“Shares of Apple (AAPL) are up in early trading as the positive notes continue to flow in,” Tiernan Ray reports for Barron’s. “Spicing things up this morning, AllThingsD’s John Paczkowski reports that Apple’s media event to unveil the next iPhone will take place on October 4th, citing multiple anonymous sources, supporting his prior claim of an introduction that month.”
MacDailyNews Note: See related article: Apple to hold special media event on October 4, hosted by CEO Tim Cook, sources say
“Ticonderoga Securities’ Brian White reiterates a Buy rating and a $666 price target. And in a separate note this morning, White waxed enthusiastic about Apple’s prospects in China,” Ray reports. “Also this morning, Goldman Sach’s Bill Shope, for example, today raised his price target on Apple to $520 from $480, while reiterating a ‘Conviction List’ Buy rating on the shares, after observing that the current global macroeconomic malaise is having little impact on Apple’s business.”
Ray reports, “Also yesterday, Credit Suisse’s Kulbinder Garcha reiterated an Outperform rating and a $500 price target… Lastly, Barclays Capital’s Ben Reitzes yesterday said his own tour through Asia-Pacific last week confirmed for him Apple’s dominance in the region… Reitzes has an Overweight rating on Apple and a $515 price target.”
Read more in the full article here.
As reality sets in…
Since I own stock in AAPL, thank Heavens for those greedy bastards at Goldman Sachs speculating Apple’s stock will go up because Apple the company is worth it… ‘Cuz right now, I don’t put too much stock in Obama’s America! In a Foghorn Leghorn voice… Now see how I slid that in?… It’s called being Coy son,. Are you getting any of this? (whispers) Guy is one fry short of a Happy Meal. I say, now, I say if that dolt Obama is still laying the blame at President Bush for his ineptitude and being non qualified to be Chief Executor, then for “Fairness” sake, I say “Fairness”, I can blame Obama, even on a Mac rumors site! Fairness, it’s what it is all about! Are you getting any of this, son?
You are about as sharp as a bowling ball.
A $40 boost is quite healthy, indeed, but it barely did a lick to lift Apple’s share price today.
Apple will soon be worth twice as much as M$! 😛