Tag Archive | "Apple Stock"
Is Apple stock cheap at the moment?
With Apple’s stock price currently hovering under $245, Chad Brand of Seeking Alpha lays forth the argument that the stock is actually undervalued at the moment. Despite my roots as a value manager, in recent weeks I have been a fairly aggressive buyer of Apple shares. Such an investment may not seem appropriate for a value [...]
Continue reading...Apple’s enormous stockpile of cash - much ado about nothing
Monday, August 16, 2010
You know that scene from the opening of Duck Tales where Scrooge McDuck dives into a big ole’ pool filled to the brim with money and gold coins? Well, with over $46 billion in assorted securities to Apple’s name, you could easily build such a pool on Apple’s campus, fill it with money, and still have [...]
Continue reading...Independent analyst anticipates Apple share price to hit $400 by early 2011
Thursday, August 12, 2010
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When it comes to predicting Apple’s quarterly financial reports, resourceful Apple finance guru Andy Zaky consistently bests everybody on Wall Street. In a recent piece contributed to CNN, Zaky writes that Apple’s stock valuation may very well hit $400 a share by early 2012 at the latest. If there is one thing that readers should take [...]
Continue reading...Analyst raises stock target for Apple stock to $375
Monday, August 9, 2010
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Bullish Apple analyst Charlie Wolf is blown away by Apple’s fundamentals - so much so that he recently upped his stock target on the stock from $280 to $375. Here’s why: Explosive iPad sales.“We forecast that iPad sales would reach 20 million in 2019, the final year in our valuation exercise. iPad sales are already tracking over [...]
Continue reading...JP Morgan ups Apple stock target to $400
Wednesday, July 21, 2010
Following Apple’s blowout Q3 quarter which saw the company’s profits increase an astounding 77%, JP Morgan analyst Mark Moskowitz upped his target for Apple’s share price to $400. We reiterate our Overweight rating and increase our Dec-11 price target to $400, from $390 previously. Apple is also on the J.P. Morgan Analyst Focus List. While the media-driven [...]
Continue reading...Analyst raises Apple stock target to $375
Wednesday, June 23, 2010
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In a recent research note issued to investors, Chris Whitmore of Deutsche raised his price target for Apple shares to $375, the highest target we’re aware of. Apple is beginning the strongest product cycle in the company’s history, led by the iPad and iPhone 4 release later this week. Initial demand for the new iPhone is incredibly robust [...]
Continue reading...Gene Munster raises stock target on Apple shares to $348
Monday, June 21, 2010
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Piper Jaffray analyst Gene Munster issued a note to investors last Wednesday upping his target price for Apple shares to $348, up from a previous target of $330. Regarding the iPhone, Munster now expects Apple to sell 9.5 million units in the June quarter alone, up from a previous estimate of 8.5 million units.
Continue reading...Analyst raises 2010 iPad sales estimate to 10 million, ups AAPL stock target to $332
Monday, June 14, 2010
Following last Monday’s Keynote address, Morgan Stanley analyst Katy Huberty issued a research note to investors predicting iPad unit sales to reach 10 million in 2010. Huberty’s previous iPad sales estimate was 6 million units. Accordingly, Huberty raised her target price for Apple stock to $332, up from a previous target of $310. Under Huberty’s best [...]
Continue reading...Analyst: T-Mobile may get the iPhone before Verizon
Thursday, June 10, 2010
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Move over Verizon, T-Mobile may be jumping to the front of the line in the ongoing race amongst carriers to join AT&T as a heralded iPhone provider. In recently issued research report, analyst Shaw Wu of Kaufman Brothers writes that T-Mobile may start carrying the iPhone by 2011, and as early as this fall. Much like [...]
Continue reading...Merril Lynch analyst ups Apple stock target to $325
Tuesday, June 1, 2010
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Bank of America Merril Lynch analyst Scott Craig must have anticipated the strong iPad launch that hit 9 countries this past weekend. Late last week, Craig issued a bullish report on Apple to investors where he upped his stock target for Apple shares to $325, up from a previous target of $300. We believe multiple tailwinds [...]
Continue reading...Katy Huberty of Morgan Stanley ups Apple stock target to $310, with potential for $400/share down the line
Monday, May 24, 2010
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In a recent investor note, analyst Katy Huberty of Morgan Stanley upped her 2011 iPhone sales estimate to 61.5 million units, a whopping 25% higher than the current consensus on Wall Street. Factoring into Huberty’s newfound bullishness on Apple are a few factors which Fortune summarizes thusly: The percentage of current iPhone customers planning to upgrade [...]
Continue reading...Analyst: Weekly iPad sales double that of Mac sales
Thursday, May 20, 2010
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In a research note issued to clients today, RBC analyst Mike Abramsky wrote that iPad demand is on track to accelerate in light of upcoming international launches and continued strong sales in the US. For the June quarter, Abramsky anticipates iPad sales of 2.5 million, up from his previous estimate of 1.8 million. To put [...]
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Tuesday, August 31, 2010
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