UBS Maintains a 'Buy' on Apple (AAPL); Is Apple Better Off Losing the Lawsuit?
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Price: $441.35 +0.38%
Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Trade AAPL Now!
UBS maintains a 'Buy' on Apple (NASDAQ: AAPL) price target of $740.00.
Analyst, Steven Milunovich, is taking a different perspective when looking at the current case of Apple vs. Samsung. He believes that losing the court case may be more beneficial to Apple in the long run. (NOTE - the current case revolves around design). Basically, Milunovich, feels that if Apple loses and competitors copy Apple designs, it would only impact sales and margins short term...but longer-term AAPL could show that they are the 'real thing' or 'original', not a fake or copy.
However, if Apple wins and competitors have to start 'thinking outside the box', the possibility becomes a lot greater that another company could leapfrog Apple will some new technology design (something truly novel that tops Apple products).
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple closed at $665.15 yesterday, with a 52 week range of $354.24-$665.15.
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Analyst, Steven Milunovich, is taking a different perspective when looking at the current case of Apple vs. Samsung. He believes that losing the court case may be more beneficial to Apple in the long run. (NOTE - the current case revolves around design). Basically, Milunovich, feels that if Apple loses and competitors copy Apple designs, it would only impact sales and margins short term...but longer-term AAPL could show that they are the 'real thing' or 'original', not a fake or copy.
However, if Apple wins and competitors have to start 'thinking outside the box', the possibility becomes a lot greater that another company could leapfrog Apple will some new technology design (something truly novel that tops Apple products).
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple closed at $665.15 yesterday, with a 52 week range of $354.24-$665.15.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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