Support Our Site
Get Better Gear!
- Notability For iPad: Much More Than A Note Taking App from Ginger Labs, Inc, US$0.99
- Scosche’s RH656m Headphones With Microphone Are Wonderful from Scosche, US$129.99
- IPEVO’s Typi Folio Case & Keyboard for iPad is First-rate from IPEVO, US$79.99
- Scosche’s boomSTREAM BT Speaker: Features & Compromises from Scosche, US$99.95
- FX Photo Studio HD: iPad Painting of Effects Made Easy from MacPhun LLC, US1.99
Top 5 Free Apps
iTunes New Music Releases
Top 5 Paid Apps
Discover New Music
- Brother Love
- Killer grooves, catchy riffs, edgy vocals with oh-so-just-right layered harmonies, and a drive that will move even YOU out of your chair, Brother Love's initial release is what rock and roll should be
- Poe
Dropping like a bomb on some of the blah musical offerings of her contemporaries, Haunted was one of the best albums of 2000, obliterating the competition.
Ostensibly a tie-in to her brot
- Miles Davis
- The jazz album to end all jazz albums. Miles Davis and John Coltrane and Cannonball Adderly and the list goes on. The who's who of who's who in jazz have assembled for this monumental record. Get this
- The Stooges
Another pillar of my musical foundations, The Stooges' first album is one those records whose influence far outweighed its popularity. Like The Velvet Underground & Nico, hordes of people wh
- The Strokes
The Strokes set the music world on fire with this 2001 album, with headlines declaring that the New York band was here to save Rock and Roll. While the band hasn't made as much of a splash since t
Reader Specials
Visit Deals On The Web for the best deals on all consumer electronics, iPods, and more!
News
OppeheimerFunds Rates AAPL as "Outperform"
Wednesday, May 21st, 2008 at 4:00 PM - by John Martellaro
OppenheimerFunds has launched its coverage of Apple with analyst Yair Reiner setting an Outperform rating for AAPL and a target price of US$235. Hes projecting that Apple will sell 28 million iPhones in 2009.
�We believe Apple is ideally positioned to drive and benefit from the ongoing transformation of the home PC form [sic] efficiency tool to media center, and of the wireless handset from mobile phone to media-centric pocket computer,� Mr. Reiner wrote in his first report on Apple.
Mr. Reiner believes that demand for the iPhone 3G will be stronger than the Street is modeling. For example, on Monday Piper Jaffray analyst Gene Munster told his investors to keep their expectations "in check." In contrast, Mr. Reiner wrote that Apple will boost its phone market share to 5 percent by 2012. When the iPhone was launched, Apples CEO Steve Jobs set expectations at 1 percent of annual mobile phones sales of about one billion units, or 10 million iPhones.
The analysts projections are for 14M iPhones in 2008 and 28 million iPhones in 2009. He sees the growth driven by additional models, specially those aimed at the enterprise.
In March, Gartner analyst Ken Dulaney reported that his sources were saying that Apple had placed an initial order for 10M new iPhones, likely 3G models, over and above the current models. At the time, the report was deemed as overly optimistic. However, Mr. Reiners projections suggest that the 10M iPhones to be delivered to Apple in June may be just the first of many such orders.
Recent Headlines
- Reading, Writing, & Saving the World
- Free Retro Gaming for iOS - Activision’s Kaboom!
- Apple Adds Chomp Bits to iOS 6 App Store Discovery
- Notability For iPad: Much More Than A Note Taking App
- Scosche’s RH656m Headphones With Microphone Are Wonderful
- Tim Cook & Larry Page Reportedly Discuss Patents
- Analysis: Amazon Kindle Fire Sold Out, Kindle Fire 2 Pic Leaked
Post Your Comments