Apple 10273 Published by Bob 0

Thomas Weisel Partners upgraded Apple Monday, saying the company's current share price severely discounts long-term growth potential. The firm also said the risk that 2008 results will disappoint has faded. Analyst Doug Reid moved his rating to Overweight from Market Perform and raised his price target to $195 from $188.

Analyst Polishes Apple's Outlook

Apple 10273 Published by Bob 0

Apple's online iTunes music store is now the No. 1 music retailer in the United States, according to the latest data from the NPD Group. To get there, iTunes had to beat out Wal-Mart. To date, Apple says iTunes has 50 million customers and has sold more than 4 billion songs from a catalog of over than 6 million choices.

iTunes Tops Music Vendor Charts