Archive | Analysis RSS feed for this section
Analyst still down on Apple, and why the iPod market might not be saturated
Apple announced stellar earnings this week, but one analyst remained unimpressed. Last week, RBC analyst Mike Abramsky downgraded Apple to an “Underperform” rating and lowered his price target for the stock down to $70. Surprisingly, though, Abramsky’s view of Apple didn’t change much, if at all, following Apple’s earnings conference call earlier this week. Abramsky […]
Continue reading...Is Apple going to sue Palm?
22. January 2009
At yesterdays earnings conference call, Tim Cook made some revealing statements that some are interpreting as thinly veiled threats against Palm. In response to a question about iPhone competitors, Cook noted that Apple welcomes competition in the smartphone market, but that it won’t sit idly by and have its intellectual property ripped off. We like […]
Continue reading...Apple netbooks and why analysts are clueless
21. January 2009
With Apple set to announce earnings later today, talk of Apple sales suffering due to the increasing popularity of netbooks is rampant. It’s a valid point to make, and if consumers want an Apple netbook, then more power to ’em. It’s a whole another story, however, when analysts start predicting doom for Apple because it […]
Continue reading...iPhone Accounting – Why Apple got it right
21. January 2009
Andy Zaky has an interesting article up over at Bullish Cross where he argues that by accounting for the purchase price of an iPhone over the course of 24 months, Apple is shooting itself in the foot as investors and analysts won’t fully appreciate Apple’s financials. The underlying problem with the subscription method of accounting […]
Continue reading...Apple shares hit new 2 year low
20. January 2009
Shares of Apple stock closed down today at $78.20, representing the stocks lowest trading price in just over two years. Last year at this time, Apple was trading at $192 a share before weaker than expected earnings forecasts brought the stock back down to earth in early 2008. Since hitting an all-time high of […]
Continue reading...The Most Expensive iPhone Apps (worth paying for)
19. January 2009
This list first started as a compilation of the most expensive iPhone Applications, but we soon found (not surprisingly) that there was quite a bit of crapware priced at well over $100. These highly priced apps typically had 1 star reviews (if any), and often offered functionality about as complex as a stopwatch or a […]
Continue reading...RBC downgrades Apple with $70 price target
18. January 2009
RBC analyst Mike Bramsky downgraded Apple to an “Underperform” rating, and lowered his target price for the company to $70, down from an initial target of $125. In explaining his decision, Bramsky argued that current economic conditions are affecting the extent of consumer purchases in electronic devices. He also expressed doubt about Apple’s future given […]
Continue reading...Does Apple have anything to fear from the Palm Pre?
12. January 2009
With CES behind us, one of the biggest surprises was the announcement of the Palm Pre, Palm’s latest entry in the smartphone market. Designed in part by Jon Rubenstein, a former Apple executive, the Palm Pre is a multi-touch screen phone with a pull out QWERTY keyboard that some pundits think has the best chance […]
Continue reading...Dan Lyons gets paid to write for Newsweek?! Pt. III
11. January 2009
Newsweek columnist Dan Lyons is up to his old tricks again with a new article about Apple that is more about tabloid-esque personal attacks against Steve Jobs than actual substantive reporting. I’m not a tech-industry insider, so I can’t shed any light on why Dan Lyons seems to have a personal vendetta against Steve Jobs, […]
Continue reading...Apple planning to attend CES in 2010? Are you for real!?
10. January 2009
AppleInsider is corroborating earlier rumors suggesting that Apple is planning to attend CES in 2010. Wow. At first glance, the rumor seems preposterous. After all, didn’t Apple say that Macworld, which also takes place in January, put too much pressure on the company to come up with a razzle and dazzle product on someone else’s […]
Continue reading...iPhone and iPod Touch web marketshare surges
10. January 2009
New data released by AdMob shows that the number of people using an iPhone or iPod Touch to connect to the internet is growing at an impressive rate. AdMob, which runs an ad network for mobile websites, compiled the following data in December 2008. Smartphones Worldwide Worldwide, the #1 source of smartphone web requests to […]
Continue reading...No DRM is great, but people are over-reacting
8. January 2009
Phil Schiller recently announced that the iTunes store was going fully DRM-free, and for whatever reason, people are still finding something to complain about. First off, Apple is charging 30 cents a song to upgrade to a DRM-free library. Does it suck? Is it annoying? Sure, but people need to calm the f down. I […]
Continue reading...
23. January 2009
2 Comments