First Albany has raised its earnings and revenue forecasts due to higher-than-expected iPod music player sales.
Analyst Joel Wagonfeld lifted his fiscal second-quarter earnings estimate to 25 cents a share from 23 cents and his revenue forecast to $3.5 billion from $3.3 billion. Wagonfeld also raised his iPod unit sales estimate to 5.5 million from 4.5 million and his iPod revenue estimate to $1.3 billion from $1.06 billion.
Wagonfeld reiterated his buy rating on the stock and $49 price target.
Related MacDailyNews articles:
Goldman Sachs raises estimates for Apple Computer – April 06, 2005
$50, I want $50.
We’ll see $50 in less than 2 weeks. Then it will poot around for a bit….and then creep upwards again over the summer.
Quote from Sports Illustrated:
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“Just another busy week for Tiger. Apple announced a partnership with Woods to promote the company’s new operating system.”
http://sportsillustrated.cnn.com/2005/writers/mike_mcallister/04/05/power.rankings12/index.html
Holy crap! Doesn’t SI look at the date when they research info like that. Everyone else I talked to knew that was an April fools joke right away.
Nice catch, king.
Yeh-heh-hessss. Nice spot there, king alvarez. Yes — the king man is in de house!
But really, Sports Illustrated — come onnn. I only buy that rag once a year! And it IS for the pictures!! Know what I mean?!?
I poop on the rest of it.
I’d love to see 80 again. If that happens, I’ll probably finally sell my stock. Well, maybe.
But it would be awesome if it happened.