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Apple (AAPL) iPhone Growth Continues on China, Low Installed Base Penetration, and Android Switchers - Stifel

October 28, 2015 8:41 AM EDT

Stifel analyst Aaron Rakers reiterated a Buy rating and $150 price target on Apple (NASDAQ: AAPL) following Q4 results noting iPhone growth continues on China momentum, low installed base penetration and android switchers.

Rakers commented, "While concern over slowing / negative iPhone growth is likely... More