AmTech ups Apple estimates; Reitzes out at UBS in at Lehman

American Technology Research on Monday increased its estimates for Apple's soon-to-end second fiscal quarter of 2008 on better than expected Mac growth. Meanwhile, an analyst long covering Apple for UBS has been lured away by Lehman Brothers, where he'll be tasked with a similar role.

AppleInsider Staff 18 years ago 14

Best Buy to double number of stores selling Apple's Mac line

Leading U.S. electronics specialty retailer Best Buy said this week it plans to increase the number of stores carrying Apple Inc.'s Mac computer line twofold in the next several weeks, signaling robust demand for the Windows PC alternatives in the broader consumer market.

Katie Marsal 18 years ago 29

UBS ups Apple estimates on new product expectations

Analysts for investment bank UBS on Monday raised their estimates and price target on Apple Inc., citing better than expected sales of Macs this holiday season and upcoming product introductions that could include an ultra-portable notebook and pay-per-view movie service.

AppleInsider Staff 18 years ago 52

UBS raises Apple target to $182, introduces fiscal 2009 estimates

Investment bank USB on Wednesday increased its estimates on gadget maker Apple Inc, explaining that the company's recent iPod touch and iPhone price cut announcements are likely drive additional revenues through higher iPod average selling prices and additional AT&T royalty payments, respectively.

Slash Lane 18 years ago 8

UBS says iPhone sales ahead of estimates, new iPods on the way

Shares of Apple Inc. rose nearly 5 percent on Tuesday after an analyst for UBS Investment Research said checks indicate that the company will likely beat its stated sales goal of 730,000 iPhone units for the current quarter.

Slash Lane 18 years ago 51

UBS analyst sees iPhone creating "halo 2" for Apple

Apple, Inc.'s launch of the iPhone is the catalyst for a second halo effect that will spur the company's core iPod and Mac businesses, says analyst Ben Reitzes of UBS Investment Research.

Katie Marsal 18 years ago 25

UBS sees Macs helping Apple to another solid quarter

Apple Inc. continued to see solid demand for Macs last quarter with refreshes to both its MacBook lines leading the charge, according to Wall Street analysts at UBS.

Katie Marsal 18 years ago 24

Apple serving up 1 million copies of iTunes each day

Apple Inc.'s iTunes digital jukebox software is downloaded 1 million times per day and has an active user base of 500 million users, the company said during annual developers conference on Monday.

Prince McLean 18 years ago 13

Apple becoming a bigger cash flow machine

Citing their belief that Apple's iPhone and free cash flow potential is even greater than investors realize, analysts from UBS Investment Research joined those over at PiperJaffray this week in raising their firm's price target on shares of the electronics maker to $160.

Katie Marsal 19 years ago 9

Apple's retail notebook sales up 94 percent in April

Mac maker Apple Inc. saw retail sales of Mac units grow a solid 62 percent year-over-year for the month of April, which included a 94 percent spike in notebook sales thanks to solid MacBook and MacBook Pro momentum, as well as increased distribution.

Katie Marsal and Kasper Jade 19 years ago 21

iPhone to be available at 2000 store fronts on launch

Apple's inaugural mobile handset, iPhone, will be available for sale at 2000 retail store fronts when it goes on sale for the first time next month, putting the device within reach of most US households.

Katie Marsal 19 years ago 40

Apple execs confident iPhone will ship on time and in volume

Investment banking analysts for UBS just returned from a meeting in Cupertino with members of Apple's executive team, who were described as being "confident" about their company's strategy and "very upbeat" about the prospect for new products.

Prince McLean and Kasper Jade 19 years ago 24

Citigroup downgrades Apple despite market-wide bullish outlook

Fighting the current, Citigroup on Thursday lowered its rating on shares of Apple to "Hold" from "Buy," citing the rapid increase in the company's share price.

Prince McLean 19 years ago 9

Investment banks stand behind Apple's move to cage its cat

Several investment banks are throwing their weight behind Apple's decision Thursday to delay its Leopard operating system in favor of pushing its eagerly sought iPhone device into the market on time.

Prince McLean 19 years ago 30

UBS bullish on Apple's Mac distribution expansion

Investment Research firm UBS said Monday it believes Apple's expanding relationship with major US consumer electronics retailers is likely to branch out further, producing positive long term effects on Mac sales.

Prince McLean 19 years ago 15

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