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fmikehugo

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fmikehugo

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Monday, 06/21/2004 8:37:57 AM

Monday, June 21, 2004 8:37:57 AM

Post# of 147296
OT - 07:04 AAPL Apple Computer estimates raised at First Albany (32.81 )

First Albany raises FY04-05 ests for AAPL above consensus, primarily due to higher iPod growth forecasts; firm expects reacceleration in Sept, driven by European ramps of iPod Mini and iTunes, as well as this summer's launch of the HPod; another highlight for AAPL is pending cash repatriation incentives in Congress, which would most likely be used for share buybacks.
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