Posted on 03/16/2005 1:20:21 PM PST by HAL9000
Piper Jaffray expects Apple Computer to gain share in the personal computer market over the next two to three years.Piper Jaffray cited the iPod halo effect, "continuous innovation leading to highly functional products at realistic price points," and security and performance issues for PCs based on Microsoft Windows.
The research firm said, "It is important for investors to keep in mind that minimal upside to Mac market share estimates could have a significant impact on Apple's overall results."
Piper Jaffray, which maintained an "outperform" rating on Apple, said that assuming "immaterial" market-share gain over the next eight quarters, Macintosh's market share could rise to 2.3% in calendar 2006 from 2.0% in calendar 2004.
However, minimal upside to those "conservative" estimates would have a significant impact on Apple's overall numbers, Piper Jaffray said.
"Specifically, we believe that if Apple could grow its market share from 2.0% in calendar 2004 to 3.5% in calendar 2006, the incremental add to our existing earnings-per-share estimate would be 30 cents, or 25%," the firm said.
Piper Jaffray currently estimates Apple's fiscal 2005 earnings at $1.04 per share, and fiscal 2006 earnings at $1.18 per share.
Twice nothing is nothing.
According Piper Jaffray it's worth 25%. How many private equity managers give you that?
What would it be worth to Moto to have 1% more of the mobile handset pie?
I gotta hand it to them.
They've come up with some products lately that I might actually buy.
In other revolutionary news, Apple has plans for a *gasp* two button mouse on the drawing board.
Speculation is also brewing on whether the fabled "Document panning wheel" will be released by its scheduled 2067 timeframe.
That's impressive. Not.
You can plug your two-button mouse right into a Mac and right-click to your heart's content, minus the adware, spyware and absolute avalanch of viruses. I've used Macs almost exclusively since 1988, and have had nothing approaching the problems that MicroShaft Windoze users have experienced on an almost daily basis. MS Office for Mac is actually the superior version, in my opinion.
While those other companies (who? sony?) may put a squeeze on them, iPods will still sell, and sell well. iPods are a status symbol and a scarce item, even after years of being on the market. While it is true that its a pretty good product and stores lots of music, i would guess that people buy them just because they can say they have an iPod. There are already competing products on the market that deliver similar performance at a less costly price point, but have less "mystique."
I lost my HP laptop to a washing machinne malfunction. My wife made me replace it with an apple. I write from my iBook G4. Yeah?!?
They won't zot me for that will they?
Assuming Apple doesn't have anything up their sleeves... which isn't a smart assumption to make at all...
Congratulations on marrying a smart and very fine woman!
Whatever. I'm impressed with the AAPL performance in my stock portfolio....
iPod.
Because you won't buy any of our other shit.
There is no book that could fully contain the "issues" with the Windoze Pee-Cee. I'm no IT professional, and have never had a problem with my Mac that I could not correct myself in under an hour.
"980 Pages?!? That's a lot of pages for a computer that "Never has problems.""
I've never owned anything but Apple computers--and I wouldn't change for anything. The only thing that bothers me about Apple getting bigger, is that one day those nerds who start all these viruses and worms will start writing them to affect Apple computers.
Indeed:
I regularly berate myself for selling at 35 (pre-split).
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