Gene Munster Articles on TUAW - The Unofficial Apple Weblog

Apple poised to become world's first trillion dollar company by 2014

by Steven Sande (Apr 3rd, 2012)

Piper Jaffray analyst Gene Munster raised his estimates for Apple share prices this morning, with a new 12-month price target of US$910 per share. Not long after that point, Munster expects the price of AAPL to go beyond the thousand dollar mark, which would translate to a market capitalization of ...

Tim Cook announces "record weekend" of iPad sales

by Michael Rose (Mar 19th, 2012)

Gene Munster knew that today's analyst conference call was reserved for discussion of Apple's newly announced dividend and stock repurchase plans, but he couldn't help himself -- he tried to sneak in a question about current results, specifically whether Apple would be issuing a press release ...

Apple stock named top pick for 2012

by Steven Sande (Jan 3rd, 2012)

If part of your Christmas gift stash includes a lot of cash, you might want to consider spending it on shares of Apple, Inc. Ticonderoga Securities has named the company's stock the 'top pick' for investors in 2012, mirroring the recommendation made last year by the group. Of the 20 companies ...

Piper Jaffray: iTunes Match likely breaking even for Apple

by Mike Schramm (Dec 9th, 2011)

Gene Munster of Piper Jaffray believes that for all of Apple's success with iTunes Match so far, the company is probably still only breaking even on the service. Sure, $24.99 a year from all of the service's users is a lot of money flowing in, but there's a lot going the other way as well, from ...

Piper Jaffray reports on Apple's impressive Black Friday sales (Updated)

by Kelly Hodgkins (Nov 28th, 2011)

As reported by Philip Elmer-DeWitt at Fortune's Apple 2.0 column, Piper Jaffray analyst Gene Munster crunched his Black Friday sales numbers and found that Macs and iPads were popular gifts. Munster estimated the Apple store(s) he surveyed sold about 10.1 Macs per hour and 14.8 iPads per hour. ...

Jobs bio fosters resurgence in Apple-branded TV rumors

by Steven Sande (Oct 24th, 2011)

The Walter Isaacson biography of Steve Jobs has just been officially released and now everyone from TUAW readers to Wall Street analyst Gene Munster is reading between the lines to see what Apple's "next big thing" will be. The biggest rumor? That Apple will be coming out with a branded HDTV ...

MacBook Air, Mac mini drive strong Q3 sales

by Kelly Hodgkins (Sep 13th, 2011)

The NPD group released its sales data for the current quarter and things are looking good for Apple. Mac sales are up 22% year-over-year due primarily to the release of OS X Lion and new MacBook Air and Mac Mini hardware in July. In a research note, Piper Jaffray analyst Gene Munster crunched ...

Mac sales climb after launch of OS X Lion and new MacBook Airs

by Kelly Hodgkins (Aug 23rd, 2011)

Apple's current quarterly earnings should receive a nice boost from brisk sales of Mac hardware says analysts. This summer increase can be attributed to the July introduction of OS X Lion and new MacBook Air and Mac mini models. The latest NPD report suggests Mac sales may climb 26% year over ...

Survey: iPhone retention rate at 94%, interest in iPhone 5 high

by Kelly Hodgkins (Aug 1st, 2011)

Piper Jaffray analyst Gene Munster suggests interest in the iPhone remains strong. In a recent research note, he points to a small survey of 216 mobile phone owners in Minneapolis that shows 64% will buy an iPhone as their next handset. Breaking it down, 94% of iPhone owners plan to buy ...

NPD suggests Apple had another record Mac quarter

by Mike Schramm (Jul 18th, 2011)

A new report from NPD says that Apple has probably done it again, racking up yet another quarter of record Mac sales. NPD puts the number of Macs sold at 4.2 million, which would be a year-over-year gain of 12%, and make for the best record Apple's Mac sales have ever had. US Mac sales in ...

Research shows Apple customers buy more apps, pay more for them

by Mike Schramm (Jul 11th, 2011)

A new report by analyst Gene Munster at Piper Jaffray says that not only are Apple users buying more apps this year than in previous years, but they're also generally paying more for them. The average iPhone user will buy 83 apps in 2011, according to Munster's research, which is 61% more than ...

Wall Street analysts think iCloud's future has a silver lining

by Steven Sande (Jun 8th, 2011)

Apple fans and developers apparently weren't the only people who liked the iCloud announcement on Monday at WWDC. As reported by Fortune's Philip Elmer-Dewitt, Wall Street analysts are almost unanimous in their positive comments about iCloud's effect on the financial future of Apple. For ...

NPD: Mac sales up 47% in March

by Mike Schramm (Apr 18th, 2011)

The numbers are out on NPD's March report for computer sales, and our favorite Apple analyst, Piper Jaffray's Gene Munster, said MacBook Pro sales continued to drive Mac sales overall, boosting them up to a 47 percent year-over-year-growth. Munster says that despite an overall drop in the amount ...

iPhone use by teens at a record high and growing

by David Winograd (Apr 6th, 2011)

Piper Jaffray has been polling US teens on their iPhone adoption rates twice a year, and the current bi-annual report was released yesterday. In the survey, 4500 teens were asked about the iPhones that they already own or plan to purchase over the next six months. Of those surveyed, 17 ...

Tragedy in Japan hasn't "meaningfully impacted iPad 2 supply"

by Kelly Hodgkins (Mar 25th, 2011)

The Japanese earthquake had a devastating effect on the people of Japan and temporarily shut down many manufacturing facilites. Analysts speculated this disaster might have produced a shortage of key components used in the electronics manufacturing process, but according to Piper Jaffray ...