Apple Computer "neutral"

(www.newratings.com)

NEW YORK, (newratings.com) - Analyst Keith Bachman of Banc of America Securities maintains his "neutral" rating on Apple Computer (AAPL.NAS).

The target price is set to $77.In a research note published this morning, the analyst mentions that the company may post its F2Q EPS ahead of expectations, benefiting from the decline in flash pricing.

Apple Computer is likely to post its F2Q ipod units sales at 9.5 million, above the consensus of about 9 million units, the analyst adds.

The company is likely to guide to F3Q revenues below the estimates and the consensus, Banc of America Securities says.