Andy Hargreaves, an Analyst from Pacific Crest, has high hopes for AAPL. This morning, he raised his estimate for AAPL $10, from $225 to $235. Also of note was his AAPL EPS estimate for Fiscal September ’09, which he brought up to $6.55 from $6.20. With many analysts and firms upping the estimates and predictions, more »

After the announcement of the 3G iPhone and subsequent price drop to $199, predictions for AAPL are looking up. Rich Gardner for Citigroup increased his predicted price point for AAPL to $287, up from $248.

“We remain aggressive buyers of Apple shares at current levels. Apple’s decision to move from a revenue share model to a traditional subsidy model for the 3G iPhone is a significant positive because Apple receives iPhone-related cash flow sooner.”

Gardner also increased his 2009 profits by $1.5 billion, bringing his original estimate of $7.4 billion up to a sizable $8.9 billion. He upped his 2010 profits as well, albeit by less, bringing his estimates up to $10.2 billion from $9.3 billion.

More financial news after the break.