“Thomas Weisel analyst Doug Reid this morning raised his estimates for sales and profit for Apple (AAPL) for this fiscal year and next, writing that ‘store checks’ indicate demand remains healthy, IT spending is set to tick upward, and the formal announcement China Unicom will sell the iPhone starting next month lends credence to his estimate for sales of 24.9 million iPhones in the fiscal year starting next month,” Tiernan Ray reports for Barron’s.
“Kvaal raised his price target to $210 from $180,” Ray reports.
“Reid also mentions the much-rumored tablet computer: he thinks investors expect it to be introduced in November, but that it won’t come until the second quarter of calendar 2010,” Ray reports. “‘We instead focus on the prospects for Apple to launch lower price point ($800-900) MacBooks within the next 30-45 days.'”
Full article here.
Who listens to these oppotunistic, asswipe analysts anymore. Tell us something we don’t know you fool.
To Z: well put.
Z shut ur pile hole.
“Who listens to these oppotunistic, asswipe analysts anymore.”
Apparently, you do, Z.
“Tell us something we don’t know…”
Like you had a clue. Where are your sooper seekrit news reports, bub? Oh, that’s right, you don’t have any!
There are some 30-odd analysts that follow Apple, apparently. I’ve been keeping track of as many price targets as I can, 26 so far.
The list below is in reverse order. The oldest price targets, before Apple’s last conference call are above the break, while the newest price targets are at the bottom. The ones with updates will have old target first, new target after and the date issued.
Pacific Crest – $190
Caris – $200
Amtech- $210
BMO – $185
Kaufman – $184
Susquehanna – $185
Morgan Stanley – $195
Cannacord – $200
Collins Stewart – $170
Oppenheimer – $160
Deutsche – $225, 7/22
Goldman – $160, $175 7/22
Bernstein – $165, $185 8/4
UBS – $160, $170 8/12
Barclays – $188, $208 8/13
RBC – $190, $250 8/18
Credit Suisse – $175, $200, 9/1
Societe Generale – $170, $255, 9/4
JMP – $200, 9/10
Needham – $200, $235 9/14
Cramer – $200, $264 9/15
Macquarie – $175, $220 9/18
JP Morgan – $170, $210 9/21
FTN – $180, $180 9/21
Piper Jaffray – $186, $186 9/14, $235 9/24
Weisel – $180, 8/21, $210, 9/28
As you can see, the momentum is up.
Er, which is it for the tablet? Q2 or ‘second half’?