toggle

AAPL Stock: 132.65 ( + 2.37 )

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

Advertisement

Recent Reviews

Apple 12-inch Retina MacBook

It is an exciting time for consumer technology, with gadgets and devices that once used to the stuff of dreams now coming to fruition. ...

JBL Synchros Reflect in-ear headphones

All headphones are not created equally, especially when it comes to use during vigorous activities or workouts. Over-the-ear headphone ...

Bracketron Power Flex external battery

When we're traveling or just generally out and about, we've taken to bringing a tablet and Bluetooth keyboard with us, rather than a ...

toggle

Most Commented