toggle

AAPL Stock: 112.98 ( + 0.58 )

Printed from http://www.macnn.com

AAPL coverage initiated with \"neutral\" rating

updated 07:55 pm EST, Tue December 2, 2003

JP Morgan: AAPL \"neutral\"

Analysts at JP Morgan today initiate coverage of Apple with a "" rating. In research published this afternoon, the analysts mention that Apple is poised for "robust margin expansions" in the forthcoming quarters on account of its new digital music product offerings. JP Morgan expects Apple's new professional products and the improving tech spending scenario to further boost the company's earnings growth in the forthcoming years. However, the current valuation of the company's stock already reflects its near-term earnings growth potential, the analysts believe.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Comments are closed.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Thecus N2310 NAS

For every computer user, there comes a point of critical mass in data storage. When it hits, external hard drives, USB sticks and DVD ...

iRig Pads

When it comes to mobile music products, IK Multimedia has positioned itself as one of the top suppliers. Right from the early days of ...

DoxieGo Portable Scanner

Sometimes, people need to scan things, but having a computer at hand to do so isn't exactly feasible. Maybe it's the home of a relat ...

toggle

Most Commented