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Analysts’ iPhone U-turn

“On Monday, Reuters leaked news of a JP Morgan report that trumpeted the imminent arrival of a smaller, cheaper version of Apple’s new-age smarphone … Now, less than twenty-four hours later, The Unofficial Apple Weblog has dug up a new JP Morgan report that calls Chang [its author] an idiot - roughly speaking.”

I love the spin The Register puts on things ;-) Suffice to say, it seems that JP Morgan decided to clarify their original report after Apple’s stock spiralled to its highest ever level following the first, leaked analysis. Article here.


Further reading


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