over 12 months and has overcome substantial c...
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