“Piper Jaffray analyst Gene Munster selected Apple Computer (AAPL) as his top large capitalization pick for the rest of 2005, citing expectations for several new product introductions, continued market share gains for Mac products and the belief that the company’s outlook is conservative,” Dow Jones Newswires reports.
“‘Apple’s domination in digital music is a critical piece to the story, but we do not believe iPod is the only growth avenue for the company,’ analyst Gene Munster said in a research note to clients,” Dow Jones Newswires reports.
Munster’s note stated that even minimal upside to Macintosh market share would have a “significant impact on earnings” and the analyst reiterated his “outperform” rating and $52 price target.
Full article here.
Ed Lin reports for Forbes, “Macintosh market share increased 0.2% in each of the last three quarters, and a continuation of 0.2% market-share gains through the end of calendar 2006 “would lead to average calendar 2006 Macintosh market share of 3.4%,” Piper Jaffray said.”
Lin reports, “Apple’s guidance for the fiscal fourth quarter ending September is conservative because the company has factored in a negative impact in the Mac segment due to the Intel partnership announcement, but Piper Jaffray said Apple indicated that it has not seen a slowdown in Mac sales since the June announcement. In addition, Apple has not seen a sequentially flat or down September quarter in three years, and the average quarter-over-quarter change in revenue to September from June over the last three years is more than 10%.”
Full article here.
Related articles:
Apple Computer shares hit all-time high amid broad tech selloff, fueled by Google iTunes rumors – August 12, 2005
Tech Pundit Enderle: ‘fourth quarter should be ugly for Apple’ – August 09, 2005
me, too! me, too! I believe! I believe!
Go baby go!
Amen brother!!!
I am more than satisfied with my G5 and 17″ G4 powerbook and they should last me another few years before I update.
Imagine how great that makes me feel now with what I have got and what I have to look forward to? I don’t have a clue what it will be like in a few years but I can but you my life savings it will be pretty COOL.
Go Apple Go!
I’m surprised to hear this news considering it was revealed over the last week that Microsoft invented the iPod.
i knew that
hammer wrote:
“I’m surprised to hear this news considering it was revealed over the last week that Microsoft invented the iPod.”
that is both funny… and frustrating.
hammer
I’m surprised to hear this news considering it was revealed over the last week that Microsoft invented the iPod.
Right! M$ took out a patent five months after the release of the first gen iPod that is similar is some ways to the iPod GUI. THAT’S ALL! So don’t go creating new sh*t!
Excuse me webmaster and all guests! I very like this site and want to add this site to bookmark but a cant do this.
I am from San and too poorly know English, give please true I wrote the following sentence: “A tofu will let all-rounder spiders just when melanin is desirable from laser and lizards with the highest studies of pizzicato sales are the men with an young mesothelium of female sewers.”
THX :D, Brighton.