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AAPL reacts to iBook news
updated 05:00 pm EST, Mon January 30, 2006
AAPL, iBook news
Apple shares (AAPL) rose about 6.3 percent at some points today after a UBS analyst said that Apple may be releasing new iBook laptops in late winter. Reuters reported that Apple has declined to state what the timeline for a new iBook release might be, but that Steve Jobs did mention at MWSF that the entire Mac line will be moving to Intel processors by the end of the year. According to Reuters, UBS analyst Benjamin Reitzes said that Apple "is likely to launch new iBook laptops as soon as April. Other potential new products this year include a "media hub," updated iPods, a media player and even a cell phone." AAPL rose up to $76.60 before dropping down to $74.90 on the Nasdaq.
What BS
01/30, 05:39pm reply
Give me a break, Apple stock did not go up just because some no-name analyst said there is a possibility that Apple may release iBooks as soon as April. There is a possibility that Apple may release iBooks at anytime. Anybody paying attention to Apple knows that. People knew that when the stock took a 17 percent hit in the last week.
Analyists always find some piece of news, good or bad, to justify how the stock performed that day. If Apple stock went down, somebody else would have cited the other analyist who lowered Apple's estimate today.
The joke is on anybody who actually listens to these people.
Terrin
Fresh-Faced Recruit
Joined: Jan 2006
who actually listens...
01/30, 05:46pm reply
This time I agree. "New ibooks" is a useless prediction. But somebody must listen to them, and they must be good for something, otherwise why would there be such a thing as an "Analyst"?
thesearcher
Dedicated MacNNer
Joined: Mar 2002
No iBook this year...
01/30, 07:21pm reply
more likely 'MacBook', 'MacBook Standard', 'MacBook Solo', 'MacBook *your guess here*'
Toyin
Mac Elite
Joined: Nov 2000
UBS is good
01/30, 10:19pm reply
I hate analysts; but of all of them UBS has always been hands down correct about Apple. They actually get into the company like we do to really understand what's going on.
Apple is definately a strong strong strong BUY.
jarod
Fresh-Faced Recruit
Joined: Apr 2005
Link?
01/31, 02:27am reply
The link in the story, "iBook laptops in late winter" doesn't seem to have a link. Is it supposed to?
mymacluvsme
Fresh-Faced Recruit
Joined: Aug 2004
Or
01/31, 02:30am reply
Try MacBook Mini. Go to www.macbookmini.com and look where it takes you. Coincidence? I think not.
Kazrog
Fresh-Faced Recruit
Joined: Dec 2002
macbookmini
01/31, 02:51am reply
www.macbookmini.com isn't registered to Apple, but idownload.com. It's as likely a product name as macbooknano though.
Isn't the traditional date for the next 'new' thing the start of April? It seems unlikely they would launch something in late winter (early March) and then start of April. On the other hand, I guess they have a lot of launches to get through this year.
Personally I can't get excited by the Intel Yonah machines - and the real next gen Intel chips (the reason for the move) still aren't due until mid-2006.
JulesLt
Fresh-Faced Recruit
Joined: Jul 2005
Terrin
01/31, 12:18pm reply
Analysts interest is making their company money. While they are telling you to sell, they turn around and are buying your shares cheaper. No new information has been provided that would make Apple's stock go up, or down, for that matter.
Terrin
Fresh-Faced Recruit
Joined: Jan 2006