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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (5031)	6/7/2011 10:36:01 AM
From: Road Walker	Respond to of 32692

Robert Cihra, Caris & Co.: Reiterates a Buy rating and a $500 price target, while keeping his estimates the same. “Much more than just a simple back-up, sync or music streaming service, we consider iCloud a whole new, if not “ultimate,” leg to Apple’s ability to grow and leverage its booming iOS thin- client strategy, closed- loop iTunes relationship, and software-driven ecosystem. We continue to think investor fixation on next-gen iPhone 5 timing misses the point, as it’s the Platform not the Device that matters.” Precisely. What Apple is doing can't be duplicated.