Goldman Sachs Feels Positive on Apple Following Signing of China Mobile Deal
December 23, 2013 at 09:59 AM EST
In a report published Monday, Goldman Sachs analyst Bill Shope reiterated a Buy rating and $620.00 price target on Apple (NASDAQ: AAPL ). In the report, Goldman Sachs noted, “Given Apple's steep wholesale prices in China for the iPhone, we believe subsidy levels will be key to determining steady-state volume
