Apple shares edge higher a day after watch launch

Posted by Unknown on Wednesday, September 10, 2014



Apple shares edged higher a day after the unveiling of its highly-anticipated new smartphones and watch.




Shares in the California-based company rose 0.2pc in pre-market trading to $98.20, reversing some of the 0.4pc decline the stock suffered on Tuesday following the launch of Apple's new gadgets.




The American technology giant on Tuesday unveiled its Apple Watch as well as the iPhone 6 and the iPhone Plus.




Aside from updated versions of the smartphone, the so-called smartwatch is the first new product that Apple has released since the iPad tablet was unveiled four years ago.




The Apple Watch will cost $349 and will go on sale next year.





Apple shares closed at $97.99 on Tuesday evening, having rallied to a record $103.30 last week amid feverish anticipation of the new products.






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