toggle

AAPL Stock: 119 ( + 1.4 )

Printed from http://www.macnn.com

Apple \"continues to increase its competitive gap\"

updated 11:30 am EST, Wed February 23, 2005

New iPod increases gap

Today's iPod update widens the gap between Apple and potential competitors, research analyst Gene Munster of Piper Jaffray said in a report this morning. According to the report, Apple "continues to increase its competitive gap." In response to criticisms that Apple is "taking a hit to margins in reaction to competitive threats," Munster says his firm believes that "Apple's changes to the product line are more offensive than defensive. Apple clearly holds the leadership position on this market and we believe these changes will widen the gap between Apple and potential competitors that are trying to chip away at iPod market share." Focusing On Halo Effect In fiscal 2005 and 2006, the firm believes "iPod carryover will impact numbers," and "iPod buyers who are PC owners will increasingly move to the Mac platform." Piper Jaffray maintains an Outperform rating on Apple's stock.




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

MacNN Sponsor

Recent Reviews

IDrive cloud backup and sync service

There are a lot of cloud services out there, and nearly all of them can be used for backing up key files and folders. A few dedicated ...

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

MaxUpgrades 512GB Retina MacBook Pro SSD

Apple's Retina line of MacBook Pro notebooks have been impressive, right from their debut in 2012. Thinner than the previous model, t ...

toggle

Most Commented