Deutsche Bank on Apple (NASDAQ:AAPL), Steve Jobs

After the shocking and incredible announcement by Apple (NASDAQ:AAPL) CEO Steve Jobs that he would be taking another medical leave of absence, followed by a incredible quarterly performance by the company, it should be enlightening to look at what analysts like Deutsche Bank are saying about the amazing news.

Deutsche Bank (NYSE:DB) said, "This is the 3rd leave Jobs has taken due to health issues since 2004. We believe Tim Cook is a proven operator and very capable of managing Apple's day to day operations. We also believe AAPL's product roadmap for the next 12 months is largely set and Cook (and team) will ensure crisp execution on that roadmap."

Deutsche Bank reiterates a "Buy" rating on Apple (AAPL), with a price target of $410 on the company.