Apple remains in pole position to monetize the revenue opportunity for mobile Internet devices. The known unknowns are the downside to Mac and iPods. Our target of $170 is 20 times our fiscal 2010 earnings-per-share estimate of $7.15 plus about $27 in net cash per share. Technically, the stock has broken through the $107-$138 trading range and does not run into overhead supply until our price target. Risks include continued weakness in Mac shipments from paucity of value mix. Additional uncertainties are margin pressure from higher component costs and lack of price moves in iPhones.
Full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
Now that I’m first I realize I have nothing intelligent to say.
I thought Blackberry Storm users were getting the pole position. Oh wait… that’s something else.
A masterpiece of technogarble.
“continued weakness in Mac shipments from paucity of value mix”
What? This basically means Apple needs to create and start shipping large volumes of low-price, low-margin computers, to be more like the rest of the industry.
“lack of price moves in iPhones”
And this means what? Apple should raise prices of iPhones or lower them? From what I can tell, Apple is blowing away all expectations for sales if iPhones, both by analysts in the wireless sector and in the computer sector.
For anyone who suffered through reading the drivel I’m the article above, I highly recommend reading “why businesspeople speak like idiots – the bullfighter’s guide”. Babble
like the stuff above makes my head hurt.
I’ll give you a “Pole Position”
An another Analyst that doesn’t know is ass from his elbow and the whole thing is just a bunch of jibberish double speak.
“paucity of value mix”, “Additional uncertainties are margin pressure from higher component costs and lack of price moves in iPhones.” and the winner, “Apple remains in pole position to monetize the revenue opportunity for mobile Internet devices. The known unknowns are the downside to Mac and iPods”
Pointless double speak.
Collins Stewart could have said,”I dribbled Apple Inc. on my shoes!.” and it would have been more insightful and useful too.
“Pole Position” ?
Po’ Schmo, if he’ll get his head out of his accounting books will see …
Apple has already rounded the first turn
And rest of the pack is still in the pits puttin’ air in their tires
Zoom Zoom
BC
This babble is just used to set the profession apart. That’s what nomenclature is for. Doctors have it. Lawyers have it. Business people WANT to have it.
I have a hilarious handout from many years ago in which several children’s rhymes are translated into technical and/or scientific jargon. Jack Sprat and his wife who would eat no fat become “A researcher and his uxorial adjunct, said adjunct failing to ingest adipose tissue” and so on. It’s a riot.
@iPhoner:
LOL!
Collins Stewart: This year’s Mensa Award candidate.
In his analysis he uses an earnings estimate Apple will exceed by April (but gives them 6 more months to achieve), a “PE” 30% lower than AAPL is currently traded at, and adds cash on hand equal to what Apple currently holds (as though it won’t increase over the next 15 months, and calls it all his fiscal 2010 target.
“Now that I’m first I realize I have nothing intelligent to say.”
That’s alright, neither did Collins Stewart.
@ aka Christian
Where can cam we get those translated rhymes?
” The known unknowns are the downside to Mac and iPods. Risks include continued weakness in Mac shipments from paucity of value mix.”
“Additional uncertainties are margin pressure from higher component costs and lack of price moves in iPhones.”
WTF?
What a blowhard?
Imagine having to spend an evening listening to this guy.
Lack of price moves in iPhone? Apple cut the price in half on 3G, and introduced an updated 3GS model. Did I miss something somewhere?
Wow… That’s a lot of words that essentially don’t amount to anything.
Amazing. He actually had nothing to say of any real value. A lot of “filler-speak” to try and make nothing sound like something. Who was he trying to impress with all that babble?
Hey iPhoner
That never seems to stop anyone else around here
No matter the position …
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BC