Piper Jaffray Out With Piper Report (AAPL)

Piper Jaffray is out with its Pipe Report this morning, and in the report it covers Apple Inc. AAPL. In a note to clients, Piper Jaffray writes, "The early success of the Apple iPad has resulted in a plethora of me-too devices nearing production, with quite a few ready to be launched in time for the holiday season. The sheer number of different devices discussed on the tech blogs is remarkable, and as another indication of the expected tablet demand, it has also been suggested that Best Buy plans to have a tablet section in its stores." Shares of Apple gained $1.34 on Friday to close at $241.62.