“Analyst Ben Reitzes at UBS upgraded Apple Computer (AAPL) to ‘buy’ vs. ‘neutral’ and said today’s weakness is a buying opportunity given a number of positives at the company. While investors may be focusing on lower-than-expected PowerMac sales in Wednesday’s earnings report, Apple has strong upside potential from sales of iPods and portables and new products due in 2004. ‘The valuation now looks compelling, the shift to partnering is encouraging and retail profitability and sales momentum is encouraging,’ Reitzes said. UBS is raising its second-quarter estimates to 9 cents from 8 cents, factoring in 20 percent sales growth to $1.8 billion. The brokerage has a target price of $28,” Ciara Linnane reports for CBS MarketWatch.
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There isn’t going to be much further excitement, perhaps a G5 boost up to 2.6 Ghz Dualies, until summer.
When the Duallie 3 Ghz lay claim to the worlds fastest desktop computers and the Powerbook G5’s come out….
I don’t think the blue Hipods are going to be a big seller, people get stuck into one color and quite frankly PC people are CHEAP and really don’t know how to enjoy the better things in life.
Remember to keep Folding
http://teammacosx.homeunix.com/
Sailfish:
In the conference call on Wednesday, Fred Anderson said that Apple’s distribution channel for iPod came to around 8,000 outlets. Logic dictates that nearly 4,000 of those outlets are in the US.
HP claims to have 110,000 distribution outlets in over 170 countries, so if you genuinely believe that won’t expand the market for the BluePod I would ask you to share your reasoning.
The pending PowerMac boost to 90nm 2.0-2.4GHz G5’s will help a bit. Certainly they will attract buyers who always avoid the first generation.
The G5 Powerbooks should be released well before summer and will have a substantial impact now that portables are almost half of Apple’s computer sales.
The iPod frenzy is far from over and the iPod mini might help to expand its allure. Certainly the HP deal and the Pepsi iTunes giveaway will keep the iPod/iTMS segment going strong.
The release of the G5 Xserve can only help. After all, the Xserve contributes very little to the bottom line at this point, so any growth is welcome.
The big question mark in my mind is the consumer segment – eMac’s and iMac’s. Will there be any radical changes in these machines to help pump up demand? Apple needs growth across the board and cannot neglect one area in favor of another. In the late 90’s the consumer was the focus (iMac). More recently, the professional user (G5 PowerMac) and the corporate segment (Xserve) have received more attention. Certainly the iPod is in the consumer segment, but I am talking about computers.
I agree with MCCFR, however, I think the hPod would sell better to the Windroids if it were a familiar shade of beige.
As it is, Windrones buy more iPods than Mac users. Having more distribution channels will clearly help that trend along.
Several reports say there will be less margin on the HP iPod. Now, this could be from the cost of rebranding, but it may also mean a slight price difference. Maybe due to the cheap factor mentioned by Sailfish.
A Bomb: name one computer manufactuer that still offers a beige case in their consumer lines.
“name one computer manufactuer that still offers a beige case in their consumer lines.”
Yeah, I was waling through the computer aisle in Best Buy the other day and guess what? They all look like G5s now!
King Mel, on what do you base your assertion that G5 PBs “should be realeased well before summer”?
MCCFR wrote:
“In the conference call on Wednesday, Fred Anderson said that Apple’s distribution channel for iPod came to around 8,000 outlets. Logic dictates that nearly 4,000 of those outlets are in the US.
HP claims to have 110,000 distribution outlets in over 170 countries, so if you genuinely believe that won’t expand the market for the BluePod I would ask you to share your reasoning.”
Sure sounds good to me!
A suckers call. Buy my Apple shares so I can dump them before they become worthless.
You are all nuts! I have some advice for ya…Get a LIFE!!