Topic: Gene Munster
06/12/2009, 10:06 am
Investment bank Piper Jaffray on Friday called out Wall Street for not fully recognizing the impact of price cuts on Apple's new Mac notebook lines introduced this week, saying the move will in all likelihood boost the company's quarterly Mac growth to respectable rates in line with his model.
06/09/2009, 12:06 pm
While the iPhone 3G S was generally in line with expectations, lowered Mac notebook and iPhone 3G pricing, combined with favorable upgrade pricing for Snow Leopard, made a positive impression on most Wall Street analysts, many of which issued positive reactions Tuesday while increasing their Apple price targets.
05/21/2009, 08:05 am
With a conventional netbook clearly out of the question, researchers for Piper Jaffray said Thursday there's mounting evidence to suggest Apple next year will introduce its own take on the market in the form of a tablet-based device that will sell for $700 or less.
05/18/2009, 05:05 pm
Sales of Apple's Mac line slipped nearly 2 percent on a year-over-year basis during the month of April while iPod sales fell around 9 percent, though both segments are reportedly as good or better than Wall Street's consensus estimates for the quarter.
05/13/2009, 05:05 pm
While all eyes are on Apple's annual developers conference as a likely forum for new iPhone hardware announcements, one Wall Street analyst is advising clients that better bets may be placed on an event a few weeks later that may also mark the return of Steve Jobs.
04/15/2009, 09:04 am
Observations made at more than two dozen Apple retail stores over the last few weeks show Apple to be maintaining healthy sales of Macs and iPhones that aren't far off from rates seen during the lead-in to last year's holiday shopping season.
04/08/2009, 09:04 am
The results of Piper Jaffray's 17th bi-annual teen survey are in, showing Apple to have broadened its lead in the areas of iPod consumption and iTunes usage -- both of which are nearing their saturation point -- as the company moves to translate these successes to its iPhone business.
03/16/2009, 02:03 pm
Apple saw double-digit declines in Mac unit sales last month but is nonetheless seen in good shape to pull off a March quarter that's fairly in-line with current Street estimates thanks to accelerated shipments of new desktop models this month.
02/18/2009, 08:02 am
Despite the red ink flowing from retailers and PC makers, Apple is expected to ride out its second fiscal quarter ending in March with respectable numbers nearly in line with its performance last year.
02/05/2009, 12:02 pm
Although Apple has publicly denied interest in such markets, investment bank Piper Jaffray said Thursday it expects the company to introduce a networked television in the next two years and update its Apple TV set-top-box with DVR capabilities by year's end.
01/20/2009, 09:01 am
Sales of Apple's Mac and iPod products bounced back last month following a disappointing November, helping the company's performance in those segments pull slightly ahead of Wall Street's consensus estimates for the December quarter.
01/14/2009, 09:01 pm
Customers won't stop buying products from fundamentally sound Apple just because its luminary is taking a breather on the sidelines, investment bank Piper Jaffray argues in a new report issued Wednesday evening.
12/30/2008, 09:12 am
With Apple chief executive Steve Jobs skipping out on this year's Macworld Expo, investment bank Piper Jaffray isn't holding high hopes for new product announcements outside a pair of refreshed Macs, but said in a report Tuesday that a redesigned iPhone should surface in the months that follow.
12/17/2008, 01:12 pm
Piper Jaffray analyst Gene Munster, one of the most outspoken figures on all things Apple, told clients on Wednesday that Steve Jobs' absence from this year's Macworld Expo signals "the beginning of a shift in leadership roles" at the company.
12/15/2008, 06:12 pm
Macworld Expo host IDG still expects Apple chief Steve Jobs to keynote 2009's San Francisco show despite unusual silence on the matter. Apple, meanwhile, now has little to fear from Amazon's music store a year later. NPD also data shows Mac sales continuing to grow.
12/04/2008, 10:12 am
Investment bank Piper Jaffray said Thursday that weakness in consumer spending will bite into PC sales next year, including Apple's, leading the firm to cut its 2009 sales estimates for the Mac maker along with the broader market.
12/01/2008, 10:12 am
Although this year's holiday shopping season is expected to present challenges for many consumer-oriented hardware companies, Apple is already showing signs of bucking the trend with Black Friday Mac sales reported to be better than expected.
11/25/2008, 09:11 am
Piper Jaffray analyst Gene Munster on Tuesday issued one of his trademark reports to address a number 'unanswered questions surrounding the Apple story,' such as when the company plans to next update its iPhone and the prospects for an Apple netbook.
11/18/2008, 11:11 am
A slowing global economy had little impact on Apple's computer business last month, as consumers willingly plunked down their cash for the company's new MacBook offerings, helping to drive Mac sales up more than 25 percent year-over-year.
11/17/2008, 11:11 am
After spending 25 hours counting sales of iPhones and Macs at Apple's US-based retail chain, investment bank Piper Jaffray said it believes the company this quarter could meet or beat last quarter's record 2.6 million Mac sales total while again selling more than 6 million iPhones.