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Wednesday, March 01, 2006

AppleInsider | Analyst: Apple's bigger picture is becoming clear

Financial analysts at American Technology Research are beginning to see that, while not explicitiy announced as such, the new Mac Mini is part of a bigger move by Apple into the living room. While everyone talks about making the Mac Mini a DVR/PVR, it seems with the iTunes Movie store on the horizon, it would be in Apple's interests to only provide links to iTunes.

The analyst stated that due to weak technicals on the stock, the price of AAPL may drop and that it would be a good time to buy the stock. Currently their price target for AAPL is $101.

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posted at 11:14 AM

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