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Analyst: Watch for Ultra Portable Mac, iTunes Movie Rentals in '08 |
UBS analyst Ben Reitzes sees a strong year ahead for Apple's Macintosh lineup. So strong, in fact, that he raised his target price for the company's stock from $220 to $235. "We just completed surveys of well over 30 stores, and Mac demand seems to be outpacing prior expectations. Even with prospects for a slowing economy, we believe Mac demand can keep going strong with new products that we have detected in the supply chain," he said. "Given higher margins for the 'Mac ecosystem,' including software, we are raising estimates."
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