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AAPL shares slide on analyst downgrade - buying opportunity?
9 to 5 Mac - Apple Intelligence —
... It’s not all doom and gloom on Apple stock, with CNN’s Philip Elmer-DeWitt predicting Apple will sell 5 million iPhones in the current quarter, citing Piper Jaffray analyst, Gene Munster. ...
Gene Munster: Apple to Sell 5 Million iPhones This Quarter
MacBlogz - One Stop Apple News —
... each sale as opposed to spreading it out over the average service contract of two years. “Munster on Monday increased his estimate of Apple’s fourth quarter earnings 13%, from his previous estimate of $1.04 a share to $1.17 a share (the Street estimate is $1.11 a share). But under his new metric, booked EPS would come in at $1.60 a share, up 15%.” He has additionally kept an unwavering AAPL price target of $250 for 2009, allowing for substantial room to grow.
[via Fortune]
Analyst: Apple on track to move 5 million iPhones in Q4
Infinite Loop —
[image] Apple's fiscal Q4 ends next Tuesday, and according to Piper Jaffray's Gene Munster, Apple should post sales of 5 million iPhones . If so, the number will beat previous estimates, and Apple will have moved 7.5 million this year. This should help the company handily reach its stated goal of 10 million iPhone sales in 2008. ...
Apple’s 10-Million Mac Year, Also Its 10-Million iPhone Year?
Digital Daily —
... Apple’s fiscal fourth quarter will end Tuesday, Sept. 30. And when it does, it will have been a five-million iPhone quarter. This according to Piper Jaffray’s Gene Munster, who, in a research note to clients, said the iPhone will account for a “meaningful percentage” of Apple’s booked revenue for the first time ever this quarter. ...
Analyst roundup: 5m iPhones for Q4, gloomy Christmas ahead
The Unofficial Apple Weblog (TUAW) —
... Widely-read Piper Jaffray analyst Gene Munster is revising his prior estimate for the quarter ending a week from Tuesday, and his outlook is even rosier than before. ...
Apple on track to move 5 million iPhones this quarter
MacBytes.com —
... today, but Apple is generating some buzz of its own. Piper Jaffrays Gene Munster, one of the most closely watched analysts who track Apple, has revised his estimates for the companys fourth quarter sales, and his outlook is even rosier than before. Munster has raised his previous iPhone 3G sales estimates from 4.1 million by the end of September to a more optimistic 5 million units . Given that about 2.4 million first-generation iPhones are already in circulation and Apples claims of ...
Why Apple shares took a nosedive
MacBytes.com —
... , who tend to be bullish on the stock, blamed the price collapse on short-sellers who dumped Apple shares even before news on the bailout vote came out. Apple’s fiscal year ended on Saturday, Sept. 27. The company is expected to easily beat its guidance numbers on the strength of record sales of iPhones and MacBook computers. See, for example, here . UPDATE: In a note to clients issued Monday afternoon, Piper Jaffray’s Gene Munster cited Huberty and Abramsky’s downgrades as the primary reason for Apple’s falloff, but downplayed their concerns. His bullet points: Consumer is ...
Microsoft and RIM? I Don't Think So.
louisgray.com —
... points out, server integration would be a potential nightmare. With iPhone's increasing momentum, would Microsoft and RIM risk potential loss while the integration takes place? Not to mention, RIM's co-CEOs ...
