Morgan Stanley, Uber-Optimism, And iPhones

[blogger]

Morgan Stanley, Uber-Optimism, And iPhones
      

So Morgan Stanley recently raised expectations on Apple share prices based on the most optimistic iPhone forecast I think I’ve ever seen.
The investment bank believes that Apple will sell 27 million iPhones in the calendar year 2009, at an average price of $550 per unit. All this will raise Apple stock to $210 per share, [...]
         

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