iPhone 4S

If you thought Facebook press conferences were bad, just wait till you hear what Apple did this afternoon. Nothing! Instead of using today to unveil a new product that will inspire us to wait outside an Apple (NASDAQ: AAPL) Store for two days, the Mac maker unveiled a phone that practically...

Jefferies is reiterating its Buy rating and $500 PT on shares of Apple (NASDAQ: AAPL). “Our China Telco team noted weaker than expected 3G sub adds in China,” Jefferies writes. “We believe Apple shares have been impacted by this along with GM concerns. In our view, the slight perceived drag in...