Notable Calls
RSS feedNotablecalls@gmail.com
Thursday, September 27, 2007
Apple (NASDAQ:AAPL): Piper sees meaningful upside to Street Dec qtr iPod numbers
- Piper Jaffray is out on Apple (NASDAQ:AAPL) saying they have looked at the historical impact of new iPods in a launch qtr. Firm tells investors to keep in mind the September quarter only benefits from two full weeks of new iPods. They believe the December quarter is the key, and will show meaningful upside to Street iPod numbers.
The Street is looking for 10.6m units vs. PJ analysis which points to 10.4m and their published estimate of 10.2m. There could be upside to Street iPod numbers in Sept., but history suggests not to expect much upside.
The Street is looking for 10.6m units vs. PJ analysis which points to 10.4m and their published estimate of 10.2m. There could be upside to Street iPod numbers in Sept., but history suggests not to expect much upside.
On September 5, Apple announced an entire line of new and updated iPods. Piper believes these new iPods put the product lineup in its best position ever for the holiday season (Dec. quarter).
Maintains Outperform and $211 tgt on AAPL.
Notablecalls: Will this call be enough to push AAPL stock to a nw 52wk high? Sure, why not. After all, Piper's the axe in AAPL.
posted by notablecalls # 7:10 AM 
Archives
June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008
