Apple shares rise on optimism over iPhone demand. NEW YORK (Reuters) - Shares of Apple Inc rose more than 4 percent on Thursday amid optimism on Wall Street that the maker of consumer favorites such as the iPod media player and iPhone can weather economic troubles.
Apple joins top 10 mobile phone vendors. Although iPhone didn't launch until the middle of last year and is still available only in a few countries, Apple has become the world's 10th largest mobile phone vendor, according to a new study.