Analyst: Apple Will Be Amazing! Goldman Sachs (Thu 2:25PM EST)
Another analyst report is seeking to calm Apple (NASDAQ:AAPL) investorfears, with Goldman Sachs concluding after a detailed study that Google (NASDAQ:GOOG) and Microsoft (NASDAQ:MSFT) will struggle in front of the iPhone maker in the days to come. According to the report, titled “Clash of the titans,” Google and Microsoft are challenged because spending on complimentary products and services that go along with a mobile platform is rising, and Apple continues to lead.
Why Does Apple Hold an Advantage?
“We believe loyalty to [Apple’s] ecosystem is only increasing and this should translate into continued growth going forward,” the report says, according to CNET. “In particular, we see the potential for Apple to capture additional growth as existing iOS users move to multiple device ownership.”
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