Wedbush sticks with its Buy rating and Street-high Apple $400 target
"We believe the company is in a strong position to increase prices without sacrificing hardware performance and risking increasing customer churn." — Analyst Daniel Ives
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]