Apple Inc (AAPL)

[fmikehugo]

OT - 11:31 AAPL Apple Computer downgrade details (32.90 -0.01) -- Update --

As mentioned at 11:26, FTN Midwest downgrades AAPL to Neutral from Buy, as their checks suggest that while momentum remains positive, it is leveling off; firm also says that many of the product upgrades and new marketing initiatives have played out since their late March upgrade, and they note that the stock has exceeded their $30 target and has reached its highest point since early 2001.