07.16.07 - 12:49pm
Piper Jaffray analyst Gene Munster is maintaining his “Outperform” rating and a $160 target price on Apple’s stock as he predicts that Apple will report revenue above Wall Street’s US $5.3 billion estimate for June quarterly earnings.
Regarding the iPhone he said, “We have modeled for 200,000 iPhone shipments in the June quarter and the Street [...]
06.13.07 - 04:10pm
Apple’s shares have dropped sharply following news on Wednesday that the new web browser Safari had numerous bugs, on what many perceived as a lackluster keynote speech by Steve Jobs at the WWDC, and on fears that the iPhone won’t live up to the hype.
Apple’s stock has been on an unprecedented rise with the continued [...]
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 [...]
03.28.07 - 01:40pm
Today Piper Jaffray has issued a mid-day report regarding iPod sales for 2007. The report shows that iPod sales didn’t quite reach anticipated levels. Sales maxed at only 10.3 million units instead of the estimated 11 to 12 million units, due to a slow-down of sales in February.
In the past iPod sales have grown in [...]
03.14.07 - 12:59pm
Apple stock is currently selling for 89.12 after the iPod jump helped leap it from lows in the $30’s. Analysts have continued to raise the target price on Apple since Christmas with new products such as Apple TV and the much publicized iPhone soon to hit the market.
USB anaylst Ben Reitzes believes Apple’s multi-touch display [...]