Saturday, May 26, 2007
Prudential increased their share price forecast for Apple Inc. (AAPL). An increase of 8.7% saying rising sales of Macintosh computers and iPods as well as the introduction of the iPhone will boost earnings. They have also increased profit estimates by $0.04 to $3.67/share for this year and $0.15 for 2008 to $4.25. Share price forecast is up $10 to $125.