07.10.2009 22:35 Uhr, Quelle: MacNN

iPhone may account for nearly all growth in Sept. quarter

The iPhone will account for nearly all of Apple's year-over-year growth when it reports the results of its September quarter, says Caris & Company analyst Robert Cihra. The device is forecast to represent 25 percent of the quarter's reported revenue, or 38 percent of non-GAAP revenue. Cihra has raised his price target for Apple stock, which now sits at $235.

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