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Stock Market & Financial Investment News

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February 11, 2013
08:12 EDTAAPLApple weakness creates an attractive entry point, says Cowen
Cowen believes iPhone 5 share adoption has been hampered by the slow rate of approval of LTE networks, its non-support of key LTE spectrum bands, lack of commercial relationships with leading LTE operators, and the low number of 4G LTE networks relative to 3G. The firm believes investors have mistakenly assumed market issues are due to weakening product competitiveness, which has created a favorable entlry point. Shares are Outperform rated.
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