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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (32717)5/25/2007 11:36:36 AM
From: Bill Harmond  Read Replies (1) of 57684
 
09:12 AAPL Apple tgt raised to $125 from $115 at Prudential (110.69 ) -Update-

Prudential raises their tgt on AAPL to $125 from $115 following meetings with mgmt. The firm says mgmt appeared confident on a number of fronts including 1) its prospects for Mac share growth over time, 2) the potential for iPhone success, and 3) the viability of the iPod platform despite the impending launch of iPhone. The firm says their checks suggest 1) continued momentum for Mac sales, 2) a timely launch of iPhone, and 3) series of new iPod launches beginning as early as June, extending through September.
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