Piper Jaffray analyst Gene Munster has reiterated his “Outperform” rating on Apple Inc. (AAPL) after describing Apple’s iPhone launch as a “success.”
Munster raised his price target on Apple from $205 to $211 per share.
“It is more important that Apple builds the iPhone segment for the long term than for an impressive launch day number.” Munster said in a note to clients.
To Explain retail :
Apple sales need to be allowed for other shops and they need to allow more people to change the Margin when the sele them .
Retail is quite Powerful and Apple needs many stores to sell and perform for them .
Apple will not like it but they may need to.
Has anybody noticed how many MDN posts were dedicated to AAPL?
OK is this sight about the MAC or Apple’s fucking stock price?
Give it rest MDN.
Analysts are reactive, as demonstrated by the groupthink raising or lowering of stock price estimates or buy/sell/hold recommendations. It is like watching a bunch of lemmings. I love seeing a stock drop a bunch, and then watching the analyst lemmings suddenly change their former buy recommendations to a hold or sell. If the stock was a buy at a higher price, then why isn’t it a strong buy at a substantially lower price? In many cases, these are simply price momentum recommendations and are not based on any new “knowledge” about the company or its products/services.
The fact is that many of the MDN regulars are more informed about important aspects and long-term implications of Apple products than are the analysts. If these analysts were so good at predicting the future, then they would be very wealthy and powerful. Draw your own conclusions.