First Albany reiterates ‘buy’ on Apple Computer, raises estimates

“Analysts at First Albany reiterate their ‘buy’ rating on Apple Computer (AAPL), while raising their estimates for the company. The target price is set to $44,” newratings.com reports.

“First Albany considers Apple Computer’s revenue and EPS guidance for 4Q conservative. The EPS estimates for 2005 and 2006 have been raised from $1.35 to $1.40 and from $1.56 to $1.60, respectively,” newratings.com reports.

Full article here.

Related MacDailyNews articles:
UBS reiterates ‘buy’ on Apple, raises estimates, sets share target price to $54 – July 14, 2005

5 Comments

  1. Apple is doomed! Doomed I tell ya! They failed to bring in a hundred bazillion, trillion dollars in revenue yesterday… This clearly shows they must be DOOOMMMEEDDDDD!!

  2. “First Albany considers Apple Computer’s revenue and EPS guidance for 4Q conservative. The EPS estimates for 2005 and 2006 have been raised from $1.35 to $1.40 and from $1.56 to $1.60, respectively,” newratings.com reports.”

    From what I’ve been told by Bloomber’s pundit, my guess is that First Albany is pretty much alone in their opinion. Nearly all the other Analysts seem to think that Apple has reached the highest peak and that, from here on out, it’s the toilet.

    MW: both

  3. PS – How many more unimaginative apple (the fruit) metaphors can these wankers who proffer analysis come up with in their article titles? So far, we’ve had ‘Apple’s Q3 report is sweet & sour’, ‘This Apple is going to fall from the tree’, etc. I’m sure one of them will slip in “rotten” somewhere along the line. Fingers crossed, however, they’ll all be eating humble (Apple) pie down the line…

  4. Thank you!

    That goes to all the “experts” that have in the past provided such great “analysis”.

    Keep up the good work. You’ve allowed me to realize such a great buying opportunity. It’s been a truly satisfying ride. Please don’t stop with your false negative forcasts.

    My children thank you as well… without you, I would have never realized such a great opportunity to fund their ever increasing college expenses…. let alone acquire such a comfortable lifestyle as I enjoy today.

    Thanks again!

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