Credit Suisse foresees solid Mac, iPhone 3G sales
Posted by Dennis Sellers 
Aug 8, 2008 at 10:07am
The Credit Suisse Group has initiated coverage of Apple with an “outperform” rating and a $200 price target, reports Mac Daily News.
In a note to investors, Credit Suisse said that the personal computer market has a potential growth rate of 13.6 percent in 2008 and 12.7 percent in 2009, which reflects better performance than initially feared in a macro economic downturn. Credit Suisse also predicts solid growth for the iPhone 3G.
“Macsimum News” is a proud supporter of Planet Gumbo, which feeds the hungry. We urge you to help them in their efforts.
Article Information
Comment on this Article Print this Article Email this Article Digg This
Contributor
Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
