23.06.2008 21:35 Uhr, Quelle: MacNN

Pac Crest: iPhone 3G is short-term gain

The iPhone 3G should be profitable for Apple, but not to the degree it could otherwise have been, writes Andy Hargreaves of Pacific Crest. The analyst is raising his price target for Apple from $225 to $235, and his projected FY09 EPS from $6.20 to $6.55; this is due to expected to the expected volume of 3G sales, which will be aided by availabili

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