Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.
The "Apple Car" could be a major threat to other car producers, with the potential integration between the vehicle and Apple's product ecosystem considered to be its biggest feature.
According to one analyst, the market for consumer tablets could top 215 million units by 2015, with the iPad expected to dominate the market's explosive growth.
A recall of the iPhone 4 could cost Apple as much as $1.5 billion, according to one investment research firm.
While the likelihood of Apple releasing new iPhones this year is all but certain, a discussion between analysts and Apple's top brass has also dropped clues that the iPhone's pricing may not be static this year.
Shares of Apple are on the rise after Bernstein Research upgraded the Mac maker and said a new MacBook priced at $900 would broaden the company's potential notebook customer base by 50 percent in terms of both units and revenue.
Apple's goal of selling 10 million iPhones in 2008 is being tossed under the microscope just as Blackberry maker Research in Motion (RIM) announced that its smart phone business has remained uncharacteristically strong through the start of the new year.
An average Apple retail outlet easily outperforms its generic counterpart in terms of revenue and sales — but the expense of supporting all those customers may be pulling Apple down, says a new investment note from Bernstein Research.
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