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Needham

Latest News

Kaufman Bros ups Apple target to $415 in spite of Steve Jobs' absence

A medical leave of absence from Apple Chief Executive Steve Jobs has not deterred the firm Kaufman Bros. from its bullish stance on the company's stock, and even went as far as to up its price target to $415 on Tuesday.

Neil Hughes 15 years ago 17

Apple's iPhone could be last standing in smartphone 'race to the bottom'

Google's Android and Microsoft's Windows Phone 7 will compete for presence on handsets in a smartphone market "race to the bottom," one that could leave Apple's iPhone as the "last man standing," one prominent Wall Street analyst believes.

Neil Hughes 15 years ago 49

Mac pricing gives Apple top dollar share in U.S. home PC market

For the first time ever, Apple is the dollar share leader in the U.S. home PC market, with the Mac taking 29.4 percent of every dollar earned from domestic home computer sales.

Neil Hughes 15 years ago 75
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Apple's government Mac sales surge 200%, enterprise grows 50%

Apple's Mac sales to enterprise and government customers in the June quarter saw tremendous growth, easily beating competing PC makers in the three-month span.

Neil Hughes 15 years ago 91

iPad, Mac, iPhone growth potential seen to propel Apple stock to $375

A prominent Wall Street analyst has upped his price target for Apple stock from $280 to $375, citing stronger than expected iPad, iPhone and Mac sales, and the fact that the company remains "a small fish in three very large ponds."

Slash Lane 15 years ago 49

Roundup: Apple impresses Wall Street with another 'stellar' quarter

Apple again exceeded expectations on Tuesday, when it reported its quarterly earnings, with record Mac sales and signs that the company can sustain its continued growth.

Neil Hughes 15 years ago 18

Open source community 'hopelessly confused' by Apple-HTC suit

Analyst Charlie Wolf with Needham & Company said Friday he believes the open source community, which has backed Google's Android mobile operating system against the iPhone, has the wrong take on Apple's patent lawsuit against rival handset maker HTC.

Neil Hughes 16 years ago 126

Apple sees 98% iPhone growth as Microsoft, Google prepare for battle

Worldwide smartphone shipments stormed back last quarter with 37.2 percent in growth, and Apple's iPhone led the way with a 97.9 percent year-over-year surge in shipments. But the real coming battle in the mobile market, according to one analyst, lies between Microsoft and Google.

Neil Hughes 16 years ago 87

Apple's pricing discipline gives Mac 10.5% market dollar share

Though Apple carries just 5 percent of the total worldwide home PC market, the Mac commanded 10.5 percent of the market's dollar share during the holiday buying season.

Neil Hughes 16 years ago 87

Strong Mac, iPhone sales projected to propel Apple stock to $280

Stronger-than-expected Mac and iPhone sales in the last two quarters and the impending launch of the iPad have led Needham & Company to raise its price target on Apple stock to $280.

Neil Hughes 16 years ago 106

Apple seen moving 2M iPads in 2010 before sales 'catalyst' emerges

Though it has great future potential, Apple's newly announced multitouch iPad will see a moderate sales start, and most purchases will be at the cost of iPod touch sales, a new analysis has projected.

Neil Hughes 16 years ago 164

Wall Street expects Apple's 'risky' iPad to sell 1M-5M in first year

With an aggressive $499 starting price point, Wall Street analysts believe Apple's e-reading, game playing, media consuming iPad device is a worthwhile risk that will become a multi-million seller in its first year.

Neil Hughes 16 years ago 242

Apple's earnings impress, but analysts hold breath for 'latest creation'

Apple beat most Wall Street analysts' expectations Monday when it reported its most profitable quarter ever, but the impending product announcement scheduled for Wednesday is what everyone is really waiting for.

AppleInsider Staff 16 years ago 31

Apple's iPhone 'halo effect' lifts Mac to 16.4% sales growth

Global Mac sales have significantly outpaced the rest of the PC market, which expanded just 2.3 percent year over year — just more evidence of the iPhone halo effect, according to one analyst.

Sam Oliver 16 years ago 101

Needham downgrades Apple stock on technicality

Needham & Company downgraded their assessment of Apple stock from a "strong buy" to "buy" rating Tuesday, as a result of the firm's own rules for ratings, but not a change in their positive outlook for the stock.

Neil Hughes 16 years ago 15

Apple stock seen poised to pop after record setting quarter

Wall Street analysts have raised their price targets for Apple stock yet again, after the company posted another recession defying blockbuster quarter with record Mac and iPhone sales.

Neil Hughes 16 years ago 46

iPhone predicted to drive Apple stock to $235

A new report predicts Apple stock will break past the $200 milestone, riding high on the successful and profitable iPhone, even as the company's other businesses are predicted to lose value.

Neil Hughes 16 years ago 51

Despite lack of surprises, Apple announcements seen as positive

Although Wednesday's iPod announcements were seen as a relative "non-event," analysts are still high on Apple stock, predicting that the hardware maker will continue to perform well in a down economy.

Neil Hughes 16 years ago 23
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