buy AAPL:Several analysts at Piper Jaffray, including Gene Munster, issued a research note on Apple (Nasdaq: AAPL) today. Following recent NPD retail data, the report offers an early view of Q1 Mac and iPod sales at Apple.
The firm maintains its Buy rating and $250 price target on shares of Apple. Notably, Apple remains on Piper's Alpha List. Based on analysis of the NPD data, the firm sees Apple's Mac numbers tracking between 2.5-2.7 million for its December quarter. For iPod's, Piper sees data indicating units of 18.5-19 million for Q1. Although the NPD data suggests solid unit sales for both Mac's and iPod's, Piper believes "its too early to call the December quarter..." Despite Street expectations that a deep consumer slowdown has yet to hit the consumer electronic space, Piper believes that Apple "is well-positioned to weather the storm."
With shares of Apple trading around $89.60 today (down 0.7%) , Piper Jaffray's price target represents potential price appreciation of nearly 180% from current levels. Apple, Inc. designs, manufactures, and sells personal computers, portable digital music players, and mobile communication devices, as well as related software, services, peripherals, and networking solutions worldwide. News Provided by Acquire Media Corporation
Make sure you check UYM top 10 holdings plus all other holdings from proshares website...it has CHANGED.....that was the reason for weakness & my sale....
8 comments:
buy AAPL:Several analysts at Piper Jaffray, including Gene Munster, issued a research note on Apple (Nasdaq: AAPL) today. Following recent NPD retail data, the report offers an early view of Q1 Mac and iPod sales at Apple.
The firm maintains its Buy rating and $250 price target on shares of Apple. Notably, Apple remains on Piper's Alpha List.
Based on analysis of the NPD data, the firm sees Apple's Mac numbers tracking between 2.5-2.7 million for its December quarter. For iPod's, Piper sees data indicating units of 18.5-19 million for Q1. Although the NPD data suggests solid unit sales for both Mac's and iPod's, Piper believes "its too early to call the December quarter..."
Despite Street expectations that a deep consumer slowdown has yet to hit the consumer electronic space, Piper believes that Apple "is well-positioned to weather the storm."
With shares of Apple trading around $89.60 today (down 0.7%) , Piper Jaffray's price target represents potential price appreciation of nearly 180% from current levels.
Apple, Inc. designs, manufactures, and sells personal computers, portable digital music players, and mobile communication devices, as well as related software, services, peripherals, and networking solutions worldwide.
News Provided by Acquire Media Corporation
Sentiment : Strong Buy
Hi Madmax,
Thanks for your report on AAPL....
Gene Munster is a major bull on AAPL......
Market is not healthy.....
Not sure what will happen wth GM either.....
So reducing my exposure.....
Saleem
HiF all
I like UYM better then UYG. UYm had good portfollio but GM, F draging down ,UYg looking very weak, c, jpm, gs still going down.thanxs
Hi Ds,
Make sure you check UYM top 10 holdings plus all other holdings from proshares website...it has CHANGED.....that was the reason for weakness & my sale....
Saleem
why is LDK down, even after spectacular earninngs?
Hi all
Thanxs salim.I bought ORCL at 17.30,then sold with loss.Took short position and cover loss. No position.Thinking to buy FWLT.thanxs
Hi Troy,
LDK margins are lower than previous prediction for 09....
Lower margins means lower EPS...so higher sales do not make up for margin....imho
Saleem
Hi Ds,
Markets are weak...so a quick short is the only way to make money.
Good luck with FWLT.
Saleem
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