UBS predicts Apple media server

UBS predicts Apple media server Analysts at UBS Investment Research predicts new products and a strong second quarter for Apple in notes released to clients yesterday. Apple will see revenues climb 67 per cent year-on-year, UBS states – but warn that these estimates are “conservative”, predicting in excess of $3.2 billion in the quarter. UBS holds a $50 per share price target for Apple. The report also predicts new photo and video management features for iTunes and iPhoto. They suggest a digital media hub and an iTunes movie download service as possibilities, with latter features not expected until 2006....

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