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By Tiernan Ray Sterne Agee’s Shaw Wu this morning reiterates a buy rating on Apple (AAPL) shares and a $500 price target, writing that “a frequent question we have gotten from investors recently is what are we hearing in terms of progress with China Mobile and the iPhone.” Wu explains that many customers on the …
Continue reading “AAPL: China Mobile Wants Cut Of App Store, Says Sterne Agee”
By Tiernan Ray Susquehanna Financial Group analyst Chris Caso this afternoon started coverage of Qualcomm (QCOM) with a “Positive” rating and a $70 price target, writing that there’s a “long term bull case” to be made that 4 billion or more people in emerging markets who are using 2G handsets will move to 3G handsets …
Continue reading “QCOM: Susquehanna Sees 4 Bil-Person Emerging Market Opportunity”