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AAPL Stock: 556.97 ( -4.31 )

UBS upgrades Apple to "buy"

updated 06:55 pm EST, Thu January 15, 2004

UBS: Apple a \"buy\"


UBS has upgraded Apple's stock from "neutral" to "." USB said "today's weakness is a buying opportunity given a number of positives at the company. While investors may be focusing on lower-than-expected PowerMac sales in Wednesday's earnings report, Apple has strong upside potential from sales of iPods and portables and new products due in 2004. 'The valuation now looks compelling, the shift to partnering is encouraging and retail profitability and sales momentum is encouraging." UBS raised its 2Q estimates to 9 cents from 8 cents, factoring in 20 percent sales growth to $1.8 billion and has a target price of $28.


by MacNN Staff

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  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

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    01/15, 05:11pm | report spam | Reply |

    first poster!

    wants to know when Apple might start paying dividends, as first poster! already owns some Apple stock. Soon, or is it a long ways off?

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

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    01/15, 05:32pm | report spam | Reply |

    iLife

    He must have gotten his iLife in the mail today...

  1. MacNN.com Reader

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    Joined: Jul 2001

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    01/15, 05:49pm | report spam | Reply |

    drm free

    DJ Phase writes "Warp Records, an independent label for electronic music (featuring artists such as Aphex Twin, Autechre, and Boards of Canada), has made their entire back catalog available thru Bleep, a new digital download service. Individual tracks are $1.35 for those of us in the USA, with EPs and full albums in the $4 to $10 price range. You can download Aphex Twin's rare, groundbreaking Hangable Auto Bulb EP for $4.29. To quote from the FAQ: 'We are at present the only store to offer very high quality MP3 files,' and 'Bleep music has no DRM or copy protection built in. We believe that most people like to be treated as customers and not potential criminals'."

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

    0
    01/15, 06:36pm | report spam | Reply |

    quality

    Apple has been deleting messages on their boards that reference the ibook logic board failures. Simply unacceptable. If you have been affected, call Apple, voice your concerns. I have contacted the Florida SAO reference this and they are looking into it.

    Florida along with other states have laws which protects consumers against products with known defects. While some may say it can't be determined if they know about this, that is bogus. They do know about the problem, as I found out by talking with the local Mac Center, but are obviously trying to ignore it.

    This problem is far more prevailant than the "spots" problem on the powerbook 15", yet still goes un-acknowledged.

    Nothing will get done until ibook owners stand up and make themselves heard.

    This isn't an isolated issue as I have counted the posts throughout the web and this problem is noted everywhere.

    Something can be done. Contact you local Consumer Affairs org, media consumer reporters, write the webmasters and writers of the mac sites.

    Believe me, they didn't want to admit the G3/ OS X incompatabilty, nor the G3 powerbook adapter problem, but by pressure they were forced to do the right thing.

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

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    01/15, 07:23pm | report spam | Reply |

    How can Florida really

    protect consumers if they don't allow them to buy AppleCare? AppleCare is how Apple takes care of its customers. I've had lots of good luck with it. Too bad you can't get it because your state doesn't allow it. Move to another state.

  1. MacNN.com Reader

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    Joined: Jul 2001

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    01/15, 07:28pm | report spam | Reply |

    Apple / Liability / DRM

    I've seen this "Talking point" s*** on other stories and they are out of line. It would seem this person, like Thurrott, is just a hate-filled n***, BILL GATES s*** worshiping shithead.

  1. MacNN.com Reader

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    Joined: Jul 2001

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    01/15, 08:56pm | report spam | Reply |

    Whhaaa?

    Are UBS on crack? I mean, I like Apple as much as the next freak, but c'mon, let's be real; Apple is almost too high as it currently is.

  1. MacNN.com Reader

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    01/16, 11:11am | report spam | Reply |

    UBS or USB

    nice typo :)
    UBS is a.k.a. United Bandits of Switzerland here :D

  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

    0
    01/17, 03:53am | report spam | Reply |

    Florida sucks

    Florida also let a madman steal a presidential election. Time to move.

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