02/08/2005, 2:05pm, EST
Tuesday, February 8th
Apple tops in Consumer Reports repair, support survey
Milunovich also said that such a review would continue to help Apple in pushing its products to consumers and switchers: "Positive reviews such as Consumer Reports makes buyers more comfortable 'thinking different.' Apple's ability to create reliable products and back them up with on-line and retail outlet expertise are differentiators. Because ease of use is critical for consumers, Apple's reputation as having product experts who care at the ready matters."
In a report obtained by MacNN, the analyst also said that both the threat of viruses and Apple's superior position to deliver the digital lifestyle to consumers are making Apple more of a mainstream brand. This effect would continue to bolster Apple stock and drive earnings in both 2005 ($0.71) and 2006 ($2.00). Merrill reiterated a 'buy' rating with a price objective of $85 in the next 12-months.
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