“Canaccord Genuity’s Michael Walkley has raised the firm’s price target for Apple stock from $515 to $545, citing “solid demand trends” for the iPad and iPhone,” MacNN reports.
“Checks are said to show that high June-quarter iPhone sales persisted into the month of August, leaving the iPhone 4 as the bestselling smartphone at both AT&T and Verizon, despite growing competition from Android and public expectations that a new iPhone will launch shortly,” MacNN reports.
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“Regarding the iPad 2, Walkley says that checks show the device remains “by far the best selling tablet” when compared with hardware like the RIM PlayBook or Motorola Xoom,” Macnn reports.
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]