Pacific Crest analyst Andy Hargreaves released a note this morning with a bunch of data points showing the rising importance of Apple’s (AAPL) iPhone in Internet usage. And he implies that the current value of the shares could be closer to $184 than the current $176.15 at which the stock trades.
The more things change, the more they stay the same: In May, Americans watched more hours of television than ever before, according to Nielsen.
In May, Nielsen reports, the average American watched 127 hours and 15 minutes of television, which comes to something just over 4 hours a day. That’s up 4 percent from 121 hours, 48 minutes in May 2007. There are some signs of change elsewhere in the data, however.
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