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Apple Has 93% of Mobile Profits; 650M Users by 2018, Says Canaccord

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Canaccord Genuity’s Mike Walkley this morning raises his price target on shares of Apple (AAPL) to $145 from $135, writing that his review of market data suggests continued strength for the iPhone 6 upgrade cycle. Walkley writes that his assessment of vendor data in smartphones suggests Apple, whose shares he rates a Buy, captured 93% [...]



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