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iPod rumors cause Apple stock to rise

Scott McNulty
08.29.07
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We all know that Apple is gathering the tech press for a Special Event (notice the capital letters) on September 5th, and it is pretty clear it has something to do with iPods. The rumors are swirling, and helping Apple's stock price.

Goldman Sachs has told its clients that this event might introduce the much ballyhooed full screen video iPod. Goldman suggests that people might want to buy some Apple stock, which in turn caused Apple's stock to jump $5 upwards on trading.