By Kelly Riddell and Nick Turner
Dec. 29 (Bloomberg) -- Apple Inc., maker of the iPhone and Macintosh computer, climbed to a record $211.61 on the Nasdaq yesterday, fueled by holiday sales estimates and speculation that the company will release a tablet device next year.
Apple rose $2.57, or 1.2 percent, marking the sixth straight day of increases. The shares have more than doubled this year, compared with a 61 percent rise for the Standard & Poor’s Information Technology Index.
Software downloads for Apple’s devices grew 51 percent in December from the previous month, according to research firm Flurry Inc. That signals that sales of the iPhone and iPod Touch jumped during the holiday season. Analysts and investors expect Apple to add a tablet computer to its lineup next year, providing a fresh source of revenue.
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