Apple Swamped with Demand for New MacBook Pro
According to a report by Forbes, demand for Apple's new portable is soaring well beyond expectation. Previously thought to a potential problem for Apple, overflowing demand for the MacBook Pro is a very refreshing sight to see. With stock prices hovering in the $65-$66 USD range (down from the almost $90 USD in January), this report of Apple's professional portable "flying off the shelves" is expected to help boost the stock price well above its current levels.
Gene Munster (Piper Jaffray analyst) rates Apple as a result of this overwhelming demand as an "outperforming" stock with a target price of $103 USD. As of now, Apple is not expected to fully benefit from these predictions as a result of production restraints but is expected to fully meet the demands currently presented by consumers.