Tuesday, November 26, 2013

Apple Inc. Looks to Roll Out Black Friday Deals (AAPL)

Consumer favorite Apple (AAPL) is largely expected to roll out lucrative Black Friday deals on 11/29 for its customers.

Past deals have included up to $100 off of laptops as well as other discounts on iPads and iPods. The sales will be especially crucial after Apple’s most recent quarterly sales of certain devices were not up to snuff for many on The Street. A nice boost in sales buoyed by discounts could help ensure that the firm hits its sales and revenue estimates for its next report.

Thus far, the event has only been posted to the company’s Australia and New Zealand websites, but with those two nations roughly one day ahead of the U.S., many are expecting a similar announcement for domestic markets to come sometime within the next day.

Apple shares were up $4.13, or 0.8%, at Monday’s close. The stock is down just over 1.5% on the year.

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