tiprankstipranks
The Fly

Apple’s new products support revenue growth, says Goldman Sachs

Apple’s new products support revenue growth, says Goldman Sachs

Goldman Sachs keeps a Buy rating and $294 price target on Apple (AAPL). The company’s new Mac and iPad products unveiled this week should support Apple’s ability to achieve its Q2 revenue growth outlook of low-to-mid-single digits despite the lower-than-expected starting pricing for the MacBook Air, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1