"We think that Apple could be on the brink of driving a major leveraging up," writes JPMorgan's...

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

"We think that Apple could be on the brink of driving a major leveraging up," writes JPMorgan's Mark Moskowitz in a voluminous note defending the stock. He believes the company will take on $15B-$20B in debt and bump the dividend yield to 4%. As far as operations, Moskowitz expects an earnings beat this quarter and upward pressure on estimates for 2013. AAPL +0.9% premarket.