“Apple is enjoying a relief recovery of sorts today after a rough and tumble week last week characterized by the highs and lows of new products and rumors about Steve Jobs and his health,” Jim Goldman reports for CNBC.
“It started with a note from Mike Abramsky at RBC Capital, now calling for a “breakout” fiscal fourth quarter because of iPhone,” Goldman reports.
MacDailyNews Note: Please see related article RBC analyst: iPhone 3G sales to skyrocket; Apple to easily exceed 10 million units in 2008 goal – June 16, 2008
Goldman continues, “At the same time, Pablo Perez-Fernandez, the wireless analyst at Global Crown Capital, issued a note this morning reiterating the difficulty that iPhone presents for Motorola which is already feeling its fair share of problems.”
MacDailyNews Note: Please see related articles:
• Motorola halves R&D labs, axes 150 research jobs – June 16, 2008
• Apple iPhone 3G may cause both handset makers and wireless carriers to suffer – June 16, 2008
• Apple gets aggressive with iPhone 3G; could hurt RIM and others – June 16, 2008
Goldman continues, “As analysts start to get their arms and heads around Apple’s longer term prospects (and I’ve only given a cursory mention to iPod and haven’t even mentioned the enormous growth enjoyed by the Mac), investors will likely be handsomely rewarded.”
Full article here.
[Thanks to MacDailyNews Reader “Mike in Helsinki” for the heads up.]
MacDailyNews Note: Thank you for your patience as our developer continues working on figuring out why the index page is suddenly causing our site to grind to a halt. We hope to have the solution soon.