toggle

AAPL Stock: 109.14 ( -3.96 )

Printed from http://www.macnn.com

iPhone SDK, MS Exchange impress investors

updated 10:05 am EST, Fri March 7, 2008

Investors like SDK, AAPL

Yesterday's "iPhone Software Roadmap" event raised analysts' faith in AAPL stock, with Shaw Wu of American Technology Research reiterating a "buy" rating and a price target of $175. According to Wu, Apple had met and exceeded expectations with its "superior" implementation of ActiveSync. Apple's method eliminates separate server software, while also providing a direct connection to the server, rather than through a third-party network operations center.

Wu also believes that Apple's goal of 10 million iPhones by the end of 2008 is now back in sight, considering the offerings the company released yesterday. Despite a looming recession, Wu thinks Apple is able to "weather the storm better than most with its strong fundamentals."




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

Thecus N2310 NAS

For every computer user, there comes a point of critical mass in data storage. When it hits, external hard drives, USB sticks and DVD ...

iRig Pads

When it comes to mobile music products, IK Multimedia has positioned itself as one of the top suppliers. Right from the early days of ...

DoxieGo Portable Scanner

Sometimes, people need to scan things, but having a computer at hand to do so isn't exactly feasible. Maybe it's the home of a relat ...

toggle

Most Commented