UBS: Apple & Wall Street Don’t Lose Sight of Steve’s Vision

As Apple gets pressured to make deal, an analyst reminds them of Steve Jobs’ words
UBS reminds Apple and Wall Street of Steve Jobs’ words: “Companies forget what it means to make great products.”
Analyst Steven Milunovich thinks Apple should keep its focus on the customer and not on making a big acquisition like Netflix or Disney to please shareholders.
The firm reiterates its buy rating and $165 price target for Apple, representing 8 percent upside from Monday’s close. UBS analyst Steven Milunovich used the words of its founder Steve Jobs to remind the company…

via UBS reminds Apple and Wall Street of Steve Jobs’ words: ‘Companies forget what it means to make great products…’ — MacDailyNews

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