Morgan Keegan Maintains Outperform on Apple

Morgan Keegan is out with its report today on Apple AAPL, maintaining Outperform. In its report, Morgan Keegan writes, "We expect no impact near term to our estimates from Jobs' departure, and although the longer term impact of losing Jobs is clearly a net negative, its a negative outcome that has been long expected, and we expect has been largely priced into the shares. We would be buyers on any weakness in AAPL shares at current levels." At the time of posting, shares of AAPL were trading at $369.52, down 1.77% from Wednesday's close.