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  BlackBerryToday > News > RIM, Apple Boost Techs

RIM, Apple Boost Techs

By Paul Shread
July 6, 2007

Tech stocks rallied to a new multi-year high Thursday on strength in Research in Motion and Apple, while the broader market stalled ahead of Friday's monthly jobs report. The Nasdaq closed above 2650 for the first time since February 2001. RIM and Apple gained 4 percent each, as traders continued to pick them as the winners in the wireless device race. Apple continued to gain on its iPhone launch, even if initial sales reports failed to hit the most optimistic expectations, while RIM continued to climb on last week's blowout results and reports that the company could enter the market in China.


Related Links:

  • RIM Remains The One To Beat
  • AT&T to Reap Benefits of iPhone

     
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