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 Palm Blvd > News > Apple, RIM Rise as TI Falls

Apple, RIM Rise as TI Falls

By Paul Shread
December 14, 2009

Apple (NASDAQ: AAPL) and Research in Motion (NASDAQ: RIMM) led the tech sector higher on Wednesday, but Texas Instruments (NYSE: TXN) traded lower after updating its financial guidance.

Apple shares bounced 3.4 percent to halt a three-week slide after an Oppenheimer analyst said the company could launch a tablet by spring. Amazon (NASDAQ: AMZN) slipped 2 percent on the news.

RIM shares jumped 5.7 percent on optimism about the company's move into China and ahead of its quarterly earnings report next week. Oracle (NASDAQ: ORCL) will also report results next week.

Get the full story here at InternetNews.com.

 
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