“Apple Inc. shares picked up in premarket trading Monday as analysts predicted the appeal of the computer company’s latest notebooks will outweigh a weaker outlook for iPod and iPhone sales amid a dismal holiday season for retailers,” AP reports.
“JPMorgan analyst Mark Moskowitz… raised estimates for Mac notebooks, “AP reports. “Oppenheimer & Co. analyst Yair Reiner gave a similar outlook for Apple… ‘Even with the consumer battling hypothermia of the wallet and soul, we believe the fundamental attraction of the Mac — its aesthetic appeal, usability, and integrated multimedia applications — will continue to peel users away from the Windows mold,’ [Reiner wrote in a note to clients.]”
Full article here.
MacDailyNews Note: Shares of Apple Inc. (AAPL) are currently trading up $3.87, or 4.69%, at $86.45.
[Thanks to MacDailyNews Reader “Martin” for the heads up.]