NEW YORK (MarketWatch) -- Morgan Stanley
analysts Katy Huberty and Jerry Liu on Monday said a survey of more than 1,000 consumers indicates strong demand for the iPhone 5 and the iPad by Apple
Inc. . "U.S. iPhone purchase intentions beat our forecast," analysts said. "Stable 50% iPad share also surprised us, despite our modeled drop next year." Huberty and Liu reiterated their overweight rating on Apple and said the stock remains on the brokerage's Best Idea list. The comment from Morgan Stanley came after Citi downgraded Apple to neutral and the computer maker announced it has sold more than two million new iPhone 5 models in China, three days after its Dec. 14 launch.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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