A n analyst with Key Corp.is Victory Asset Management has stripped down Appleis recent success to its core, saying that the iPod has made Apple cool again. The comment was given to a Bloomberg reporter, and published in an article covering Wednesdayis financial results from Apple. From the article:
iiThe iPod has made Apple cool again, and what youire seeing is that people didnit give a lot of thought until now to what being cool again means in terms of the financials,ii said Marty Shagrin, an analyst in Cleveland at Key Corp.is Victory Asset Management, which manages $50 billion and owns 4.3 million Apple shares. ``Even though there was a lot of enthusiasm about iPod and Appleis business, this is just surprising.ii
You can find the full article at the Miami Heraldis Web site.