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iMac delay is Apple 'buying opportunity' – anlaysts | |
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| Time: 16:38 EST/21:38 GMT | News Source: Macworld UK | Posted By: Erick Cordero | ||
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Analysts at Needham & Co. see the temporary iMac drought as representing a buying opportunity for Apple stock, the company said in a research report released this morning. Analysts Charles Wolf and Justin Udelhofen said: "Near-term weakness presents an excellent buying opportunity, because the issue is one of supply, not demand". Needham & Co "reiterates" its 'buy' rating on the company's stock. Observing the situation, the analysts say: "The bad news is that Apple stopped production of its current iMac in the expectation that it would ship the new model sooner than this." | ||
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