Citi and Piper both upgraded their target of AAPL to 300 and 299 respectively. Expect strong sales reports for both Ipod and Iphone, lower chip prices and higerh ASP (Average Selling Prices). Then factor in Ipad sales and you've got good momentum.
Start looking at Jan 11 270-300's. 270's priced at 19.70. 260's are back at the 200 premium recommended last month.
Happyt Trading...
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