In a research note this morning, Analyst Keith Bachman of Banc of America Securities says Apple Computer’s share price is unlikely to appreciate due to any new iPod shuffle launches.
Bachman believes that Apple Computer’s share price would appreciate if there is a launch of a new iBook/eMac or comments regarding the ability of the x86 processors to significantly reduce the cost of Macs.
Bachman maintains his “buy” rating on Apple Computer with a target price of $44.
MacDailyNews Take: New product launches would be good for Apple? Yes. Apple commenting on the ability of x86 processors to significantly reduce the cost of Macs?
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