Piper shaves Apple estimates, sees slower Mac growth

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.

Slash Lane 17 years ago 30

Apple a 'bright spot' during lackluster Black Friday kick-off

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.

Sam Oliver 17 years ago 11

Piper Jaffray addresses 12 more 'unanswered Apple questions'

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.

AppleInsider Staff 17 years ago 39

Apple flirting with another record quarter for Mac sales

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.

Slash Lane 17 years ago 29

Last minute estimates have Apple selling 2.8m Macs in Sept. Q

With just one day to go before Apple announces the results of its fourth fiscal quarter, market research firm NPD is out with its preliminary sales data for the three-month period, leading one expert to suggest the company sold upwards of 2.8 million Macs systems.

Slash Lane 17 years ago 25

Apple pulling away from competition in teenage mindshare

Apple in the last six months has broadened its lead among the teenage demographic in the areas of mobile phones and digital music, a critical indicator of the company's long-term growth prospects in those respective markets.

Slash Lane 17 years ago 19

Margin impact of Apple product transitions overestimated

With Apple's September quarter having come and gone with the only major product transition consisting of slightly cheaper iPods, investment bank Piper Jaffray believes the company is once again in a position to outperform its own margin guidance despite widespread concern.

Katie Marsal 17 years ago 23

Apple still better positioned than most, firm says

Even as stocks melted down on Monday and fears of tough recession set in, analysts at Piper Jaffray held strong to their Buy rating on shares of Apple, saying the company remains the best positioned amongst its peers to weather the economic storm.

Katie Marsal 17 years ago 17

Piper says G1 to have 'little or no impact' on iPhone sales

While both Apple and Google appear to be emerging as pioneers in the mobile computing space, the iPhone sports a year-long head start over the Android-based G1 handset introduced Tuesday, and is unlikely to see any lost sales as a result, says investment bank Piper Jaffray.

Katie Marsal 17 years ago 58

Piper Jaffray raises estimates for Apple's Sept quarter

Investment bank Piper Jaffray boosted its estimates for Apple's current quarter on Monday, noting that iPhones will for the first time account for a material portion of the company's booked revenue.

Slash Lane 17 years ago 21

Mac sales see slowdown in August, but still up 23 percent

Apple saw its Mac sales growth decelerate last month, according to preliminary figures from market research firm NPD — a sign that a tepid consumer environment is impacting the company's business.

Sam Oliver 17 years ago 10

A 'healthy' Steve Jobs expected to take the stage tomorrow

Wall Street will look for signs Tuesday that Apple can maintain its strong sales growth amid a weakening consumer market, but will also pay close attention to the physical appearance of chief executive Steve Jobs.

Katie Marsal 17 years ago 69

Apple added to short-term Alpha List at Piper Jaffray

Investment bank Piper Jaffray on Tuesday highlighted shares of Apple Inc. by adding them to its Alpha List, saying three key catalysts are likely to lead to significant share appreciation in the short term.

Sam Oliver 17 years ago 16

Apple's Sept quarter Mac and iPod sales ahead of estimates

After extrapolating just-released NPD market research data on Mac and iPod sales for the month of July, investment bank Piper Jaffray is out with a call suggesting that Apple is on track to best Street estimates on both fronts for its September quarter.

Sam Oliver 17 years ago 16

Retail sources say its closing time for current iPod line

Resellers both near and afar are reporting signs that Apple's current line of iPod digital music players are on their way out the door, just as one prominent Wall Street analyst restates his claim that a $199 iPod touch is likely to be among the new models that will fill the void.

Katie Marsal 17 years ago 81

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