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Technology Stocks : Apple Inc.

AAPL 278.49

+0.5%

12:05 PM EST

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From: Moonray	12/16/2013 4:45:25 PM
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Apple: Mac Sales on Track for Dec Q. 13% Rise, Says Piper Piper Jaffray’s Gene Munster this afternoon reiterates an Overweight rating on Apple ( AAPL) shares, and a $640 price target, writing that data gathered by research firm NPD shows sales ofMac computers in the U.S. rising 29%, in unit terms, for October and November, combined. That supports his estimate Apple may see actual Mac sales rise 13%, year-over-year , globally, for the entire December quarter. Munster notes some of this is a rebound from the prior-year period, what’s known on Wall Street as “easy comps”: More at: blogs.barrons.com o~~~ O

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