Analysts at First Albany have reiterated their ‘buy’ rating on Apple Computer Inc (AAPL) and raised their target price from $44 to $48.
In a research note, First Albany analysts mentioned that concerns about HP’s decision to stop reselling the iPods under its own brand, caused a recent “unwarranted” decline in the company’s share price. According to the analysts, Apple Computer has significantly increased its own distribution points and revenues from HP comprised just a small part of Apple’s total revenues.
Synaptics’ recent sluggish outlook reflects Apple Computer’s decision to exclude the former’s products from the next generation iPods, the analysts say.
Related iPodDailyNews articles:
Analyst: Hewlett-Packard may want to make their own MP3 music players – July 29, 2005
Related MacDailyNews articles:
Report: Hewlett-Packard to stop reselling Apple iPods by September – July 29, 2005
HP adds ‘Apple iPod shuffle from HP’ to digital music player line – July 01, 2005
Hewlett-Packard adds ‘Apple iPod mini from HP’ to iPod digital music player lineup – June 02, 2005
Hewlett-Packard expands branded iPod lineup, announces ‘Apple iPod photo from HP’ models – April 12, 2005
Hewlett-Packard adds ‘iPod dock holder’ to latest Media Center desktop – March 31, 2005
What’s the point of continuing the ‘Apple iPod by HP’ deal? – March 30, 2005
Hewlett-Packard ousts CEO Carly Fiorina, and what was with that ‘Apple iPod by HP’ deal anyway? – February 09, 2005
Apple, Hewlett-Packard debut new iPod television commericals – August 30, 2004
Hewlett-Packard-branded Apple iPod to debut Friday – August 26, 2004
Why Hewlett-Packard took Apple’s iPod shortcut – February 02, 2004
Just thinking out loud here … but … is there any “Tech Heads” out there who can comfortably put the issue of the Trusted Computing kernal in OSX for Intel to rest ??
After reading .. this
article, Im wondering if Mac Heads around the world will or will not revolt ??
Someone with knowledge in this area … please respond…
the hp ipod thing was good but kind of weird anyway, wasn’t it? who needs the stamp of hp approval on a product that’s already fully pc compatible out of the box? perfectly reasonable that the new hp administration would kill the deal, but it’s hp that’s going to suffer by not selling them.
mdn word: square, as in hp is a company of squares and the ipod shouldn’t be associated with them anyhow.