MacRumors.com

Citigroup analysts are upgrading their stock recommendation for Apple from hold to buy based on expectations that Apple will complete the Intel transition in August.

According to their research, they expect Apple to release new Dual-Core PowerMacs in August. This would correlate with Apple pushing WWDC back to August this year.

Meanwhile, Citi also expects Intel iBooks "as early as April" along with a new Video iPod in April.

There are expectations that Apple will hold another Media event around their 30th anniversary on April 1, 2006.

Known information available on the upcoming Intel-based Macs are summarized in the Guides: Intel iBook (Rumored) and Intel PowerMac (Rumored).