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Apple, IBM shares up after deal announcement; BBRY down

Apple and IBM stocks stocks were up slightly after news that the companies entered an exclusive partnership in which IBM will create business apps for the iPhone and iPad.

Apple was up nearly 2 percent in after-hours trading at $97.00 a share, while shares of IBM were up almost 2 percent above $192.30 a share.

Tim Cook, CEO of Apple
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Tim Cook, CEO of Apple

Shares of BlackBerry, which is trying to make a comeback in the enterprise market, came back after being down as much as 4 percent after the announcement. It was down less than a percent at approximately 5:30 pm ET.

In the last half hour of trading, Apple stocks were down more than 1 percent at $95.30 a share. IBM stocks were down nearly 0.80 percent at $188.40 a share, one of the biggest laggards in the Dow Jones Industrial Average.

—By CNBC.com

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