“Some Apple analysts didn’t wait for stores to open on Cyber Monday before weighing in on early reports that iPad sales were leading the 2013 holiday buying frenzy,” Philip Elmer-DeWitt reports for Fortune.
“After spot-checking Black Friday weekend sales, Deutsche Bank’s Chris Whitmore raised his price target to $625 from $575,” P.E.D. reports. “Piper Jaffray’s Gene Munster was counting heads and tweets over the weekend. In a Twitter analysis of 90,000 messages, he reports, the Pad was the most mentioned product on #BlackFriday and the iPhone for #CyberMonday. During the four hours Munster spent at the Mall of America Apple Store, traffic was up 9% over last year. ”
P.E.D. reports, “Global Equities Research’s Trip Chowdhry raised his price target to a Street-high $800 after visiting nine Apple Stores and five Targets and talking to ‘no less than 300 people.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]