financial/investor

05/08/2007, 5:30pm, EDT

Tuesday, May 8th

Apple excited about Macs, iPhone, Apple TV

Research firm UBS met with Apple today to discuss the component cost environment & margin implications, prospects for Mac momentum, status of the iPhone, and the sustainability of Apple's iTunes franchise. "Apple seems very upbeat about prospects for the iPhone, Macs and Apple TV," wrote UBS analyst Ben Reitzes in a research note obtained by MacNN. "While the iPhone launch in June should garner significant attention, we believe that investors should also focus on prospects for continued Mac momentum with new products and the ability for Apple TV to become more of a DVD player replacement over the next few years." The analyst also believes UBS estimates could prove conservative, given Mac momentum and new products leading into 2008. UBS is estimating $0.70 on revenue growth of 20 percent to $5.22 billion in the third quarter of this year. UBS holds a price target of $133 on Apple shares, and is reiterating its "Buy 2" rating.


Filed under: Investor

, , 1 comment, del.icio.us, slashdot, digg, buzz


1 comment
Reader Reactions (Please use <i></i> for italic text)

subscribe to comments
for this article




Expand All   Global Settings
very upbeat?
0
05/09, 3:12pm, EDT
Apple seems upbeat about it's products? Gosh, I'm so glad we have highly-paid analysts to share such insightful remarks with us. I might have otherwise thought that Apple was feeling kind of morose about all the stuff their producing, the continuing rule of iPod, the success of the retail stores...

zzzzzzzzzz.
Fresh-Faced Recruit
Joined Aug 2001
User is offline
Your Comments

In order to post comments: If you are a registered member, please login with your MacNN Forums username and password otherwise please uncheck the checkbox below.


Registered Member?
macnn forums login:

macnn forums password:

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

RSS Feeds

Have the latest content delivered to your desktop via RSS. Use the links below to get access to a specific blog, news, or reviews feed.



  MacNN -all

  MacNN Reviews

  MacNN Podcasts

  iPodNN

  Electronista

  Left Lane News
Want To Sell Your Laptop? Any Condition - receive Top Cash. Get an instant quote. Free shipping www.CashForLaptops.com
Buy from The Apple Store, iTunes.com, Amazon.com, TechDepot, OfficeDepot, Computers4Sure, or donate.