toggle

AAPL Stock: 111.78 ( -0.87 )

Printed from http://www.macnn.com

Analyst raises AAPL estimates on based on Tiger sales

updated 11:45 am EDT, Thu May 26, 2005

\'Solid\' quarter for Apple

Piper Jaffray today on Apple and raised its June quarter estimates based on expectations of strong Mac OS X Tiger sales. The firm said that it expects the fiscal third quarter numbers to be up slightly from the second quarter. Forbes reports that the firm also reiterated its $52 target price on Apple: "The bottom line from our checks is that while we are not expecting significant upside to June [third] quarter numbers, Apple's business appears to be solid in what is typically a seasonally slower period." The firm raised the fiscal 2005 and 2006 earnings-per-share estimates on Apple to $1.32 and $1.48, respectively from $1.27 and $1.38 as well as expects a slight increase in iPod sales numbers for the June quarter (5.5M vs. 5.3M last quarter); however, it said that Apple's numbers will likely be driven by strong Mac sales.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. MacMoose

    Joined: Dec 1969

    0

    Tiger Prints ads

    Maybe those links to a picture online of a 2 page spread of an ad placed in Time magazine of a Spotlight themed ad from Apple for Tiger. Could this be the beginning of an agressive campaign into this area as well as TV.

    Apple need to step slowly at first as Microsoft could counter on the bigger market base they have... but when it comes to security and such.. they better thus shut up or mention to get a secure PC... hire a tech for a hour a week to maintain your computer if an available tech is not in your circle of family or friends to do such. I have a good friend who uses linux mainly and keeps his Winboxen running smart, but his parents and family... are always having problems with PCs that deteriorate from people using Explorer as their favorite browser regardless of the good PR Firefox has gotten. Nuff said.

    I think Apple is just nipping the threshold of Mac sales and a turn in PC users going Mac now that OS Tiger is out and the platform is more established in the Windows world.. Think about it.. Apple with strong demand and sales in a normally slow period... They are releasing new great products... even if processor speed is not up to par with AMD or Intel in some respects.. and they can adapt iTunes store to subscription if needed.. hey... offer both... rent all the songs to sample and use on a iPod... but then buy for a buck and keep it even if you end your subscription. A side thought... increase the AAC quality to something much higher and develop a system for people with already purchased songs to re-download higher quality ones... but deleting the old ones only after confirmed download... This would be a huge a** PR boost to everyone... regardless of bandwidth costs.

    Now I know why I am a mac user... I have a life.. aside from teching sick PCs like some Windows users, but not all... and regardless of some of the questionable things apple does... hey.... they are still here and fighting strong.

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