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Forbes: ‘Apple’s Post-Production Presence Seen Strong In Europe’

A report on Forbes today notes that research firm Piper Jaffray maintained an “outperform” rating and US$60 price target on Apple, expecting the company to benefit from greater spending by both post-production and broadcast customers in calendar 2006. “The research firm surveyed 15 post-production customers and 15 broadcast customers at the International Broadcasting Convention in Amsterdam earlier this week,” notes the story. “Survey results indicated that 53% of post-production customers expect to spend the same or more on technology in calendar 2006 versus calendar 2005. Nearly 40% said Apple would be the primary beneficiary of their technology spending next year.”

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