Apple's PA Semi acquisition is the biggest news since the Intel switch, take a look at what our team's dug up around the site. We expect more revelations during the company's financial results call tonight. Despite the importance of Apple's big news, the Mac news web is on fire this morning, read on
Mac share doubles
Lehman Brothers yesterday began coverage of Apple stock, offering a $195 target price and predicting Apple's market share will double by 2013. "Macs may have reached a tipping point with share on its way toward doubling over the next 3-5 years," said analyst Ben Reitzes. The analyst also observes Apple to be the most well positioned company to exploit the move toward mobile smart devices. More here.