Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Lehman Boosts Apple to 'Buy'

Lehman upgraded Apple Computer (AAPL) to buy from neutral.

Analyst Daniel Niles says Apple's Q2 results exceeded expectations and benefited from sales of new, more powerful products, including the Titanian Powerbook G4 laptop. In spite of a difficult economic environment, he notes the company was able to reduce its channel inventory to four weeks from 11 weeks a couple of quarters ago. In light of Q2 results, the company's guidance is going forward, and he sees a $0.28 fiscal 2001 (Sept.) loss, and $0.95 fiscal 2002 EPS.

blog comments powered by Disqus