Apple Eating Intel's Lunch

Apple Computer
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received a significant boost on Monday when Piper Jaffray nearly
doubled the target price on the company to $100 from $52. The news sent
shares of the computer company up $6.18, or 11.2%, to end at $61.35 on
Monday. Piper Jaffray cited a "halo effect" from user satisfaction for
Apple's iPod. "We believe that the remarkable satisfaction with the
iPod creates a word-of-mouth wildfire that generates new customer
interest in Apple products," Piper Jaffray said.