Analyst ups AAPL estimates; says iPad killers ‘delayed, underwhelming or both’

Apple Online StorePhilip Elmer-DeWitt reports for Fortune, “Stifel Nicolaus’ Doug Reid raised his Apple (AAPL) price target modestly Thursday — to $360 from $350 — in a note to clients that poured praise on the company and scorn on its competitors.”

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“Reid sharply increased his estimate for iPad unit sales in Apple’s fourth fiscal quarter to 5.4 million from 3.6 million, citing ‘robust demand'” in the U.S. and Europe and supplies adequate to meet it,” P.E.D. reports. “Although Apple’s competitors are rushing iPad look-alikes to market, he says, only one is available for sale and all are likely to be, in his words, ‘disadvantaged by unsuccessful attempts to integrate first generation tablet hardware with mobile OSes (Android 2.2/3.0, Chrome) that remain either nascent or entirely unproven relative to Apple’s nearly 4-year old iOS.'”

Read more in the full article, which includes Reid’s iPod and iPhone estimates, here.

MacDailyNews Take: “Any product that is essentially a copy of something else… there’s something inherently less interesting about them. Because the companies that make them don’t lead, they follow.” – Paul Thurrott, March 19, 2009

[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]

50 Comments

  1. iPad and other Apple products are great if you can stay within its narrow Apple sanctioned usage.

    The tablet line that provides the most versatility and user choice will be ultimately crowned the winner in the market place.

    I see a danger in companies like Apple and RIM who are locking users into their walled gardens.

    I think the ultimate winner will be Google’s Android, as their tablet software will remain independent of hardware, so a RIM or even a iPad user could eventually replace their native OS with Android and be compatible with the rest of the world.

  2. iPad and other Apple products are great if you can stay within its narrow Apple sanctioned usage.

    The tablet line that provides the most versatility and user choice will be ultimately crowned the winner in the market place.

    I see a danger in companies like Apple and RIM who are locking users into their walled gardens.

    I think the ultimate winner will be Google’s Android, as their tablet software will remain independent of hardware, so a RIM or even a iPad user could eventually replace their native OS with Android and be compatible with the rest of the world.

  3. Just as Apple has a consumer & Pro line in desktops & laptops, I don’t see why Apple might be working on a Pro Line tablet geared toward commercial/institutional use.
    iOS is still young as is the multitouch component & Apple has certainly got cards it hasn’t shown.

  4. Just as Apple has a consumer & Pro line in desktops & laptops, I don’t see why Apple might be working on a Pro Line tablet geared toward commercial/institutional use.
    iOS is still young as is the multitouch component & Apple has certainly got cards it hasn’t shown.

  5. Jubei, I wouldn’t be surprised if you’re the one who posted the fake R2 post. It’s got your name written all over it. I think you’re in love with me, kid.

    @@R2,

    I won’t be smoking anything until tomorrow night at the earliest. If you’re proposing that my judgment of webOS as superior to iOS (in certain areas) was clouded by sweet THC, then I beg your pardon. It’s not too hard to find many who agree. The webOS Cards system makes iOS multi-tasking look like a tacked on afterthought. Cards is seamless and graceful, and arguably the best multi-tasking mechanism on any mobile device today.

  6. Jubei, I wouldn’t be surprised if you’re the one who posted the fake R2 post. It’s got your name written all over it. I think you’re in love with me, kid.

    @@R2,

    I won’t be smoking anything until tomorrow night at the earliest. If you’re proposing that my judgment of webOS as superior to iOS (in certain areas) was clouded by sweet THC, then I beg your pardon. It’s not too hard to find many who agree. The webOS Cards system makes iOS multi-tasking look like a tacked on afterthought. Cards is seamless and graceful, and arguably the best multi-tasking mechanism on any mobile device today.

  7. It’s interesting to see that in the mainstream, the term “i__ Killer” has come to mean the opposite.

    “i__ Killer” is now a sly term for an also-ran, cheap copy, day-late and a dollar-short, over-promised and under-delivered genuine fake.

    And every time this ironic term is being used, the other side of the coin shows that Apple’s product is authentic and of market-leading-quality.

    Bring out your iPad, iPod, and iPhone Killers!

  8. It’s interesting to see that in the mainstream, the term “i__ Killer” has come to mean the opposite.

    “i__ Killer” is now a sly term for an also-ran, cheap copy, day-late and a dollar-short, over-promised and under-delivered genuine fake.

    And every time this ironic term is being used, the other side of the coin shows that Apple’s product is authentic and of market-leading-quality.

    Bring out your iPad, iPod, and iPhone Killers!

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