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AAPL Stock: 502.71 ( + 5.04 )

WWDC announcements "expected"

updated 06:25 pm EDT, Mon August 7, 2006

WWDC goes "as expected"


Gene Munster, senior analyst of Piper Jaffray today spoke on Wall Street's disappointment due to Apple's announcements falling within expectations. "We believe the best approach to looking at Apple's product roadmap is to focus on a 6-9 month timeframe. While many rumored products were not announced at WWDC, we believe most of the products, including new iPod nano, video iPod, iTunes film downloads, and iPhone will be announced within 6-9 months." The analyst highlighted the fact that Apple raised its low price entry point by starting its Mac Pro line at $2,499, and reiterated Apple's quick Intel transition. "The Mac Pro completes the Intel transition, which spanned 210 days in total, as Apple moved all of its Mac offerings to Intel based processors."


by MacNN Staff

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  1. jpellino

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    Joined: Oct 1999

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    08/07, 06:48pm | report spam | Reply |

    what is wrong with these

    analysts - apple today did exactly what everyone expected them to do at the developers' conference - focus on the completion of the intel transition and show some of the high points of leopard. this was not a day for new consumer products or complete surprises, it was a day for letting the dev community see what they needed to focus on for the coming cycle.

  1. Peter Bonte

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    08/07, 07:08pm | report spam | Reply |

    downgrade

    "The analyst highlighted the fact that Apple raised its low price entry point by starting its Mac Pro line at $2,499"

    The entry point is around $2,125 because we can downgrade the proc to 2 ghz and the HD to 170 GB.

  1. dashiel

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    Joined: Sep 2001

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    08/07, 09:35pm | report spam | Reply |

    analyst can go....

    forth and multiply with themselves. i hate these ignorant bozos and their "analysis" which has a direct impact on some of my financial interests.

    they're morons one and all.

  1. jscotta

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    Joined: Jun 2002

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    08/07, 10:33pm | report spam | Reply |

    Entry for $2,124

    The analyst needs to spend more time analyzing. The entry level price $2,124. The price he quoted is just a configuration that Apple picked because it is what they thought most people would purchase. Apple has stepped away from the Good/Better/Best approach and now has a suggested configuration along with more configurability.

  1. LouZer

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    08/07, 11:04pm | report spam | Reply |

    Re: entry

    The low-end is at $2124 if you go on-line. Go into an apple store or mac reseller and you're stuck with what's in a box, which is, what, $2499.

    And a lot of people actually look at the starting price, not the 'lowest possible price-point'. Why couldn't apple start it at $1999 and let you just work the way up? That way they wouldn't have everyone saying they've raised the low-end price (which, BTW, THEY DID!).

  1. LouZer

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    08/07, 11:13pm | report spam | Reply |

    analysts

    analysts - apple today did exactly what everyone expected them to do at the developers' conference - focus on the completion of the intel transition and show some of the high points of leopard.

    Right, exactly what was said "today spoke on Wall Street's disappointment due to Apple's announcements falling within expectations. "

    The problem is that this isn't what "everyone" was expecting. Rumors were swirling all over about new iPods, movie services, etc. Analysts and wall street always expect more then what they get. Its what they want.

    And keep in mind that Apple's recent fortunes are basically are now focused around the iPod and the iTMS, not the macs. Macs are nice and all, but the people know the iPod.

    analyst can go.... forth and multiply with themselves. i hate these ignorant bozos and their "analysis" which has a direct impact on some of my financial interests.

    That's right, except its these same bozos who drove the price up to close to $70. Why? Because they were expecting/hoping for more at WWDC. So when it didn't come about, they sold. The price went up on expectation and down on the lack of expectation. You're problem is you think all the ups are based on wise intelligence and the downs are just bozo investing. Yet the ups are as much based on bozos then the downs.

    And if you're financial picture is getting screwed up by the bozo investors, don't you think that you need to start investing based on how the market's going to move (i.e. what the bozos are going to do) then trying to base it on some supposed 'sound' financial analysis?

  1. jhorvatic

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    Joined: Apr 2005

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    08/08, 02:03am | report spam | Reply |

    I call them analists for

    I call them analists for a reason. Most of them have there heads up there you know what, talking non-sense. Apple has a much stronger future right now then Microsoft. WWDC isn't about consumer products and that's why Steve didn't mention any like the iPod. I'm sure they have a lot in the wings but there main mission here was to finalize the Intel product line in record time and they did that. This was a great success in every way as now the businesses out there can have there choice of some really awsome powerful Mac Pro's.

  1. LouZer

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    08/08, 08:27am | report spam | Reply |

    Re: I call them analists

    Apple has a much stronger future right now then Microsoft. WWDC isn't about consumer products and that's why Steve didn't mention any like the iPod. I'm sure they have a lot in the wings but there main mission here was to finalize the Intel product line in record time and they did that.

    And what did this analyst say? What was announced was expected. He expects that the expected new products will be released/announced in the next 5-9 months. What else do you want him to say?

    Why bring up MS? Are your analysts running around screaming "Buy MS! Buy MS!"? Not that I've heard.

    All you people ever want to hear from analysts is "Steve is God! Apple is the greatest company ever! If you don't buy their stock, you're idiots!" and if they don't say exactly that, its all "They don't know what they're talking about".

    BTW, it was WALL STREET'S disappointments, which includes brokers and traders, not the analysts per se.

    And what about the rumors swirling that the reason there was so many people demonstrating today to help set the stage for Steve's eventual passing the torch? How much do you think THAT will hurt Apple, because if you think that's coming around, I'd really consider selling short, because Steve's the only guy keeping that company on message (whatever that message might be).

  1. JEB

    Junior Member

    Joined: May 2001

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    08/09, 02:12am | report spam | Reply |

    Piper Jaffray

    Wow -- I'm sure many readers have noticed, that Piper Jaffray has actually been quoted over the past couple of years as . . . analyzing and forecasting Apple's share prices going UP. Supportive, you could say, in the way NY Times' Walt Mossberg is often quoted as noticing what's postitive about Apple.

    Huh...

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