Apple, Inc. (AAPL) Maintains An Outperform Rating

Credit Suisse (ADR) (NYSE: CS) has released an update on Apple, Inc. (NASDAQ: AAPL) after meeting with the company’s management last week. According to Credit Suisse, not a lot of near-term information was offered at the meeting.

However, Credit Suisse is impressed by the management’s positive outlook for iPhone share expansion, the continued momentum of the Mac, solid content growth, and most importantly the potential for the recently launched iPad.

Credit Suisse recommends investors to build on positions at current levels as it expects significant profit and strong cash flow at the company, which will drive the stock price. Credit Suisse has maintained an Outperform rating for Apple, Inc., with a price target of $275.