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Morgan Stanley: Apple’s iPhone underestimated

Started by rpetty · 1 year ago

Morgan Stanley analyst Kathryn Huberty reiterated her buy rating on Apple Inc. shares, saying she believed the market is underestimating the likely success of the iPhone. She raised her 2007 iPhone sales forecast by 33% to 8 million units from 6 million, following a survey of 2,500 U.S. consumers. Huberty also believes Apple’s ability to [...]SHARETHIS.addEntry({ ... Continue reading »

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