Apple (AAPL) Shows Strength Early on Bullish CDMA iPhone Outlook

April 12, 2011 9:47 AM EDT
Apple (Nasdaq: AAPL) shares are strong out of the gate today following a bullish call by JPMorgan that sees Apple's CDMA-version of the iPhone on Verizon (NYSE: VZ) plus overseas sales of the device adding revenue of $9 billion in 2012.

Shares are up 0.8 percent in early trading.


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