Apple’s Stock Gets Moving
Apple Stock ( AAPL ) is anticipated to introduce the brand new model of the iPhone in September this year according to a report from Bloomberg .
Based on a latest report from IDC , Apple could lose market share from about 18% in 2011 to 17% by 2015 to Google’s ( GOOG ) Android with Research in Motion ( RIMM ) BlackBerry OS and Microsoft ( MSFT ) Windows Phone 7 a likely risk. Hence the introduction of a new iPhone might be an important catalyst for Apple to overcome competitors. Our $430 price estimate for Apple stock is about 35% above market price.
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