December 04, 2012 at 16:10 PM EST
AAPL: Not a Hardware but a ‘Platform’ Company, Says Bernstein
Bernstein Research’s Toni Sacconaghi late yesterday came to the defense of Apple (AAPL), reiterating an Outperform rating and an $800 price target, and writing that Apple’s risks are not the same as those of typical hardware vendors such as Dell (DELL) and Hewlett-Packard (HPQ). Responding to what he writes are investor worries that Apple is [...]
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