“Apple’s stock has continued to buck the trend on Wall Street, posting a 14%-plus gain in the four weeks since last month’s issue went to press,” Nate Pile, the editor of Nate’s Notes, explains. “And, while there is always the chance that a negative surprise will suddenly materialize for the company, I continue to believe that the company’s prospects are still the brightest they have ever been, especially when it comes to the company’s computer business.”
Pile writes, “In a nutshell, I believe that analysts are still dramatically underestimating the chances of Apple pulling off a major coup in this space by returning to double-digit market share ‘far sooner than anyone believes is possible.’ In anticipation of a great holiday season, AAPL is now a strong buy under $185 and a buy under $220.”
Source: Nate’s Notes Issue 155
I am long myself
AAPL is the real “surprising” stock, waaay above GOOG.
People will only realize that when it is as big as MSFT in 5 years.
I bought a thousand years ago wen they were under 10 bucks!
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Does this mean that Nate’s chauffeur is a Pile driver?
@TT…. total spit take bro.
Jim TIV
That reminds me of something my sister said once….
(OK, not really)
I don’t think the gentleman who predicted AAPL would go to $600 is underestimating it.
TT: Only if it’s shag.
Hey, Amp. I see what you did there….
Quite a play.
Was it laid wall to wall?
50% market share by 2010. I believe it.
I wonder if Nate’s brother’s name is Gomer?
> returning to double-digit market share ‘far sooner than anyone believes is possible.’
I think Apple is already passed the 10% mark in the U.S., starting the current quarter. At this point, no well-informed buyer is going to want a brand new computer with Windows Vista. I’d guess about 1 in 10 buyers are “well-informed” at this point. The only truly viable alternative is to buy a Mac (with apologies to the Linux folks).
“I wonder if Nate’s brother’s name is Gomer?”
talk about pile driving….
Hey, I heard he raises nuts.
My take?
by 2010:
MS=70% Apple=$25% Linux=
The full extent of the Apple resurgence presently underway will not be fully visible until it is viewed with hindsight…
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He may well be right.
I’d say something very positive is happening with Mac share.
Last week I flew through Chicago Midway and Pittsburgh, and the number of MacBooks and MacBook Pros was astounding.
I have never seen so much Apple hardware in my life, and it was not easy to pinpoint a common demographic among the users.
I did envy an old codger who was using a 17″ MacBook Pro. He couldn’t have cared less if our plane was late.
Well, TT, I was just trying to be “frank” with you.
Um, it won’t happen again.
:-p
In the spirit of the season, I will refer to my nemesis as “FrankenSenseless”.
I was a nemesis once
or was it senseless?
In between spit takes while reading TT and Ampar, I just finishing up helping my 41st switcher since bootcamp was released set up her macbook.
correction “I just finished helping… yadayada”
TT: Let’s just leave out the Frankenberries.
Jim – TIV: You rock!
Do we have to leave out his and Gloria’s son, Frank N. Steinem, too?