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Forbes: ‘Apple Outlook Lifted By MacBook Pro Availability’

In a research note issued yesterday, Piper Jaffray analyst Gene Munster took a positive take on Apple in light of broader availability of the MacBook Pro, reports Forbes. “Over the last several days, Munster spoke with 20 Apple retail stores and found that all stores have several of at least one version of the Intel-based MacBook Pro in stock,” notes the story. “Two weeks ago, his checks with 40 Apple retail stores found that only 4 stores had the product in stock. Lead times for the MacBook Pro have also decreased, said the analyst, from 2 to 3 weeks on Friday March 17, to 7 to 10 business days on Tuesday March 21, indicating better product availability.” Munster maintained an “outperform” rating and US$103 price target on Apple stock.

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