Microsoft(MSFT) shares edged up 0.7% to $26.39 after the company announced it would be selling computers starting at $250 for low-income students and their families. Around one-third of all Americans lack high-speed wireless in their homes, according to the Pew Research Center.
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Apple(AAPL), meanwhile, fell 2.4% to $385.70 as a new report said the arrival of Amazon's(AMZN) Kindle Fire could depress sales of the iPad. According to the survey conducted by ChangeWave, 26% of potential Fire buyers may delay the purchase of a new iPad. Research In Motion(RIMM) shares sank 2.4% to $17.62 as it said it plans to continue supporting Adobe's(ADOBE) Flash technology for its PlayBook tablet despite Adobe's announcement it is no longer investing in Flash for mobile. The PlayBook has failed to take off with consumers, though the company has promised a long-awaited software update next February. The Nasdaq rose 0.5%, or 14 points, to 2638 in afternoon trading on Thursday after U.S. economic data came in better than expected.>To submit a news tip, send an email to: tips@thestreet.com.
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