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Apple shares rise | |
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||
| Time: 09:48 EST/14:48 GMT | News Source: Macworld UK | Posted By: Byron Hinson | ||
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Financial analyst Lehman Brothers' Dan Niles yesterday raised his rating for Apple, leading company shares to rise. Niles praised Apple's strong back-to-school sales and "other initiatives", CBS MarketWatch reports. He raised his rating to "overweight" from "equal weight." The analyst also said the company: "stood to gain from the long-term potential from its Power Mac G5s and music-related revenue." | ||
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