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Technology Stocks : Apple Inc.

AAPL 273.85

+0.5%

Dec 24 12:59 PM EST

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To: Moonray who wrote (122709)	12/8/2011 8:38:00 AM
From: Moonray	Read Replies (1) of 213177

UBS ups estimate of Apple iPhone sales Dec. 8, 2011, 8:31 a.m. EST - By Christopher Hinton WASHINGTON (MarketWatch) -- UBS raised its financial guidance for Apple Inc. APPL +19.38% on Thursday on greater-than-expected demand for the iPhone. UBS now predicts the computer company will sell around 30 million iPhones in the fiscal first quarter, up from a prior estimate of 28 million. The investment bank lifted its first-quarter profit guidance for Apple to $9.90 a share from $4.47 a share, while maintaining its buy rating and $510 price target. Shares of Apple rose nearly 1% premarket to $392.50. o~~~ O

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