J.P. Morgan Reiterates on Apple - Apple (NASDAQ:AAPL)

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J.P. Morgan released some comments on Apple (NASDAQ: AAPL) on Tuesday and reiterated its Overweight rating.Analyst Rod Hall believes the company “is likely to cannibalize its MacBook Air line in the next 12 months and possibly in 2014 by adding a keyboard/mouse centric user interface to iOS while also keeping a touch friendly UI.”iAnywhere also puts Apple “in position to leapfrog the competition again,” according to Hall.Shares of Apple are up a modest 0.3 percent to $525 in Tuesday's trading.

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