toggle

AAPL Stock: 562.29 ( -3.03 )

J.P. Morgan increases AAPL estimates

updated 10:35 am EST, Mon March 14, 2005

J.P. Morgan AAPL


J.P. Morgan raised its for Apple, saying concerns over increasingly aggressive moves by competitives in the portable music player and digital music store markets are overdone. Its checks show Apple's March quarter momentum is exceeding typical consumer seasonality; the broker now sees a March quarter EPS of 24 cents on revenue of $3.23 billion, compared to its earlier view of 23 cents on revenue of $3.17 billion.


by MacNN Staff

print
email
(1)

TAGS :

 industry

Related Articles

Recent Articles

toggle

Comments

  1. kw99

    Fresh-Faced Recruit

    Joined: Nov 2001

    0
    03/14, 07:02pm | report spam | Reply |

    At least one...

    analyst has a clue. Well, I'm sure there are probably a few others who actually looked at the numbers and also found concerns about Apple's "music" competition to indeed be "overdone."

Login Here

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

 
close
Photo
toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

iHome iW2 AirPlay speaker

iHome generally isn't known as a luxury brand when it comes to audio, but it is prolific -- the company's docks and speakers are every ...

Logitech Ultrathin Keyboard Cover

One of the iPad's main weaknesses has always been productivity. It's not a question of apps; while it has taken a little time for a na ...

Logitech UE Air Speaker

If maybe a little more slowly than Apple would like, AirPlay is becoming a staple of the wireless speaker market for iOS devices. The ...

toggle

Most Commented

 

Popular News