Apple Inc. (NASDAQ:AAPL)’s gross margins have been a major concern for investors and analysts alike, but Piper Jaffray analyst Gene Munster says even the worst case scenario isn’t as bad as some seem to believe. In a report issued to investors this week, Munster called concern that Apple’s margins will fall below 30 percent in the next few years “overblown.” What Would Apple Inc. (AAPL)’s Worst-Case Scenario Look Like? In his estimations, the worse-case...
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Apple Inc. (NASDAQ:AAPL) shares rose after the tech giant reported better than expected earnings. However, shares slid after hours as some investors were disappointed on gross margin concerns. Yet Tim Cook managed to convince some investors/analysts. ‘Apple Guru’ Gene Munster is out with a post earnings report in which he states that his ’thesis on Apple Inc. (NASDAQ:AAPL) remains intact as CEO Tim Cook stated during the company’s March earnings call that the company is...
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As we approach Apple Inc. (NASDAQ:AAPL)’s March quarter report tomorrow, Piper Jaffray analyst (and ‘Apple Guru’) Gene Munster continues to feel that March Street expectations still appear too high and that Apple is likely to guide June down. Gene Munster believes this is well accepted among investors, but believe with the dynamic of numbers coming down, it is difficult to predict what the stock will do in immediate reaction of the quarter and guide....
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Apple Inc. (NASDAQ:AAPL) shares are down 1.75% to $395.63 at the time of this writing on a price target cut from BMO. However, there is some more prominent news from Verizon and iPhone sales. This morning, Verizon Communications Inc. (NYSE:VZ)announced that it activated 4 million Apple Inc. (NASDAQ:AAPL) iPhones in the March quarter, representing 56% smartphone share (compared to 63% in Dec-12 and 51% in Mar-12). Gene Munster states in a new report that the number...
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Apple Inc. (NASDAQ:AAPL) is launching a cheaper iPhone according to many sources. Some analysts think that a cheaper phone could result in cannibalization. However, ‘Apple guru’ Gene Munster notes in a recent report that even with 30% cannibalization from a cheaper iPhone, shares are still a buy. Munster has adjusting his CY13-15 iPhone estimates to assume a worse case scenario of 30% cannibalization from the upcoming cheaper iPhone and still thinks that the tech...
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Apple Inc. (NASDAQ:AAPL) not only has more loyal users than competitors, it also still has cool products. Piper Jaffray’s Gene Munster states that according to his most recent semi-annual Teen survey demonstrates that Apple Inc. (NASDAQ:AAPL) remains the most popular tech brand amongst teens. As of Spring 2013, the iPhone represented nearly half of all phones used by teens and the iPad remained at close to 70% share of tablet ownership. Gene Munster believes that...
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Apple Inc. (NASDAQ:AAPL) could turn its attention to mobile payments over the next year or two, according to well-known Piper Jaffray analyst and Apple Inc. (NASDAQ:AAPL) guru Gene Munster. The tech giant won a patent for a digital wallet using Near Field Communication (NFC) last year. According to Munster, Apple Inc. (NASDAQ:AAPL) may use technology “other than or in addition to NFC” when building its mobile payments system. He also believes that it may be a...
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Apple Inc. (NASDAQ:AAPL) is crushing Android in at least one category, OS mobile traffic. Gene Munster states in a new report that a an analysis of the OS source of mobile traffic in the US shows iOS continues to lead Android in generating mobile traffic. While similar third party data has been written about in the media with similar conclusions, Munster plans on tracking this data on a monthly basis. Munster states that the...
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Apple Inc. (NASDAQ:AAPL) may have a tough road in the first half of the year, but things will pick up according to well-known Apple bull Gene Munster. He believes that although the tech giant’s earnings will shrink by 14 percent in the first half of this year, they will become positive by 15 percent in the second half. In a report issued to investors today, Munster said even he thinks Wall Street’s consensus for...
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Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) is apparently working on a device that’s similar to the smart watch (or iWatch) Apple Inc. (NASDAQ:AAPL) is said to be working on. Of course this would pit the two companies against each other yet again in a head to head match-up. Reuters cites anonymous sources who say Samsung is creating a wearable computing device that’s similar to a watch and that would offer many of the same functionalities...
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Apple Inc. (NASDAQ:AAPL) iPhone 5 now faces competition from Galaxy S4. Thursday evening, Samsung unveiled the Galaxy S4, its flagship device and Apple Inc. (NASDAQ:AAPL) iPhone’s most relevant competitor. However, ‘Apple Guru’ Gene Munster is not frightened by the Galaxy S4. The analyst at Piper Jaffray is out with a new report on the Galaxy S4. Gene Munster believes that ‘while there was hype around the event approaching that of an iPhone launch, the...
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