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Verizon Wireless To Sell Apple iPad, ETFs To Watch

By Market News Video Staff, Thursday, October 14, 2:36 PM ET

Verizon Wireless (NYSE:VZ) and Apple (NASDAQ:AAPL) announced that iPad will be available at over 2,000 Verizon Wireless Stores nationwide beginning Thursday, October 28.

Verizon Wireless will offer three bundles, all featuring an iPad Wi-Fi model and a Verizon MiFi 2200 Intelligent Mobile Hotspot, for a suggested retail price of $629.99 for iPad Wi-Fi 16GB + MiFi, $729.99 for iPad Wi-Fi 32GB + MiFi and $829.99 for iPad Wi-Fi 64GB + MiFi. Verizon Wireless is offering a monthly access plan to iPad customers of up to 1GB of data for just $20 a month. In addition, Verizon Wireless will also offer all three iPad Wi-Fi models on a stand-alone basis.

Turning to ETFs with large Apple and Verizon positions --

The Technology Select Sector SPDR Fund (AMEX:XLK) has nearly 12% of its holdings in Apple, with about another 4% in Verizon.

The Rydex 2x S&P Select Sector Technology ETF (RTG) has about 9.75% in Apple and a little over 3% in Verizon.

In both of these ETFs, Microsoft (NASDAQ:MSFT) is the second largest position behind Apple.

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   AAPL   AMEX   Apple   ETFs   Hotspot   Intelligent   MSFT   MiFi   NASDAQ   Rydex   SPDR   Sector   Select   Stores   Technology   Verizon   Wireless   about   addition   alone   also   announced   another   available   basis   beginning   behind   both   customers   featuring   holdings   iPad   just   large   little   models   month   nearly   offer   offering   over   plan   position   positions   price   second   these   three   will   with
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