JMP Securities’ analyst Ingrid Ebeling has reiterated her “strong buy” for Apple shares, with a target price set to US$70, reports New Ratings. “In a research note published yesterday, the analyst mentions that the company is likely to report its 3Q revenues and GAAP EPS, scheduled to be reported on July 19, at $4,357 million and $0.44, respectively. Apple Computer remains in a robust position to gain further market share in 2006 and 2007, the analyst says.”