Colors seen coming to iPhone

Investor's Business Daily

An analyst from Topeka Capital believes the next iPhone will be offered in pink, yellow, blue, green, purple, silver and slate like its current iPod Touch line. According to the Next Web, Apple's (AAPL) Mac computers will feature a new chip from Broadcom (BRCM) that could offer 5G WiFi. Raymond James cut Apple's price target to 690 from 700. Finally, Apple is reportedly working with Japanese publishers to offer a localized iBookstore.

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