Apple shares pop on strong MacBook estimates
Monday, November 24, 2008 - 09:35 AM EDT "Apple Inc. shares picked up in premarket trading Monday as analysts predicted the appeal of the computer company's latest notebooks will outweigh a weaker outlook for iPod and iPhone sales amid a dismal holiday season for retailers," AP reports."JPMorgan analyst Mark Moskowitz... raised estimates for Mac notebooks, "AP reports. "Oppenheimer & Co. analyst Yair Reiner gave a similar outlook for Apple... 'Even with the consumer battling hypothermia of the wallet and soul, we believe the fundamental attraction of the Mac -- its aesthetic appeal, usability, and integrated multimedia applications -- will continue to peel users away from the Windows mold,' [Reiner wrote in a note to clients.]"
Full article here.
MacDailyNews Note: Shares of Apple Inc. (AAPL) are currently trading up $3.87, or 4.69%, at $86.45.
[Thanks to MacDailyNews Reader "Martin" for the heads up.]


so apple is winning 2 bn in marketcap because of the BELIEVES of two morons? wall street is just a stupid game anymore. and next time they feel or believe otherwise and appl falls. stupid just stupid.