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Release Date: August 05, 2009
Genre: Games
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iTunes New Music Releases

Release Date: September 29, 2009
Genre: Rock
Release Date: September 20, 2009
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Release Date: August 25, 2009
Genre: Rock
Release Date: August 25, 2009

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Release Date: April 05, 2009
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Discover New Music

  • Never Let Me Down [ECD]

    • 4 out of 10
    • David Bowie
    • It must be a lonely place to be considered David Bowie's worst album by just about everyone, including the artist himself. As the last album before Bowie "rebooted" and formed the band Tin Machine, "N
  • Live at the Magic Bag, Ferndale, MI

    • 6 out of 10
    • Supersuckers
    • Man, there's nothing like good, old fashioned, rock and roll... add a bit of industry resentment to that with a double-shot of cynicism, and you get one of the best "new" rock bands going. This album
  • Is This It

    • 10 out of 10
    • 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

  • 2112

    • 10 out of 10
    • Rush
    • We all know it, right? Well, ya just gotta have it. 2112 finally showed Rush out on their own, doing their own thing, and doing it well, IMHO.
  • Pretty Hate Machine

    • 8 out of 10
    • Nine Inch Nails
    • For years I wanted to make music that sounded like something between Love and Rockets and Ministry. In 1989, Trent Reznor beat me to it with this genre-defining album, and it smacked me upside the hea

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News

OppeheimerFunds Rates AAPL as "Outperform"

OppenheimerFunds has launched its coverage of Apple with analyst Yair Reiner setting an Outperform rating for AAPL and a target price of US$235. He’s 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, Apple’s CEO Steve Jobs set expectations at 1 percent of annual mobile phones sales of about one billion units, or 10 million iPhones.

The analyst’s 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. Reiner’s projections suggest that the 10M iPhones to be delivered to Apple in June may be just the first of many such orders.

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