toggle

AAPL Stock: 111.78 ( -0.87 )

Printed from http://www.macnn.com

Apple has improved efficiency, strong demand

updated 09:35 am EDT, Tue May 10, 2005

AAPL at $52

Piper Jaffray on AAPL with a $52 price target, according to Forbes. The report noted Apple's improved production efficiency and strong demand: "Apple is continuing to improve production efficiency as supported by the fact that most products are being shipped on the same business day as the day of the order placement." The firm cited Apple's placement on Amazon.com Top Seller lists, saying that IPods now hold eight of the top ten spots and 12 of the top 20 for MP3 players, up from four and six, respectively, on April 22. "We believe this exhibits Apple's dominance in the portable MP3 market and shows that the initial exploratory phase of other MP3 players has lightened.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. klinux

    Joined: Dec 1969

    0

    Hey

    Where are the stupid comments about dumb greedy analysts?

    Oh yeah, I forgot, one should only say that if they hold a negative view toward the stock otherwise they are good wise analysts.

    Back to reading...

  1. climacs

    Joined: Dec 1969

    0

    poor little troll

    awww, feeling lonely?

Login Here

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

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Dell AD211 Bluetooth speaker

For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lackin ...

toggle

Most Commented