Apple remains a favourite in the technology sector, with Credit Suisse First Boston analyst Robert Semple repeating his 'overperform' assessment on the stock.

"Within the PC market, we continue to prefer the profitable share gainers with compelling product cycles, with Apple as our top pick," he said, according to Forbes.

He pointed out that Apple's performance continues to exceed that of the industry.

Bear Stearns analyst Andrew Neff this week raised his target price on Apple's stock to $70 price.

Apple shares closed at $64.52 last night.