updated 09:55 pm EST, Mon March 14, 2005
Mac mini to drive AAPL
Analyst Keith Bachman of Banc of America Securities today reiterated his "buy" rating on Apple stock with a new target of $48. NewRatings.com reports that "in a research note published this morning, the analyst [said] that Apple's Mac Mini product portfolio is likely to and distribution channels in the long term. Apple would witness substantial opportunities for market share gains in the forthcoming quarters through third-party channels, without employing much capital."