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Release Date: August 05, 2009
Genre: Games
Release Date: May 22, 2009
Genre: Games
Release Date: August 29, 2009
Genre: Games
Release Date: March 27, 2009
Release Date: August 07, 2009

iTunes New Music Releases

Release Date: September 29, 2009
Genre: Rock
Release Date: September 20, 2009
Release Date: September 15, 2009
Release Date: August 25, 2009
Genre: Rock
Release Date: August 25, 2009

Top 5 Paid Apps

Release Date: April 22, 2009
StickWars $0.99
Release Date: March 31, 2009
Genre: Games
Bloons $0.99
Release Date: April 05, 2009
Genre: Games

Discover New Music

  • Physical Graffiti

    • 10 out of 10
    • Led Zeppelin
    • This album bears every flavor of genius from the five records that came before. It is, I believe, the band's finest. With Physical Graffiti, Zep came raging back to their musical home territory -- har
  • Pressure Chief

    • 6 out of 10
    • Cake
    • Pressure Chief, Cake's latest album, didn't immediately grab me. In fact, it took perhaps half a dozen listens before I started truly enjoying it. Any

  • Rift

    • 8 out of 10
    • Phish
    • This quasi-concept album (the only of its kind) from these Vermonters finally showcased their ability to convey a message with a studio album, whereas previously they only succeeded in doing so live.
  • Plans

    • 8 out of 10
    • Death Cab for Cutie
    • With the introduction of Plans, Death Cab for Cutie became a new addition to many user's Artist list after the single "Soul Meets Body" became a hit on iTunes. Offering a fresh alternativ

  • Whatever People Say I Am, That's What I'm Not

    • 8 out of 10
    • Arctic Monkeys
    • Get on your dancing shoes
      You sexy little swine

      -Arctic

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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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