December 04, 2012 at 14:48 PM EST
AAPL: Barclays Says Cheaper iPhone for Emerging Markets ‘Key’
Barclays Capital’s Ben Reitzes today returns to a theme brought up frequently in the past couple years, namely the prospect of Apple (AAPL) offering a less-expensive model of iPhone to tap growth of smartphones in emerging markets. Reitzes, who has an Overweight rating on Apple shares and an $800 price target, posits Apple’s challenge as [...]
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