Apple (AAPL +0.8%) continues underperforming following its expected iPhone announcement, perhaps...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL +0.8%) continues underperforming following its expected iPhone announcement, perhaps due to ongoing fears about iPad shipment cuts. However, Piper and UBS are once more issuing bullish notes, believing the iPhone 5 will see strong pent-up demand. Piper expects Verizon (VZ) customers to be especially eager to buy the device.