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Tag: piperjaffray

iPhone use by teens at a record high and growing

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...

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Apple: iPad 2 demand is "amazing"

"Demand for the next generation iPad 2 has been amazing." That's what Apple's spokesperson Trudy Miller told The Loop, and it's consistent with everyone's anecdotal evidence. Apple released the iPad 2 at 5 PM on Friday evening. Long lines of customers greeted the launch, hoping to be one of the...

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Gene Munster: Don't expect long lines for iPad 2

Gene Munster, a senior research analyst for Piper Jaffray, expects the lines for Apple's iPad 2 to be shorter than they were for the original iPad in 2010. Even so, Munster predicts Apple will sell over 1 million of the hotly anticipated iPad 2 in its first 28 days on the market. When the...

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Apple stock hits a new intra-day all time high and Gene Munster weighs in

Apple stock (AAPL) has hit a new all time intra-day high by a mile, rising 7.25 percent as of about 11 AM. At last look, it's sitting at $329.81 and is happily ringing in the new year on the first day of 2011 trading. It may be totally coincidental, but our old friend Gene Munster, analyst for...

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Industry analyst -- iPad outselling the Mac

Industry analyst Mike Abramsky of RBC Capital Markets is bullish on the iPad, noting that at this early date, Apple is selling more than 200,000 a week of the new device. By comparison, US sales of Macs are hovering at about 110,000 per week and sales of the iPhone 3GS are at about 246,000 per week...

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Piper Jaffray estimates a big boost in Mac sales

In a report issued today (cited by Apple 2.0 and SAI), Piper Jaffray's leading light on all things AAPL gazed into his crystal ball and served up some notes on NPD retail sales data. Gene Munster's numbers are especially interesting as we head into tomorrow's earnings report. The lowdown: Munster...

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The kids are iAlright, says Gene Munster

Piper Jaffray analyst Gene Munster says more kids want iPhones. The Apple 2.0 blog has Mr. Munster hanging out with high schoolers for one of his semi-annual surveys of teen buying habits in the US. In a research note on the survey, Munster said, "Apple's dominance in the [consumer electronics]...

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Piper Jaffray: Apple sold 600-700 thousand iPads the first day

Piper Jaffray analyst Gene Munster issued a research note this morning that Apple likely sold 600-700 thousand iPads on Saturday. That's a far cry from the 200-300 thousand he originally predicted. His numbers included online pre-orders that started on March 12. It's unclear what information Munster...

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First iPad sales estimates: four million this year, double that in 2011

Even though the device won't be released for another two months, Gene Munster of Piper Jaffray has been quick to revise his sales estimates for the iPad. His former estimate of 1.9 million units sold in the first 12 months was based on an estimated average price tag of $600; now that we know the...

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Munster: Apple will sell more than 36 million iPhones worldwide in 2010

The wizard of tech on Wall Street, Piper Jaffray's Gene Munster, is bullish on AAPL. Not only does the senior research analyst (who looks nothing like our artistic portrait at right) project that the company will sell 36 million iPhones in 2010, but he believes that the number is conservative for...

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Munster: Apple to sell 500,000 units of iPhone 3G S this weekend

Everyone's favorite Apple analyst, Gene Munster of Piper Jaffray, is positively bullish on Apple and the iPhone. In a forecast released today and reported in AppleInsider, Munster says he expects Apple to sell a half-million units of the iPhone 3G S this weekend. This is much more than the 270,000...

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Munster: Apple suppliers negotiating parts deals for sub-$700 tablet

In a research note to clients, Piper Jaffray analyst Gene Munster suggested that Apple is developing a 7-to-10-inch tablet priced at $500 to $700, perhaps ready for the public in 2010. According to AppleInsider, Munster's contacts in the supply chain haven't seen a prototype of the device, but are...

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Analyst Roundup: Morgan Stanley pooh-poohs, iPhone sales looking bright

Morgan Stanley analysts yesterday cut AAPL's price target to $95, mostly citing the weak economy. They said that despite price cuts, extreme interest in the iPhone, Mac users' high satisfaction, and marketshare momentum for Mac sales, the quarter will be slow for Apple. Blog Notable Calls said it...

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Munster: Apple overestimated Q3 margin impacts

Gene Munster is skeptical that Apple's guidance of lower margins for the rest of the year in its Q3 conference call back in July, and expects the company to continue to outperform expectations. The Piper Jaffray analyst said that lower prices for NAND flash memory will offset any reductions in...

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Apple expected to beat the Street in September quarter

We recently reported on Piper Jaffray analyst Gene Munster's expectations of phenomenal iPhone sales over the next year, and now he's back with more happy Apple news! As reported on Macsimum News, Munster looked at preliminary July sales results from NPD Group, did some extrapolation, and came up...

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