Analysts like Apple’s lead role in mobile Internet battle - Pacific Business News (Honolulu):

Apple Inc. (Nasdaq: AAPL, 12-month range $78.20–$189.95) designs, manufactures and markets personal computers, portable digital music players and mobile communication devices, and sells a variety of related software, services, peripherals and networking solutions. Thanks to an upgrade from Morgan Stanley, Steve Jobs saw the value of his Apple shares increase about $50 million in one trading day.

Analyst Kathryn Huberty at Morgan upgraded the shares from “equal weight” to “overweight” causing an almost 7 percent rise in Apple’s shares and contributing to an almost 3.5 percent rise in the Nasdaq. Huberty believes that the mobile Internet (using cell phones to get online) market is poised to explode with a potential 4 billion cell phone users moving to smart phones...