“Piper Jaffray maintained an ‘outperform’ rating and $60 price target on Apple Computer, expecting the company to benefit from greater spending by both post-production and broadcast customers in calendar 2006. The research firm surveyed 15 post-production customers and 15 broadcast customers at the International Broadcasting Convention in Amsterdam earlier this week,” Maya Roney reports for Forbes.
“Survey results indicated that 53% of post-production customers expect to spend the same or more on technology in calendar 2006 versus calendar 2005. Nearly 40% said Apple would be the primary beneficiary of their technology spending next year,” Roney reports.
Full article here.