Credit Suisse initiates coverage of Apple with ‘outperform’
Friday, August 08, 2008 - 09:02 AM ESTIn a note to investors, Credit Suisse said that the personal computer market has a potential growth rate of 13.6% in 2008 and 12.7 percent in 2009, which reflects better performance than initially feared in a macro economic downturn.
"We see solid growth for the prominent Apple 3G iPhone driven notably by its evolving economics - iPhone now unlocked, greater subsidies leading to lower retail price and no geographic exclusivity," Credit Suisse analyst A. Bommelaer added in the note.
In addition, Infineon (IFXGn.DE) may benefit from the Apple iPhone, the analyst noted, adding that Infineon currently supplies 100 percent of digital baseband, power management, and other components for a combined semiconductor content to Apple, at $20 per phone.
[Thanks to MacDailyNews Reader "CS Investor" for the heads up.]
Send us links! Email: webmaster@macdailynews.com
MacDailyNews and iPodDailyNews are Apple Store affiliates and if you buy something from the Apple Store within 24-hours after clicking any one of our Apple Store ads, we will receive an affiliate percentage from Apple. There is no extra cost to you. Canadians please use this link: Apple Store Canada. Thank you in advance for helping to support MacDailyNews and iPodDailyNews.
Apple Store Advertisements:
• The all-new 13-inch MacBook. The next generation of notebooks starts at $1299.
• The all-new 15-inch Macbook Pro. New design. New features. New technologies. From $1999.
• The all-in-one iMac. Now at speeds up to 3.06GHz. Free shipping. From $1199.
• iPod touch. The funnest iPod ever. Starting at $229. Free Shipping.
• iPod nano. New design. New features. Starting at $149. Free shipping.
• Visit the Apple Store today. Free ground shipping on all orders over $50.
MacDailyNews on Twitter
MacDailyNews and iPodDailyNews are Apple Store affiliates and if you buy something from the Apple Store within 24-hours after clicking any one of our Apple Store ads, we will receive an affiliate percentage from Apple. There is no extra cost to you. Canadians please use this link: Apple Store Canada. Thank you in advance for helping to support MacDailyNews and iPodDailyNews.
Apple Store Advertisements:
• The all-new 13-inch MacBook. The next generation of notebooks starts at $1299.
• The all-new 15-inch Macbook Pro. New design. New features. New technologies. From $1999.
• The all-in-one iMac. Now at speeds up to 3.06GHz. Free shipping. From $1199.
• iPod touch. The funnest iPod ever. Starting at $229. Free Shipping.
• iPod nano. New design. New features. Starting at $149. Free shipping.
• Visit the Apple Store today. Free ground shipping on all orders over $50.
MacDailyNews on Twitter
= 
8-8-08! Let the games begin. This is from a write-up of the games on Drudge.
"People really are selling their talent in a way that can make them money," said Ai Weiwei, an internationally recognized artist based in Beijing. "They really know that if they work with the government, they'll benefit.
I wee wee? Very comical name.
Buy Apple.