Shares of Apple could post their 10th straight day of gains today, which hasn’t happened since October 2010.
div > div.group > p:first-child"> If Apple closes in positive territory Tuesday, it would post its 10th straight day of gains, which hasn't happened since October 2010. Shares of the tech giant started Tuesday up 1% but the gains trailed off in afternoon trading. Still, the multi-day rally comes after Apple's celebrity-packed event on March 25 initially disappointed investors and Wall Street.
Now that the dust has settled, the focus has returned to Apple's flagship product, the iPhone. While the tech giant has suffered from slowing demand for the smartphone, it still holds a leading position in the market, analysts said. Apple has slashed iPhone prices by 6% in China after the company posted lower-than-expected revenue for its fiscal first quarter in the region.
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