“Instead, Morgan Stanley analyst Katy Huberty believes the next big thing for Apple will be a deal,” Epstein reports. “In the December 10th issue of Forbes magazine, Connie Guglielmo writes that the iPhone’s eventual arrival on China Mobile, China’s biggest wireless carrier, will be Apple’s next big catalyst.”
Epstein reports, “If Apple’s older, low-priced iPhone models are picked up by China Mobile, Huberty thinks Apple stock will explode to as much as $980 a share.”
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