[alingtonsky]

October 2010
...
The iPad has already cut into U.S. notebook sales, according to a report from Morgan Stanley tech analyst Katy Huberty. In January, when the iPad was announced, notebook sales grew by 29% compared to the same period the year before. By July, sales rose by only 2%. Accordingly, Huberty lowered her forecasts for global growth in PCs, projecting notebook sales to increase 17% this year (down from her previous estimate of 20%) and 12% in 2011. Desktop sales will be downright anemic, eking out only 3% growth next year.
Some observers believe it's too early to declare the iPad a PC slayer. "There is very little hard evidence that the iPad is killing notebook sales, and to say so represents the height of hysteria and speculation," wrote Stephen Baker, an analyst at research firm NPD Group, on the company's blog in September. He blamed sagging notebook sales growth on other factors, such as the lack of pricing deals from vendors. However, it's important to remember the iPad is a new product, and a slew of tablets will be released next year. Analysts expect consumers may put off upgrading laptops and buy tablets instead. Households that used to have shared family desktops and laptops for the kids could replace those laptops with tablets. Already, one study of American iPad owners found nearly half use it as their primary computing device.
All of this means that growth in PC sales will slow. "The role of the personal computer is diminished," says Mark Margevicius, a research director at Gartner. That, in turn, means growth for companies such as Intel, Dell, HP and Microsoft will stall, unless they figure out ways to profit from the new computing wave.
....

Death of the PC | Technology | Trends | Canadian Business Online

[alingtonsky]

15 Ottobre, 2010

RBC Capital Markets crede che Apple pubblicherà la prossima settimana un'eccelente trimestrale. La casa d'investimento stima che l'impresa della mela abbia venduto lo scorso trimestre 13,5 milioni di iPhones, 5 milioni di iPads, 3,7 milioni di Macs e 9,4 milioni di iPods. RBC si attende ricavi di $20,3 miliardi ed un utile per azione di $4,48. RBC ha alzato anche le stime sui risultati di Apple per i suoi anni fiscali 2010 e il 2011. RBC prevede ora per il 2010 ricavi di $65,2 miliardi ed un utile per azione di $15 e per il 2011 ricavi di $86,2 miliardi ed un utile per azione di $19,27. RBC continua a giudicare Apple "Outperform" con un target sul prezzo a $350.
Apple pubblica la sua trimestrale lunedì prossimo. Gli analisti prevedono in media ricavi di $18,76 miliardi ed un utile per azione di $4,03.

Apple: RBC si attende una trimestrale con il botto

[Grecale]

4 mesi fa Apple Inc. (Nasdaq : AAPL) | Viaggio a Wallstreet
Sia i target fondamentali 15-16$ che di quota 320$ sono stati rispettati

Se adesso storna un pò mi fa un piacere

[alingtonsky]

December 13, 2010 7:15 AM EST

Goldman Sachs resumes coverage on Apple (NASDAQ: AAPL) with a Conviction Buy list rating and $430 price target, representing 34% upside.

The firm called Apple's platform-centric business model it's "secret sauce" that has
enabled it to quickly capture market share in new computing segments while simultaneously enjoying considerable margin leverage.

Significant growth and profit opportunities for this platform still lie ahead, according to the firm.

Goldman SAchs expect Apple to ship 37.2 million iPad units in CY11.

Their $430 price target is based on 20x 2011 EPS of $21.46.

StreetInsider.com - Goldman Sachs Rates Apple (AAPL) at Conviction Buy, Sees 34% Upside


http://it.babelfish.yahoo.com/

[alingtonsky]

Steve Jobs, cofondatore di Apple, è morto

Steve Jobs, Who Built Most Valuable Technology Company, Passes Away at 56 - Bloomberg

[augustus2906]

Grande Steve, sicuramente il più importante punto di riferimento per tutti coloro che amano l'Informatica...

[alingtonsky]

il target price indicato dagli analisti di Goldman Sachs il 13/12/2010 , come scritto in un messaggio precedente, è stato quasi raggiunto oggi ( massimo intraday $ 426,7 )

[alingtonsky]

11:20 AM, Sep. 21st ET, 2011

.... Goldman Sachs analyst Bill Shope has raised is twelve month target price for the company’s stock from US$480 up to $520.
“Apple’s momentum appears even more resistant to macroeconomic pressures than we previously realized,” Mr. Shope said, according to Barrons. “Wwe believe the stock has significant upside from current levels — even after recent outperformance.”
Apple has managed to continually grow its iPhone and iPad user base, and Mac sales continue to rise even as the over all PC market slows down.
Mr. Shope raised his December quarter (first quarter) iPhone sales estimate from 26.3 million units up to 26.8 million. He is also expecting Apple to sell some 16.92 million iPhones in the quarter, along with 13.05 million iPads.
Along with his revised sales estimates, Mr. Shope bumped up his fourth quarter revenue estimate from $27.37 billion up to $28.71 billion with an EPS of $7.30, up from $6.49.
Mr. Shope’s $520 target price for Apple’s stock comes with a “Buy” rating.

Goldman Sachs Bumps AAPL Target to $520 on Strong Sales | Apple Stock Watch | The Mac Observer

October 17, 2011, 10:44 AM ET
....
Apple will report results tomorrow afternoon, after market close.
Credit Suisse’s Kulbinder Garcha this morning reiterates an Outperform rating and a $500 price target. raised his estimate for fiscal Q4, the September quarter, to $30.5 billion in revenue and $7.44 in EPS, up 7% from his prior estimate, given what he thinks were better-than-expected iPhone 4 sales last quarter. He also raised his fiscal 2012 profit estimate by 75 cents to $36.76 per share.
Garcha is estimating Apple shipped 20 million iPhone units last quarter, for 17% globe smartphone share, and will ship 27 million units this quarter. He also expects Apple will ship 12.7 million iPads this quarter.
And Richard Gardner with Citigroup this morning raised his price target to $500 from $480 as he raised his Mac and iPhone estimates.
Gardner increased his fiscal Q4 Mac estimate to 4.4 million units from 4.2 million, “due to strong demand for the refreshed MacBook Air” and the actual number could turn out to be higher. He also sees some mergin benefit in DRAM and NAND contract price declines.
Gardner raised his EPS estimate for Q4 to $8.54 from $8.14.
He’s modeling 22 million iPhone units last quarter, and 28 million this quarter, though he notes the “supply chain is gearing up to build well over 30 million iPhones in calendar Q4.
“These builds seems consistent with strong initial demand for the 4S, suggesting another stellar quarter in Q4.”
And RW Baird & Co.’s William Power reiterated an Outperform rating and raised his price tart to $525 from $485, writing that “we expect another strong quarter,” referring to fiscal Q4.
Power raised his EPS estimate to $7.23 from $6.70, on an expectation for gross margin of 41%, up from his prior 39.6% estimate. His unit estimates stay the same for the quarter at 9.04 million iPhones sold and 9.84 million iPads.
For fiscal 2012, Power now models $135.69 billion in revenue, up from a prior $130.17 billion, and gross margin of 41.3%, up from 39.5%. He sees Apple turning in $34.59 in EPS for the year, up from a prior $31.28 per share. That’s on units of 104.8 million iPhone units, up from 98.26 million previously.

Apple: Estimates, Price Targets Rise Ahead Of FYQ4 - Tech Trader Daily - Barrons.com


THE APPLE INVESTOR: What To Expect Tomorrow From Apple As Analysts Raise Estimates

[alingtonsky]

10/18/2011 @ 9:08PM

While Apple' s September quarter results came in short of Street expectations due to lighter-than-expected iPhone sales ahead of the company’s recent launch of the brand spankin’ new iPhone 4S, there was still plenty to like in this afternoon’s report.
BTIG analyst Walter Piecyk this afternoon repeated his Buy rating on the stock, raising his target on the shares to $550, from $500. He also raised his EPS forecast for the September 2012 fiscal year to $33.50 a share, from $29.50; for FY 2013 he goes to $37.50, from $32.50.
“Apple beat our revenue, gross margin and EPS estimate for Fiscal Q4 on strong MacBook Air sales but failed to match Street estimates that were overly optimistic on iPhone sales estimates that did not adequately factor in an expected lag ahead of a new product launch,” he writes in a research note. “The company flagged this issue on their last quarterly call and it has been a historical pattern ahead of past product launches.”
Piecyk said he continues to be focused on “the potential of the upcoming calendar Q4 and more importantly the significant opportunity from the global acceleration of smartphone sales at this point in the consumer adoption curve.”
He increased his Q4 iPhone unit estimate to 27.5 million, from 21.5 million. For all of FY 2012, he now expects 100 million iPhone units, up from a previous forecast of 85 million.
“We believe that now is the time to own Apple as there is likely to be an acceleration in smartphone sales as there has been for countless other products that have moved passed this point of penetration in the consumer adoption curve and Apple is the best positioned to benefit from the trend, in our view,” he writes.

Apple: What Miss? BTIG Boosts Estimates, Price Target - Forbes

[alingtonsky]

Jan 25th, 2012
Investment analysts at Canaccord Genuity increased their price target on shares of Apple (NASDAQ: AAPL) from $560.00 to $650.00 in a note issued to investors on Wednesday. They currently have a “buy” rating on the company’s shares.
Separately, analysts at Needham & Company reiterated a “buy” rating on shares of Apple in a research note to investors on Wednesday. Analysts at Wedbush raised their price target on shares of Apple to $585.00 in a research note to investors on Wednesday.
.....

» Apple, Inc (AAPL) Shares Given New $650.00 Price Target by Canaccord Genuity Analysts - LocalizedUSA

January 25, 2012 7:14 AM EST

Goldman Sachs raised its price target on Apple (NASDAQ: AAPL) from $550 to $600 following blow-out results after the close. The firm reiterated their Conviction Buy List rating.

The firm raised FY2012 estimates and now forecast revenues of $148.26 billion and EPS of $40.36, up from $138.34 billion and $35.13. For FY13, the firm now sees revenues of $166.09 billion and EPS of $44.55, up from $160.55 billion and $40.03. For FY14, they firm sees $186.24 billion in revenue and EPS of $49.10, up from $180.83 billion and $43.50.

Despite the huge quarter, Goldman said the year is "chock full of catalysts to drive further share price momentum."

They expect a late March quarter iPad refresh and a lower price point for the iPad 2, as well as a mid-year iPhone refresh. They also expect continued gains for MacBook Air and see an iOS-based television in late 2012 or early 2013. Also, a dividend announcement this year could represent a critical catalyst they said.

..

StreetInsider.com - Goldman Sachs Sees Plenty Of Upside Left in Apple (AAPL), Ups Target to $600

Apple (NASDAQ: AAPL)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank (NYSE: DB) in a research report issued to clients and investors on Wednesday.
Separately, analysts at BTIG Research raised their price target on shares of Apple from $580.00 to $600.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Analysts at Auriga raised their price target on shares of Apple to $650.00 in a research note to investors on Wednesday. Also, analysts at Oppenheimer (NYSE: OPY) raised their price target on shares of Apple from $460.00 to $510.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock.
...

» Apple, Inc (AAPL) Given “Buy” Rating by Deutsche Bank (DB) Analysts - LocalizedUSA

Apple (NASDAQ: AAPL)‘s stock had its “buy” rating reiterated by analysts at Jefferies Group (NYSE: JEF) in a research report issued to clients and investors on Wednesday.
Separately, analysts at FBN Securities raised their price target on shares of Apple to $650.00 in a research note to investors on Wednesday. Also, analysts at Auriga reiterated a “buy” rating on shares of Apple in a research note to investors on Wednesday.

» Apple, Inc (AAPL) Shares Given a “Buy” Rating by Jefferies Group (JEF) Analysts - LocalizedUSA