2011 Forecast Calls for 76 Million iPhones With Chance of 32 Million iPads

With the hard launch of the CDMA iPhone at Verizon now just three days away, analysts are tweaking their sales forecasts to reflect its impact. The latest to issue an upward revision: Susquehanna’s Jeff Fidacaro, who raised his price target on Apple this morning to reflect strong presale demand for the Verizon iPhone and a significant increase in its production.

J.P. Morgan Raises the Bar for Apple Bulls

Moving to the front of the herd in the running of the iBulls, J.P. Morgan analyst Mark Moskowitz set a Street record by raising his target price on Apple shares to $390. “Apple is the growth story without rival,” Moskowitz said in a superlative-laden note to clients. “We do not expect our latest round of upward revisions to be the last.”
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Apple Shares: “A Magical and Revolutionary Product at an Unbelievable Price”

“After the big run, what’s next? The big run.” So begins a research note from RBC analyst Mike Abramsky that’s a good representation of the market’s reaction to Apple’s latest blow-the-roof-off-the-sucker quarter. The 90 percent spike in profit the company reported yesterday, which surpassed already lofty expectations, inspired a rush of analyst notes this morning, all of them enthusiastic.

2010: Year of the Palm? Maybe Not…

Evidently, Palm is not quite as well-poised for growth in 2010 as once thought. In a note to clients this week, Bank of America/Merrill Lynch analyst Vivek Arya–who last November praised Palm as “a company with an attractive platform, selling into a high-growth market”–has reconsidered his position.
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Morgan Stanley Upgrades Apple to King of Mobile Internet

Apple has $29 billion in cash, no debt, a 36 percent gross margin, and it’s on the cusp of another iPhone ugrade cycle. Little wonder, then, that analysts are raising their target prices on the company’s stock. Among those doing so today: Morgan Stanley’s Kathryn Huberty, who says “Apple is emerging as the clear leader in the battle over the mobile Internet.”
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Voices

Salesforce.com: The Stock Is Too High, Wedbush Says

Take profits in Salesforce.com, Wedbush Morgan analyst Michael Nemeroff advises. Nemeroff this morning cut his rating on CRM to Sell from Hold, noting that the shares at last night’s close of $37.38 were more than $10 above his $27 target price.