“Despite the growing competition ranged against the company within the digital media markets, Apple may be a tough beast to tame, analysts believe,” Jonny Evans reports for Macworld UK. “American Technology Research analyst Shaw Wu summed up the feeling in a note to clients received by Macworld UK, saying: “It may be difficult for competitors to replicate Apple’s easy-to-use user interfaces without infringing on its patents. ‘Apple is known for its strong legal team and its patents not only cover technology but the ‘look and feel’: interfaces, and methods, too.'”
“Wu rates Apple as a stock to buy with a $77 target price. He expects Apple to have achieved $4.9 billion in revenue in its December quarter with 9.7 million iPods sold in the period. He also expects new products to be released by the company this year will drive revenues and expectations up,” Evans reports. “Apple carries a competitive advantage that’s based on more than just its software, Wu explained: “The company’s focus, vision, industrial design, and integrated approach with hardware, software, and service help create its easy-to-use and best-selling products. ‘We believe this unique approach is engrained in Apple’s DNA and culture since its founding in 1976. We believe running a company this way is more difficult to execute than most think and Apple has Steve Jobs, one of technology’s top visionaries, who helps it maintain its position as an innovator and trend setter, not a follower.'”
Full article here.
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