This is Mac OSKIN.

A couple of analysts reiterate their apple bullishness. The rumored

apple event gets thicker with rumors of its own and how are environmental hazards

suddenly a-okk? It's Tuesday, October 16, 2012.

I'm Kan Ray, and this is news from MacOS. Can.

Brought to you by yours truly and supported by listeners like you

subscribers to Maco can day six more information is available at Maco can

can dot com this show is also supported by the Mac OSKAN.com. This show is also supported by the Mac OS can Podcast App for the iPhone,

iPad, and iPod Touch, available in the App Store now for $2.99.

Pacific Crest Securities analyst Andy Hargreaves is still all about Apple shares.

While shares in the company have dropped like a stone over the past few weeks, Baron says Hargreaves, like a number

of analysts is still bullish on the shares, reiterating his outperform rating on them at his

price target of $760.

Apple shares are currently trading in the $635 range.

No reason for that that Hargreeves sees.

The man for iPhone 5 is still huge by his checks,

and he still thinks Apple will sell 51 million

iPhones this quarter.

Quoting his note, we believe the current stock price underestimates Apple's earnings power

through the iPhone 5 and iPad mini product cycles

and the sustainability of a replacement cycle given Apple's massive and still growing iPhone and

iPad user bases. The many does present a small concern for Hargreaves though.

...