toggle

AAPL Stock: 100.96 ( -0.83 )

Printed from http://www.macnn.com

Piper Jaffray analyst boosts AAPL rating

updated 07:15 am EDT, Wed June 2, 2004

AAPL target, EPS upped

Analyst Gene Munster of Piper Jaffray has issued a on Apple; although Munster raised the target price from $30 to $32 on future growth of Apple's iPod division and an increasing focus on consumer electronics, he said that Apple's dependence on the education, consumer and creative professional market spending trends was a cause for concern. "The analyst expresses his optimism regarding Apple Computer's accelerated iPod sales growth over the next few years. Moreover, the company is reportedly engaged in the development of several new products, including a 30-inch monitor, colour screen iPod and multi-colour desktops."




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Autodesk Smoke 2015

Since May of this year, Autodesk has been shipping the highly anticipated update to its high-end post-production video editing suite, ...

Crucial MX100 256GB SATA-3 SSD

While the price-per-gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

Narrative Clip

With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

toggle

Most Commented