Prudential: ‘iPod story has legs’
Prudential Equity Group has raised estimates and the price target on Apple, citing “”stronger-than-anticipated iPod sales” and “marginally better” sales of the Macintosh platform, reports Forbes. Prudential specifically commented on the “positive news flow” regarding potential new products, including: “a new flash-based iPod, enhanced value proposition from the iPod mini, and a ‘headless iMac,'” but said that this was not factored into their estimates.
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