MacWorld convenes next week and expectations of investors for good news out of Apple Computer (AAPL) are high. The shares have bounced significantly off their late December lows following what appears to a great reduction in risk related to the options backdating issue – in other words, investors are betting that Steve Jobs is safe […]
In hindsight, it appears that some of December’s weakenss in Apple shares (down about 10% prior to today’s open) was due to speculation about developments in the options back dating scandal. It is likely that prior to the publication of articles in Law.com and the Financial Times some investors may have gotten wind of the […]
The point of my post about the Forrester report on Apple’s iTunes sales was not really to discuss AAPL. Instead, I was trying to point out how the type of analysis can impact the conclusions drawn. In other words, good inputs lead to useful outputs and vice versa. When I posted this piece on StreetInsight.com, […]
Leaving aside the debate concerning why Apple Computer (AAPL) shares have been acting so poorly and whether it is deserved, I think it is fair to say that the Forrester report that said iTunes sales were plummeting was the start of the severe downward pressure. As you might recall, the Forrester report generated a huge […]
Lots of Apple Computer (AAPL) news today. UBS is out with a note claiming that Apple will enter the wireless via a mobile virtual network operator (MVNO). UBS Telecom analyst John Hodulik was discussing this in the hallways of their conference last week but went public with his thoughts today. Given a loyal Mac user […]
I have a few follow-up comments to my earnings call coverage of Apple Computer (AAPL). First, analyst commentary fell along the lines I expected. Estimates are going up, bullish analysts are reiterating their recommendations, and cautious analysts remain worried about valuation. So far I don’t see any upgrades or downgrades. Second, analysts are saying that […]
Apple Computer (AAPL) reported another excellent quarter. There is absolutely no reason that anyone who was bullish prior to the quarter should change their opinion. And there is reason to believe bears might have to rethink their position. Estimates will rise by about the same 5% increase in the stock price after hours so the […]
While Apple Computer (AAPL) shares are always volatile around earnings, I think the set up heading into this quarter is unusual. On the one hand, it is AAPL. The expectations are high and the company might receive more scrutiny than any other. The stock has rallied 50% from the summer lows following the excellent June […]
ThinkSecret.com is reporting that Apple Computer (AAPL) will be launching a cell phone through Cingular early in 2007. The report says that Cingular will have a six month exclusive. This report is just a rumor and based on my own perusal of the ThinkSecret website I wouldn’t put a lot of stock in it. However, […]
Apple Computer (AAPL) shares have continued to rise following the introduction of Microsoft’s Zune music player. Apple has benefitted from growing recognition of the company’s outstanind momentum in Mac sales, excitement over the previewed iTV device, and the introduction of updated iPods for the holiday selling season. Additionally, the Zune has been met with a […]
Office
20 N 3rd Street
Bayfield, WI 54814
Mail
PO Box 1165
Bayfield, WI 54814
tim@northlakecapital.com
847-226-9713
