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Apple makes more money per handset sold than RIM and Motorola combined – and here’s why
Much like the iPod before it, the success and vision of the iPhone forced a slew of companies to step up their game in a serious way, but in the end, no competing device has yet been able to hold a candle to Apple’s offering. From a business standpoint, Apple’s success with the iPhone is similarly difficult, if not impossible, […]
Continue reading...Goldman Sachs resumes coverage of Apple with $430 stock target
14. December 2010
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Shortly before shares of Apple jumped to an all-time intraday high yesterday of $325.06, and before shares closed at an all-time closing high of $321.67, Goldman Sachs resumed its coverage of Apple with a respectable $430 price target. To support the price target, Goldman Sachs analyst Bill Shope argues that other analysts are needlessly worried about […]
Continue reading...Investment firm CLSA pegs Apple stock target at $400
13. December 2010
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In the latest addition to a growing list of analysts and investment firms, the investment firm CLSA recently upgraded their stock target for Apple shares to $400, up from a previous target of $365. Our recent survey of 1,039 US consumers and supply chain checks suggests our iPhone unit estimates are too low, especially when […]
Continue reading...Microsoft is a better stock buy than Apple? Puhleeze
7. December 2010
I thought Motley Fool was supposed to be a source of good investment advice, but if this article from Chris Baines is any indication, MF readers might as well divest immediately and either put their money under their mattresses or invest in magic beans. Baines attempts, quite unsuccessfully, to articulate why Microsoft is a better […]
Continue reading...Analysts ups Apple’s December quarter EPS estimate to $5.21
29. November 2010
Barron’s reports on a new research report from Stifel Nicolaus analyst Douglas Reid who recently raised his holiday quarter EPS estimate for Apple from $4.93 to $5.21. … “following recent store checks and industry data that suggest Mac, iPad and iPhones are tracking above our previous estimates.” He inches up his iPad unit forecast to […]
Continue reading...Dan Loeb’s Third Point invests in Apple
23. November 2010
The Wall Street Journal profiles three billionaire investors to see what stocks they’re tracking and investing in these days. Dan Loeb’s Third Point is one of the most successful hedge funds of the past decade. Loeb probably makes about a billion a year off the fees his fund generates. By his picks we can see […]
Continue reading...AT&T posts strong revenue and earnings growth; activates 5.2 million iPhones
25. October 2010
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AT&T last week reported a record third quarter with earnings of $2.08 a share on revenue of $31.58 billion. During the same quarter a year-ago, AT&T posted earnings of $0.54 a share. The upshot in earnings was no doubt bolstered in part by a record number of iPhone activations – 5.2 million in total. AT&T’s previous […]
Continue reading...Piper Jaffray raises Apple stock target to $429
19. October 2010
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In the wake of Apple’s record breaking quarter, Piper Jaffray analyst Gene Munster upped his stock targer for Apple shares from $390 to $429. In a note issued to clients, Jaffray writes: While shares of Apple may pull back today (10/19), we would be buyers based on our belief that investors will gain optimism over […]
Continue reading...Apple posts best quarter EVER – $20.34 Billion in revenue and $4.31 billion in profit
18. October 2010
And the band played on. Once again, Apple blew away Wall St. expectations with a blowout quarter of $4.31 billion in profit on $20.34 billion of revenue. In the same quarter a year-ago, Apple posted revenue of $12.21 billion and profits of $2.53 billion. Yes folks, that’s more than a 50% increase in both revenue […]
Continue reading...What analysts are expecting from Apple’s earnings report
18. October 2010
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Ahead of Apple’s earnings report, analysts continue to adjust and calibrate their financial estimates for the consumer electronics giant. But analysts aren’t the only ones taking notice. Investors finally seems to have internalized how strong Apple’s financials are, rewarding the stock with an unprecedented run up to $319 as of this morning. Apple’s earnings report will […]
Continue reading...In just 3 years, iPhone accounts for majority of mobile profits with relatively small marketshare
15. October 2010
Some solid charts, per usual, from Asymco, plotting out profits v marketshare among various mobile tech companies over the past few years. It’s really astounding how in just three years time Nokia went from being a dominant force in mobile to a company desperately trying to stay relevant. But this chart is the most telling of all. […]
Continue reading...Analyst raises Apple stock target to $500
15. October 2010
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As Apple’s share price continues to climb to new highs, Hudson Square Research analyst Daniel Ernst recently raised his price target for Apple share to $500. With the launch of the iPhone, the App Store, the iPad, and the relaunch of Apple TV, we estimate Apple’s total addressable market for hardware, content, and services expanded from […]
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23. December 2010
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