toggle

AAPL Stock: 102.1 ( + 1.21 )

Printed from http://www.macnn.com

UBS optimistic about Apple's finances despite delay

updated 12:35 am EDT, Tue August 5, 2008

UBS lauds Apple's success

UBS Investment Research - a financial analyst firm that recently turned its attention to Apple - offered its views on the iPod manufacturer, leading with statements that the company's brand "stickiness" is a boon, while also noting that there could be a delay with a new ultra-portable. According to AppleInsider, analyst Maynard Um clarified that the delay is unfortunate, but not unexpected for the tech industry, saying that such slips are "typical," with no cause for concern. Um states that the delay should be no more than the first half of 2009.

Um also leaks that Apple is expected to offer an updated line of MacBooks - its entry-level laptop - paralleling reports of new casing photos that have surfaced in the industry. He also found that Apple will introduce new iPods, both of which are scheduled for a mid- to late-2008 release. This also includes reports of additional iPhone 3G colors, with a new model following in early 2009.

UBS maintains a "buy" rating for Apple stock, with an ideal ceiling of $195 per share. The firm bases this decision on future product releases, as well as overall brand loyalty from its users. UBS also cites the iTunes brand as giving Apple an additional element of quality control over its product ecosystems, since it does not have to rely on a third party for this function.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. Feathers

    Joined: Dec 1969

    +1

    um...

    Um...yet another anal-cyst offering his worthlessness at a price!

Login Here

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

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Epson PowerLite Home Cinema 2030 projector

With high-definition televisions now the standard, 4K televisions becoming the next big thing, and plasma TVs going the way of the din ...

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Pure Jongo T2 wireless speaker

Multi-room audio compatibility is a key metric for wireless sound systems these days. The entry cost into a house-spanning system can ...

toggle

Most Commented