Radar Movers: Apple and CBS Climb Higher, eBay Reports Q4 Earnings

Apple (NASDAQ:AAPL) received support today as shares jumped more than 4 percent and continue to edge higher in late afternoon trading. KGI Securities analyst Ming-Chi Kuo predicts two new versions of the iPhone this year in addition to an upgraded iPad mini with Retina display and the fifth-generation full-size iPad. Kuo also expects Apple to retire the non-Retina MacBook Pro line and lower the price of the high-definition display versions of its notebooks.