“Brian White with Topeka Capital Markets noted on Tuesday that the first iPhone was announced in January of 2007 but didn’t launch until June of that year,” Hughes reports. “Similarly, the first iPad was unveiled in January of 2010, but didn’t hit the market until April.”
Hughes reports, “In his note to investors, White said he expects the Apple television announcement to precede the launch of the final product by as few as two months, and as much as six months. He told investors to “keep in mind” that Apple’s annual Worldwide Developers Conference is only two weeks away, but did not provide any indication that he thinks an Apple television will be announced at WWDC 2012… Topeka Capital Markets has a 12- month price target of $1,111.00 for AAPL stock. The firm has maintained its ‘buy’ rating for investors.”
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