Sales Show Strength in Tablet Market for Apple (AAPL)

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Apple (NASDAQ: AAPL) remains as a Buy at Jefferies as the company shows great sales during Black Friday and Cyber Monday. Apple is having a hard time keeping its products in stock, with most stores reporting low or out of stock on the iPad, iPhone, or iPod.

The firm reports that Apple's overseas sales in Europe show the same signs of popularity with the products as North America dose. Jefferies believes that Taiwan will be launching the iPad imminently also.

Virgins Richard Branson announced the launch of his new product, a magazine exclusively for the iPad. He believes that the new notebooks are the future of publishing.

For more ratings news on Apple click here and for the rating history of Apple click here.

Shares of Apple closed at $311.15 yesterday, with a 52 week range of $188.68-$320.18.

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