“Benjamin A. Reitzes of UBS Investment Research raised his price target and earnings estimates for Apple Computer and maintained a ‘buy’ rating on the company after checks revealed strong sales of the new video iPod and iMac G5,” Maya Roney reports for Forbes.
“The analyst said Apple would introduce more video content and digital entertainment offerings at Macworld in January, helping to drive shares. Checks also indicate that the company may be ready to launch lower-end Intel-based Macs earlier than its original June 2006 target, with the possibility of an Intel-based Mac mini at Macworld,” Roney reports. “He raised the price target to $74 from $65.”
Full article here.
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RUMOR: Apple’s Intel-based Macs coming in first quarter 2006 – November 04, 2005