In other news, Philip Elmer-Dewitt of Fortune's Apple 2.0 has noted that Susquehanna has upped its target price for AAPL to $465. There seems to be a bandwagon mentality that analysts are jumping onto. He goes on to say that Charles Wolf of the Needem Funds raised his estimate to $450, a jump of $75. Meanwhile, Brian White of Ticonderoga kept firm on his price target of $550. This is most likely based on AAPL breaking out of a trading range with support at $326 and resistance at $345.60 causing everyone to reshuffle their estimates.
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.
- Key specs
- Reviews • 697
- Type Smartphone
- Screen size 3.5 inches
- Internal memory 16 GB
- Camera 5 megapixels
- Talk time 3G (up to 7 hours)
- Carriers (US) Verizon / Alltel
- Dimensions 4.54 x 2.31 x 0.37 in
- Weight 4.8 oz