NEW YORK (Reuters) – Apple Inc (AAPL.O) is expected to launch a high-speed wireless version of iPhone in the second quarter and produce as many as 8 million of the devices in the third quarter, according to Bank of America.
Apple shares closed up $2.76, or 2 percent, at $143.01 after the prediction in a research report about the third-generation phone from Bank of America analyst Scott Craig. Shares in AT&T Inc (T.N), the exclusive U.S. carrier for iPhone, closed up flat at $37.66 after rising to $38.39 earlier in the day.
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