Apple Inc. has filed new documents with the Federal Communications Commission that suggest its HomePod speaker launch may be approaching. Made public Friday, the documents include a diagram of the bottom of a “wireless speaker” that includes the location of an FCC label required on such devices and a series of reports about the radio emissions dated Nov. 8, 2017. Apple stock is up a fraction to $178.56 in late trading. Already a late entrant, behind tech titans such as Amazon.com Inc. and Alphabet Inc. [s:goog], Apple delayed its smart speaker launch in November, and said it would ship in early 2018. Apple stock is up 49% in the last 12 months, as the S&P 500 index has gained 24%. The Dow Jones Industrial Average , of which Apple is a component, gained 32% in the past 12 months.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News