AAPL Stock: 110.78 ( + 0.4 )

Printed from

Deutsche Bank raises AAPL target, estimates

updated 11:00 am EST, Tue November 29, 2005

AAPL target raised to $78

Analyst Chris Whitmore of Deutsche Bank Securities has reiterated his "buy" rating on Apple stock, while . Whitmore raised his target price from $60 to $78 and said--in a research note published yesterday--that the company's earnings for F1Q06 are expected to be driven by high video iPod shipments, according to The firm raised its estimates for video iPod shipments for the December quarter from 9.5 million units to 11.0 million units, noting that recent channel and supply chain checks indicate that Apple's product mix is "significantly shifting towards more expensive video iPods." The report notes that the EPS estimates for Apple for FY06 and FY07 have been raised from $1.70 to $1.85 and from $2.00 to $2.20, respectively.

by MacNN Staff





Comments are closed.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Polk Hinge Wireless headphones

Polk, a company well-established in the audio market, recently released a new set of headphones aimed at the lifestyle market. The Hin ...

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 ...


Most Commented