The Apple (NASDAQ:AAPL) frenzy is in full swing this morning a day ahead of the announcement of the new iPhone. Rumors continue to swirl on what new products and software the tech giant will be unveiling tomorrow. What is for certain though, it will make an impact on the markets. Analysts are predicting record sales of the iPhone 5, with Gene Munster from Piper Jaffray predicting Apple can sell 10 million units in the first three weeks alone. Other rumored announcements at their event include the launch of the iPad Mini as well as the long shot: the iTV. The frenzy isn't causing much to happen in trading today. Apple stock is currently down just a tenth of a percent to $660.70.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...