AAPL Stock: 108 ( + 1.02 )

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WWDC may bring new flash iPods, iTunes phone

updated 11:50 am EDT, Fri June 3, 2005

WWDC flash iPods

Banc of America Securities maintained a "buy" rating and $44 target price on Apple, saying the company will likely use its Worldwide Developer's Conference to introduce . The event may also showcase the long-awaited iTunes-enabled cell phone from Motorola. "We do not see a video-enabled iPod at this event," Banc of America said. "Video content continues to be a challenge for Apple/iPod." The research firm said new flash products won't be enough to materially impact the stock.

by MacNN Staff





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