MacDailyNews - Where Mac news comes first

 MacDailyNews Poll

Deal of the Day

5 Day Most Commented

Opinion Archive

Current Headlines

Latest Joy of Tech

  • Latest Joy of Tech!

MacNN

AppleInsider

Macworld UK

TUAW

MacRumors

Yahoo! Finance AAPL

iTunes Top 10 Albums

Mac OS X Downloads

Thu, Mar 18, 2010 - 05:16 PM EDT  —  AAPL: 224.65 (+0.53, +0.24%)  |  NASDAQ: 2391.28 (+2.19, +0.09%)

Apple shares pop on strong MacBook estimates
Monday, November 24, 2008 - 09:35 AM EDT

"Apple Inc. shares picked up in premarket trading Monday as analysts predicted the appeal of the computer company's latest notebooks will outweigh a weaker outlook for iPod and iPhone sales amid a dismal holiday season for retailers," AP reports.

"JPMorgan analyst Mark Moskowitz... raised estimates for Mac notebooks, "AP reports. "Oppenheimer & Co. analyst Yair Reiner gave a similar outlook for Apple... 'Even with the consumer battling hypothermia of the wallet and soul, we believe the fundamental attraction of the Mac -- its aesthetic appeal, usability, and integrated multimedia applications -- will continue to peel users away from the Windows mold,' [Reiner wrote in a note to clients.]"

Full article here.

MacDailyNews Note: Shares of Apple Inc. (AAPL) are currently trading up $3.87, or 4.69%, at $86.45.

[Thanks to MacDailyNews Reader "Martin" for the heads up.]


Bookmark and Share

Always -- Free ground shipping with orders over $50 at the Apple Store.

Reader Feedback: = registered.
Unregistered users: Feedback from multiple usernames are subject to deletion. Off-topic and posts from suspected astroturfers will be removed.

Reader feedback page 1 of 1 pages:
Nov 24, 08 - 11:18 am Comment from: ralph from berlin

so apple is winning 2 bn in marketcap because of the BELIEVES of two morons? wall street is just a stupid game anymore. and next time they feel or believe otherwise and appl falls. stupid just stupid.

Nov 24, 08 - 11:34 am Comment from: handsome smitty

It's "beliefs" - talking about morons, one should stop and use a spellchecker...

Nov 24, 08 - 11:54 am Comment from: Chris

Well, to be fair, "believes" wouldn't have been caught by a spellchecker.

But I agree with you, the entire market is just a mess of speculation and insecurity. Any stock will pop if there's something that gives day traders even a little bit of hope.

Nov 24, 08 - 12:12 pm Comment from: DLMeyer

Yes ... that one requires a human intelligence to decipher. Or a grammar checker. Something I have given up using because well over 90% of my "errors" are intentional misuses of the language, intended to make some point or other.
It's often interesting to see the market respond to some dollop of sanity "discovered" by some analyst or other. Apple is one of the healthier companies around, with solid financials and growing shares of several growing markets. AAPL is a windblown leaflet tossed by the uncertainty of foolish market whims. Still, AAPL will be around as long as Apple is. While this is also true of Dell, that future seems less certain.

Nov 24, 08 - 12:23 pm Comment from: Macdoc

I believe Apple stock will hit $120+ once it gets out about the hidden new features in iPhone software update 2.2

Nov 24, 08 - 12:48 pm Comment from: WriterGuy

"hidden features"???

WTF??

Nov 24, 08 - 01:35 pm Comment from: qka

"Windows mold" - is that like Windows fungus?

Nov 24, 08 - 01:45 pm Comment from: Zune Tang®

"…fundamental attraction of the Mac [sic] -- its aesthetic appeal, usability, and integrated multimedia applications -- will continue to peel users away from the Windows mold."

WTF? The fundamental attraction of the MAC is the stupendously high level of pretentiousness it gives people. I can build my own PC and customize it any way I want for way less than a toy MAC. And Multimedia applications? Whatever. It's spreadsheets and Exchange-based e-mail systems that pay the bills. Dorks.

I'm a PC.

Your potential. Our passion.™

Nov 24, 08 - 10:35 pm Comment from: MikeR

@handsome smitty
Not everyone here uses English as a first language. This is a global site, get used to it! How about you go to a German site and get involved? Could you contribute anything? Doubtful!

Reader feedback page 1 of 1 pages:

Always -- Free ground shipping with orders over $50 at the Apple Store.

Add Your Feedback:

Register or Login

Name:

Email: (optional)

Emoticons | Allowed HTML Tags

Remember my info   Notify me of follow-up comments?

Please enter the "MDN Magic Word" you see in the image below: