toggle

AAPL Stock: 110.12 ( + 2.4 )

Printed from http://www.macnn.com

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

POST TOOLS:

TAGS :

toggle

Comments

  1. kw99

    Joined: Dec 1969

    0

    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.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

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 ...

toggle

Most Commented