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Technology Stocks : Apple Tankwatch

AAPL 258.17

+0.7%

Jan 29 3:59 PM EST

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To: i-node who wrote (3628)	4/12/2011 9:48:53 AM
From: Road Walker	Read Replies (1) of 32692

JPMorgan Sees CDMA iPhone Providing Big Boost for Apple (AAPL) (VZ) 7:42 am ET 04/12/2011 - StreetInsider JPMorgan analyst Mark Moskowitz said Tuesday he sees Apple Inc.'s (NASDAQ: AAPL) CDMA-version of the iPhone on Verizon (NYSE: VZ) plus overseas sales of the device adding revenue of $9 billion in 2012. Moskowitz detailed Apple's "multi-billion dollar revenue opportunity" with its CDMA iPhone, adding the company should see above-market growth over the next 18-24 months. Apple could see accelerated growth by aggressively penetrating Asia-Pacific and the U.S. The analysts notes Apple saw four-fold growth in Asia last quarter over the prior year period. Moskowitz sees Apple selling 10 million iPhones through Verizon in 2012, bringing in revenues of $6 billion. Shares of Apple are down 1 percent to $330.80 in premarket trade on Tuesday.

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