Merrill upgrades AAPL on iPhone talk

Submitted by tuxtops on Thu, 07/20/2006 - 23:51

Apple's Oppenheimer said in response to an analyst who asked about the impact of Sony's music phones and their success. "As regards cell phones, we don't think that the phones that are available today make the best music players. We think the iPod is. But over time, that is likely to change. And we're not sitting around doing nothing."