Apple Inc. (NASDAQ:AAPL): Deutsche Bank believes that the new iPhone 5S and 5C have higher margins than the iPhone 5 had at this time last year and expects Apple to issue December quarter gross margin guidance of flat to up year-over-year, which it believes could be a positive catalyst for shares. Deutsche believes Apple represents an attractive value and keeps a Buy rating on the stock with a $575 price target.
Analysts: Apple Margins Are a Positive Catalyst
After an agonizing year long search Apple (AAPL) has finally found someone to run its retail locations and online store. Effective next spring current Burberry (BURBY) CEO Angela Ahrendts will join Apple in the created role of senior vice president and member of the executive team reporting directly to CEO Tim Cook.
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