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Sun, Nov 08, 2009 - 11:14 AM EST  —  AAPL: 194.34 (+0.3099, +0.16%)  |  NASDAQ: 2112.44 (+7.12, +0.34%)

Nate Pile: Analysts are dramatically underestimating Apple’s Mac resurgence
Wednesday, December 19, 2007 - 04:14 PM EST

"Apple’s stock has continued to buck the trend on Wall Street, posting a 14%-plus gain in the four weeks since last month’s issue went to press," Nate Pile, the editor of Nate's Notes, explains. "And, while there is always the chance that a negative surprise will suddenly materialize for the company, I continue to believe that the company’s prospects are still the brightest they have ever been, especially when it comes to the company’s computer business."

Pile writes, "In a nutshell, I believe that analysts are still dramatically underestimating the chances of Apple pulling off a major coup in this space by returning to double-digit market share 'far sooner than anyone believes is possible.' In anticipation of a great holiday season, AAPL is now a strong buy under $185 and a buy under $220."

Source: Nate's Notes Issue 155

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Dec 19, 07 - 04:20 pm Comment from: AAPL

I am long myself

Dec 19, 07 - 04:27 pm Comment from: Mac+

AAPL is the real "surprising" stock, waaay above GOOG.
People will only realize that when it is as big as MSFT in 5 years.

Dec 19, 07 - 04:30 pm Comment from: Veronica

I bought a thousand years ago wen they were under 10 bucks! raspberry

Dec 19, 07 - 04:30 pm Comment from: TowerTone

Does this mean that Nate's chauffeur is a Pile driver?

Dec 19, 07 - 04:36 pm Comment from: Jim - TIV

@TT.... total spit take bro.

Dec 19, 07 - 04:43 pm Comment from: TowerTone

Jim TIV
That reminds me of something my sister said once....
(OK, not really)

Dec 19, 07 - 04:56 pm Comment from: Macromancer

I don't think the gentleman who predicted AAPL would go to $600 is underestimating it.

Dec 19, 07 - 05:01 pm Comment from: Ampar

TT: Only if it's shag.

Dec 19, 07 - 05:08 pm Comment from: TowerTone

Hey, Amp. I see what you did there....
Quite a play.
Was it laid wall to wall?

Dec 19, 07 - 05:08 pm Comment from: John Gee

50% market share by 2010. I believe it.

Dec 19, 07 - 05:27 pm Comment from: Buster

I wonder if Nate's brother's name is Gomer?

Dec 19, 07 - 05:52 pm Comment from: ken1w

> returning to double-digit market share 'far sooner than anyone believes is possible.'

I think Apple is already passed the 10% mark in the U.S., starting the current quarter. At this point, no well-informed buyer is going to want a brand new computer with Windows Vista. I'd guess about 1 in 10 buyers are "well-informed" at this point. The only truly viable alternative is to buy a Mac (with apologies to the Linux folks).

Dec 19, 07 - 05:53 pm Comment from: TowerTone

"I wonder if Nate's brother's name is Gomer?"

talk about pile driving....
Hey, I heard he raises nuts.

Dec 19, 07 - 05:54 pm Comment from: smackman

My take?

by 2010:
MS=70% Apple=$25% Linux=

smile

Dec 19, 07 - 06:08 pm Comment from: Macaday

The full extent of the Apple resurgence presently underway will not be fully visible until it is viewed with hindsight... wink

He may well be right.

Dec 19, 07 - 06:16 pm Comment from: Zuno the Clown

I'd say something very positive is happening with Mac share.
Last week I flew through Chicago Midway and Pittsburgh, and the number of MacBooks and MacBook Pros was astounding.

I have never seen so much Apple hardware in my life, and it was not easy to pinpoint a common demographic among the users.

I did envy an old codger who was using a 17" MacBook Pro. He couldn't have cared less if our plane was late.

Dec 19, 07 - 07:02 pm Comment from: Ampar

Well, TT, I was just trying to be "frank" with you.

wink

Dec 19, 07 - 07:23 pm Comment from: Ampar

Um, it won't happen again.

:-p

Dec 19, 07 - 07:29 pm Comment from: TowerTone

In the spirit of the season, I will refer to my nemesis as "FrankenSenseless".

Dec 19, 07 - 07:40 pm Comment from: Peterson/Pete/Realist/MacDude

I was a nemesis once

Dec 19, 07 - 07:40 pm Comment from: Peterson/Pete/Realist/MacDude

or was it senseless?

Dec 19, 07 - 07:43 pm Comment from: Jim - TIV

In between spit takes while reading TT and Ampar, I just finishing up helping my 41st switcher since bootcamp was released set up her macbook.

Dec 19, 07 - 07:44 pm Comment from: Jim - TIV

correction "I just finished helping... yadayada"

Dec 19, 07 - 08:00 pm Comment from: Ampar

TT: Let's just leave out the Frankenberries.

Jim - TIV: You rock!

Dec 19, 07 - 08:04 pm Comment from: TowerTone

Do we have to leave out his and Gloria's son, Frank N. Steinem, too?

Dec 19, 07 - 08:21 pm Comment from: Ampar

Wasn't he in the lesbian remake of the Rocky Horror Picture Show sponsored by Snap-On Tools?

Dec 19, 07 - 08:37 pm Comment from: Steve516

In the past month alone, three of my close windows friends have purchased Macs. I would say that the market share is over 10% already also... and given how PACKED the Apple stores tend to be in the NY area...

BTW - I fondled a new iPod Nano today, and was really impressed. I have packs of chewing gum that are bigger. Quite nice! I won't give up my iPhone, but it is really nice!

Dec 19, 07 - 09:03 pm Comment from: Buster

Ampar-TT....stop it. You guys are killing me.

Dec 19, 07 - 09:20 pm Comment from: Ampar

You know I've loved you since your Buster Hymen days. Good times?

Dec 19, 07 - 10:24 pm Comment from: KenC

My own anecdotal evidence. Before Thanksgiving, I was in O'Hare airport. I walked up and back from a Starbucks counter, passing ten or so gates on the way. I counted all the laptops in view. There were 15 PC laptops and 15 Macs. When it comes to the laptop market, Apple must have dented 10% share by now.

Dec 19, 07 - 10:27 pm Comment from: TowerTone

"Wasn't he in the lesbian remake of the Rocky Horror Picture Show sponsored by Snap-On Tools?"

Yes, he was "Asshole!", but was shaved and didn't stick out....

Dec 19, 07 - 10:28 pm Comment from: TowerTone

Buster Hymen? Do you know Anita Cherry?

Dec 19, 07 - 11:13 pm Comment from: i c it

22% Apple,

41% Linux,

26% Microsoft

and

11% Google (Webkit) application server base folks

by 2010.

Dec 20, 07 - 12:40 am Comment from: Zuno the Clown

IIRC, NPD had US Mac notebook share in the 18% range recently.

Dec 20, 07 - 10:28 am Comment from: Ampar

"41% Linux"

Maybe in the server rooms.

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