In a report released this morning, Goldman Sachs said that it believes supply-side issues from the recent events in Japan could present a risk to Apple AAPL, primarily in the June quarter.
“Nevertheless, the demand for Apple's platform continues to accelerate, and in this case, we believe supply-side risks will prove to be ephemeral for the Apple story,” Goldman Sachs writes. “We continue to believe Apple's stock valuation remains remarkably attractive at current levels.”
Apple closed Friday at $18.29.
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