“Benjamin A. Reitzes of UBS Investment Research reiterated a ‘buy’ rating and $65 price target on Apple Computer, expecting new products to fuel the company into 2006,” Maya Roney reports for Forbes. “‘After testing the new products [iPod video, iMac G5 with Apple Remote and Front Row media software, iTunes 6], we believe that the company now has a compelling solution for using the iPod as a medium for video since its software is simple to use,’ said Reitzes. ‘We believe that Apple will expand the content choices over time as technology and partners evolve.'”
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