toggle

AAPL Stock: 128.54 ( -0.82 )

Printed from http://www.macnn.com

Retail stores, iPod will drive Apple growth, stock

updated 01:15 pm EDT, Fri September 10, 2004

Retail stores fuel AAPL

Piper Jaffray reiterated an , saying the company's 2005 retail strategy will serve as a catalyst for revenue growth. "We believe the Street is underestimating the power of Apple's retail strategy," Piper Jaffray said. Apple hopes to attract new customers using by placing its retail outlets in high-traffic areas and plans to retain existing customers through "genius bars," according to the research firm. Citing better-than-expected results in the core Mac business from last quarter, Piper said that an ongoing rebound in the creative pro market and iPod-driven demand for Macs will help fuel the company's success. Piper Jaffray's target price for Apple is $40.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Brother HL-L8250CDN Color Laser Printer

When it comes to selecting a printer, it's not exactly something most people put a lot of thought into. Printers are often touted as ...

Moshi iVisor AG and XT for iPad Air 2

Have you ever tried to put in a screen protector that relies on static to cling to the screen? How many bubbles and wrinkles does it h ...

OmniPlan (OS X, iOS)

We reviewed the Omni Group's most famous Mac software, a To Do app called OmniFocus, back in June 2014, and we were impressed. Some o ...

toggle

Most Commented