Interesting New Report on Apple
Bear Stearns is out this morning with a detailed new report on Apple. Bear is not changing its buy rating or earnings estimates. Instead, the report lays out Apple’s growth profile focusing on four areas: Macs, iPods, Apple TV, and iPhone. The overall theme is that Apple is not a one product company but rather has multiple platforms for growth. This is new for Apple compared to its history. Bear Stearns goes on to outline the likely product development paths for each of the four platforms.
If you want to read the report, click “Continue Reading….” for a link to a PDF file.