0 iPod touch on backorder at some of the Internet's leading retailers

"Shares of Apple (AAPL) rose Tuesday morning after an analyst noted online demand for iPods outstripped supply during the 'Cyber Monday' shopping spree," The Associated Press reports.

"Morgan Keegan & Co. analyst Tavis C. McCourt [said in a note to clients that] after the Cyber Monday and Black Friday rush, the 8GB and 16GB versions of the iPod touch are on backorder at some of the Internet's leading retailers, and the 80GB iPod classic is on backorder at least at one, he said," AP reports.

Read Full article.