12.18.07 - 02:05pm
Apple has introduced new iPods for the holiday quarter since the iPod revolution first began in 2001. This year, however was especially significant as Apple brought video to the nano and added touch to the Touch introducing “radically different” iPods.
Due to the complexity of the new iPods and the insurgent high demand analyst Gene Munster from Piper Jaffray says that he believes Apple may have sold 24 to 25 million iPods in the first two months of the December quarter, beating Wall Street’s consensus of approximately 23 million.
“While it is too early to make a definitive call on December quarter iPod results, we have analyzed the first two months of NPD data (October and November) for the quarter and found that it suggests iPod units of 24m-25m,” said Munster.
“Apple has announced new iPods in September for the last three years, but this year’s models are significantly more innovative than the past upgrades,” Munster said. “As such, we believe the new iPods are driving sales earlier in the December quarter (in October and November) to a greater degree than in the past.”
Category: apple, iPod | Tags: apple, ipods, piper-jaffray, quarter-sales | Be the First to Comment »
11.19.07 - 03:30pm
Piper Jaffray has just added Apple to his Alpha List of stocks. The Jaffray Alpha list, is a list of stocks whose shares hold extreme potential for significant near-term appreciation due to particular market conditions and catalysts.
The market condition for Apple is of course the upcoming holiday season. Noted by Jaffray is that for the last four years Apple’s stock has increased by an average of 42.5 percent between Oct. 1 and Dec. 1st. “We believe there is potential for similar gains this year for several reasons,” he wrote. “In recent years Apple has announced new or updated iPods in the fall, and this year is no exception. We believe the new iPod touch, iPod classic, and iPod nanos give Apple its strongest product line-up for the holidays in company history.”
Category: apple | Tags: apple-stock, macworld, piper-jaffray | Be the First to Comment »
07.02.07 - 12:53pm
The iPhone has launched and shouts of “I got it!” heard in the street began the evening of June 29th, a day destined to go down in history as iDay.
The launch of iDay had over 200,000 units going out the door. Over half the stores sold out in the first 24 hours and total over the weekend saw between 500,000 to 600,000 iPhones sold.
Harry E. Blount of Lehman brothers wrote, “There are 1,800 AT&T stores around the nation and we estimate that they each received 60-70 iPhones for the launch for a total of 108,000-126,000 phones in the U.S… We estimate that at least 154,000 were shipped in time for the launch to Apple stores in aggregate (177 stores as of March quarter). Given that most of them had sold out by Saturday that means Apple sold at least an estimated 270,000 phones (AT&T and Apple) in aggregate…”
Category: iPhone | Tags: availability, gene-munster, iday, iphones, june_29th, launch, piper-jaffray | Be the First to Comment »
06.07.07 - 12:29pm
“We believe Apple can sell 45 million iPhones in calendar year 2009,” said analysts from Piper. “While this may seem like a bold prediction, we believe a number in this area is not as far of a reach as some may think.”
And with these bold words Apple’s stock is on the rise again reaching an all time high of 127.61 so far today.
Senior analysts Gene Munster and Michael Olsen back their 45 million iPhone expectations saying that Apple will seize a 7 percent market share in North America and a 2.8 percent market share in the rest of the globe.
“We assume Street pricing on iPhone will have dropped to $338 by calendar year 2009 from $542 in calendar year 2007. Additionally, it is critical to keep in mind that the iPhone will be a combo device (iPod and mobile handset), which will attract more than just a mobile phone customer,” said the analysts. “We believe we have factored cannibalization of iPod from iPhone into our model by lowering iPod growth rates from 35 percent or more year-over-year growth in fiscal year 2007 (and prior years) to 10-15 percent year-over-year in fiscal year 2008 and fiscal year 2009.”
Category: apple, iPhone | Tags: analysts, apple-stock, iPhone, piper-jaffray, target_price | Be the First to Comment »
