Analysts at JMP Securities have initiated coverage of Apple Computer (AAPL) with a rating of “Strong Buy.”
The firm has set their 12-month Apple Computer price target at $70.
Advertisements:
• Introducing the super-fast, blogging, podcasting, do-everything-out-of-the-box MacBook. Starting at just $1099.
• Get the new iMac with Intel Core Duo for as low as $31 A MONTH with Free shipping!
• Get the MacBook Pro with Intel Core Duo for as low as $47 A MONTH with Free Shipping!
• Apple’s new Mac mini. Intel Core, up to 4 times faster. Starting at just $599. Free shipping.
• iPod. 15,000 songs. 25,000 photos. 150 hours of video. The new iPod. 30GB and 60GB models start at just $299. Free shipping.
• Connect iPod to your television set with the iPod AV Cable. Just $19.
• iPod Radio Remote. Listen to FM radio on your iPod and control everything with a convenient wired remote. Just $49.
Related articles:
Analyst: ‘Boot Camp Effect’ to play significant role in Apple Mac market share gains – July 10, 2006
UBS maintains ‘buy’ rating on Apple shares with price target of $90 on strong Mac demand – June 21, 2006
BusinessWeek: big market-share gains coming for Apple’s Macintosh – June 15, 2006
Analyst: Apple Mac market share primed to explode; iPod Halo Effect to become increasingly important – June 13, 2006
Does Mac market share even need fixing? – June 08, 2006
Analysts: Apple Mac market share to surge by end of 2006 – June 07, 2006
Analysts expect Apple’s new MacBook to drive market share gains in near future – May 17, 2006
Many believe Mac market share increases coming now that Apple Macs can run Windows applications – April 25, 2006
Apple ready to take back market share; may debut Windows virtualization in Mac OS X Leopard – April 21, 2006
Pre-Boot Camp report: Apple could double market share on Microsoft defections – April 13, 2006
Apple Mac primed for market share gains as consumer portable market grows – April 12, 2006
Analyst: Apple Boot Camp could be an opportunity for Mac market share gains – April 06, 2006
Apple’s ‘Boot Camp’ a watershed, could dramatically expand Mac market share – April 05, 2006
Dude, you got a Dell? What are you, stupid? Only Apple Macs run both Mac OS X and Windows! – April 05, 2006
Why buy a Dell when Apple’s Intel-based computers will run both Mac OS X and Windows? – June 08, 2005
Neat.
Finally, a company with a strong buy on AAPL with a realistic, not up in the clouds price estimate.
Joe somebody: I can do better than that. I hereby initiate a ‘strong buy’ recommendation on aapl, with a target price of $60. That way, I cover my %#@, and still make headlines. Just don’t ask me when it’ll cross the $60 barrier, because it will probably happen a bunch of times going each way. I will only add that my recommendations are for very long term investors. How’s that for going out on a limb?
And for Steve Jobs sake why is it rated a Strong Buy?
Is it just so this JMP Securities can sell off their Apple stock which is tanking rather fast lately?
The big “PowerMac G5”, the “X-Serve G5” and “iPod” buying sprees are over. Repeat OVER.
The US economy is not doing so well because the cost of living is getting insane.
If Apple comes out with a Cell based Mac Pro and X-Servers, then hold on to your hat kiddies the stock is going to fly!!!
If it’s just Intel processors, forget it, everyone will have these processors and can undercut each other and Apple.
Mac OS X alone is not enough to move Apple hardware, the Cell+ is coming, the Cell+ is coming!!!
12 month target….as in by July 2007 we expect it to be at $70 a share….which $15 a share lower than it was 7 months ago in January 2006.
Impressed? Not me.
Heard this story before. YAAAWWWWWWNNNNNNN
Next story……
AttN: MDN poster Gregg Thurmann you predict $70 a share by July 21.
Where are you?
Mesh, get a life. Maybe you’re life is tanking, and yes the G5 machines are history, but many of us are experiencing business growth and I KNOW there is pent up demand for new Pro Mac, Intel powered machines. My company postponed buying me a G5 Quad last year so this year I get to buy two new Pro Macs when they appear. We need machines with multiple fast internal hard disks for Final Cut and ProTools work.
Your psycho babble about cell processors in Macs is total bunk, it’s never going to happen.
Other companies can undercut Apple on price, so what? It means nothing. Apple customers pay more and GET more.
The Cell is coming? Sheesh, you’ve been reading way too many IBM press releases.
Cell better come to Apple’s pro line, they are not going to be able to move their expensive hardware against the likes of Dell and HP.
Yeah, yeah, free speech and all that. But this is a private site and he’s really annoying. And usually adds nothing. Come on, MDN, get rid of this idiot.
Jake