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  • Apple Inc. (NASDAQ:AAPL) Moves a Step Forward

    
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    Friday September 17, 2010 at 09:27 am EST
     
    Apple Inc. (NASDAQ:AAPL) Announces AirPrinting Technology.
     
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    Apple Inc. (NASDAQ:AAPL) announced that they will soon be releasing a beta version of its AirPrint wireless printing for iPad™, iPhone® and iPod touch® to members of Apple’s iOS developer program today, while it will be included in iOS 4.2 software update in November. AirPrint automatically finds printers on local networks and can print text, photos and graphics to them wirelessly over Wi-Fi without the need to install drivers or download software. Hewlett Packard's (HPQ) existing and upcoming ePrint enabled printers will be the first to support printing direct from iOS devices.
    Philip Schiller, Apple’s senior vice president of Worldwide Product Marketing said “AirPrint is Apple’s powerful new printing architecture that matches the simplicity of iOS—no set up, no configuration, no printer drivers and no software to download,”


    Vyomesh Joshi, HP executive vice president of Imaging and Printing Group said "We’re pleased to work with Apple to bring Apple’s AirPrint to our fall lineup of ePrint printers in time for the holiday shopping season,”. Apple Inc.'s AirPrint is designed to support a wide range of printers. Apple said as a note in the press release that AirPrint will work with iPad, iPhone 4, iPhone 3GS and iPod touch (third generation and later). Shares of Apple Inc. (AAPL)are trading at above $276.57 just above resistance level of $272.4. No Major Resistance levels will stop Apple Inc. to jump while Major support levels are at $263.2, $253.4 and $243.2
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