Comment on Apple: Pacific Crest Cuts Target On Higher iPhone 5 Costs

Apple: Pacific Crest Cuts Target On Higher iPhone 5 Costs

Ratcheting up his estimates on the costs of building the iPhone 5, Pacific Crest analyst Andy Hargreaves this morning trimmed his price target on Apple shares to $645, from $670. Hargreaves lifted his estimate on December quarter cost of goods sold for the iPhone 5 to $370, from $353, which brings [...]

 

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