NEW YORK — Apple shares surged on Wall Street on Tuesday and closed at a record high after the company said it would host an event later this month expected to be the unveiling of a long-awaited tablet computer.
Shares in the Cupertino, California company behind the Macintosh computer, the iPod and the iPhone gained 4.42 percent and closed at an all-time high of 215.04 dollars after reaching 215.19 dollars at one point during the day.
Apple announced on Monday it would hold a "special event" in San Francisco on January 27 to unveil its "latest creation."
The company did not supply any further details about the event but Silicon Valley has been buzzing for months with rumors that Apple plans to release a touchscreen tablet computer that resembles an oversized iPod Touch.
According to The Wall Street Journal, the color multimedia device will allow users to browse the Web, listen to music, watch movies or television shows and also serve as an electronic book and newspaper reader.
A tablet computer would be Apple's first major product release since it came out with the popular iPhone three years ago.
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