Barclays reiterated its “overweight” rating on Apple, saying that shares can benefit by strong iPad demand, a continued iPhone 4 ramp, significant international expansion & a pipeline of new innovations, reports the “International Business Times” (http://www.ibtimes.com/articles/75879/20101026/apple-iphone-iphone-4-macbook-macbook-air-ipad-ilife11-app-store-apps-facetime-facetime-for-macs-mac.htm?).
“We believe the biggest news of the event was the launch of new MacBook Airs w/no HDD’s & prices from $999- $1599 (prior models cost $1500-$1800) which should help stimulate Mac sales into the holidays,” analyst Ben Reitzes told clients. “… We believe the new MacBook Airs will help Mac growth remain solid into calendar year-end.”
