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Strategies & Market Trends : Guidance and Visibility

AAPL 272.24

+0.5%

Dec 23 3:59 PM EST

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From: 2MAR$	9/28/2005 2:11:01 PM
	of 208838

Apple Computer-AAPL downgraded to Neutral from Buy@MLCO Follow-up: AAPL cut to Neutral from Buy@MLCO Downgrade based on limited upside given: revenue growth deceleration, lack of upside to 35%-40% iPod penetration into the installed PC base by 2007, impact from Intel transition, Microsfot Vista could hold back 2007 share gains, and positive sentiment already built into shares.

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