UPDATE: Goldman Sachs Raises PT to $810 on Apple on iPhone 5 Roll-Out

Goldman Sachs reiterated its Buy rating on Apple AAPL and increased its price target from $790 to $810. Goldman Sachs said, "We still expect the new iPhone 5 and iOS 6 to serve as a powerful driver of earnings upside in the December quarter and into 2013. We are modestly raising our estimates to reflect the likely success of the iPhone 5 and the faster-than-expected rollout. For FY2013, we forecast iPhone units of 165.3 million on total revenues of $186.41 billion and EPS of $53.07, versus 164.6 million, $185.78 billion, and $52.16 previously. Our FY2014 estimates increase to revenues of $223.81 billion and units of 221.4 million with EPS of $64.87, from $223.56 billion, 221.1 million and $64.33 previously." Apple closed at $669.79 on Wednesday.