Bear Stearns Reiterates "Outperform" on AAPL on iBook, iPod nano

| Apple Stock Watch

Bear Stearns analyst Andrew Neff reiterated an "Outperform" rating on Apple Computer, according to NewRatings.com. Mr. Neff issued his comments in a research note, citing "robust" demand for both the companyis iPod nano and iBook product lines.

He also said that current unit estimates for Apple may prove conservative, as the Macintosh platform is gaining market share.

In the past, Mr. Neff has gotten ink at The Mac Observer for pushing the idea in 2001 that Apple would have to drop PowerPC and go Intel if it wished to compete, in 2002 saying that such a move was about to be announced, and that Appleis board of directors was "getting antsy," presumably about CEO Steve Jobs, and various other comments.

Appleis stock closed at $53.20 on Friday.

*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.  

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