toggle

AAPL Stock: 113.29 ( + 0.37 )

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

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented