Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
Katy Huberty raises her Apple price target $36 to $200 — Updated with charts – From a note to Morgan Stanley clients that landed on my desktop Tuesday. New product categories need to get priced-in. Despite a consistent and material revenue contribution from new products and services over time, Apple shares dont seem to bake-in the impact from upcoming new product launches. We believe this …