Americans appear willing to spend their hard-earned cash (or credit) this holiday season, favoring items like Apple (AAPL) iPods, MP3 players, digital cameras, handheld GPS devices, the Xbox, and Nintendo (NTDOY.PK) Wii. But the biggest seller is none other than the large-sized flat panel TV.
These are the findings of an RBC Capital Markets weekend survey of major U.S. retailers, which suggests demand and interest for electronics is outweighing concerns about the domestic housing market and high gasoline prices.
Market doesn’t care. Bids up RIMM (which didn’t get a mention from any of these excited shoppers), largely goes “meh” at AAPL.
Tommo (or other London residents) please do us the favor and check out the Regent Street Apple store and refute this AppleInsider story. Stinks to high heaven, reminds me of the bogus e-mail send to Engadget back in May.
[quote author=“awcabot”]Tommo (or other London residents) please do us the favor and check out the Regent Street Apple store and refute this AppleInsider story. Stinks to high heaven, reminds me of the bogus e-mail send to Engadget back in May.
I’ve already rebutted this report and written about UK iPhone sales to-death in two topics here and here
Jim Goldman on Verizon opening its network and what it means for the iPhone…
After listening to that piece, I am even more bullish about the iPhone’s impact.
Verizon is doing everything possible to slow down the iPhone.
SJ made a great point. The iPhone is two years ahead of the competition.
Once the open network is available by the end of the next year, Apple will come out with something else which Verizon will need to catch up with again.
[quote author=“omacvi”][quote author=“lumi”]Coming up on CNBC:
Jim Goldman on Verizon opening its network and what it means for the iPhone…
After listening to that piece, I am even more bullish about the iPhone’s impact.
Verizon is doing everything possible to slow down the iPhone.
SJ made a great point. The iPhone is two years ahead of the competition.
Once the open network is available by the end of the next year, Apple will come out with something else which Verizon will need to catch up with again.
SJ said it was five years ahead iirc. Given that it’s driven by OSX and all that implies, it may be longer.
Perhaps we need a new topic called Apple News that SHOULD move the market but PROBABLY WON’T. The relentless flow of evidence indicating strong Apple sales would fit nicely in such a thread. Here’s another reference point:
PC Mall, Inc.- MALL’s MacMall reports strong Thanksgiving/Cyber Monday sales
Sales for the period from Thanksgiving through Cyber Monday, November 22 through November 26, 2007, increased by 65% from the same period last year, primarily driven by strong sales of Apple products.
That would be a fine thread. There are so many positive articles that Apple will absolutely blow out sales this quarter and all I hear is silence from WS. Barely a whisper. They’re waiting for hard numbers.
I read some blog today saying that Apple was overpriced by about $50. Beats me. If Apple isn’t worth it’s current price then what stock is? Surely not Google or RIM. What Apple’s worth is what people are willing to pay for it.
[quote author=“Constable Odo”]That would be a fine thread. There are so many positive articles that Apple will absolutely blow out sales this quarter and all I hear is silence from WS. Barely a whisper. They’re waiting for hard numbers.
I read some blog today saying that Apple was overpriced by about $50. Beats me. If Apple isn’t worth it’s current price then what stock is? Surely not Google or RIM. What Apple’s worth is what people are willing to pay for it.
You make a good point. Whenever anyone says that Apple is overpriced, I always ask this: what do you believe is the FAIR price for AAPL, and how did you compute it? I never get a good answer. Same with “Apple is priced to perfection”. What does this mean? I heard it when AAPL was in the 120’s, the 130’s, and so on. After awhile, they just get repeated mindlessly.
Retail checks from Black Friday give Goldman Sachs’ (GS) David Bailey more reason to recommend buy-rated names like Apple Inc. (AAPL), Hewlett-Packard Co. (HPQ) and Seagate Technology (STX) as they look set to have strong consumer quarters to end the year. The analyst also likes what he has seen from neutral-rated Western Digital Corp. (WDC)
In a note he told clients that,
We would continue to buy Apple shares heading into MacWorld and its earnings announcement in mid-January as Apple’s three major product cycles – Mac, iPod, and iPhone – fuel upside. Apple will have multiple winners once again this holiday season, with Macs a particular standout.
Retail checks from Black Friday give Goldman Sachs’ (GS) David Bailey more reason to recommend buy-rated names like Apple Inc. (AAPL), Hewlett-Packard Co. (HPQ) and Seagate Technology (STX) as they look set to have strong consumer quarters to end the year. The analyst also likes what he has seen from neutral-rated Western Digital Corp. (WDC)
In a note he told clients that,
We would continue to buy Apple shares heading into MacWorld and its earnings announcement in mid-January as Apple’s three major product cycles – Mac, iPod, and iPhone – fuel upside. Apple will have multiple winners once again this holiday season, with Macs a particular standout.
Is it done to allow their customers to get out at a nice price?
Retail checks from Black Friday give Goldman Sachs’ (GS) David Bailey more reason to recommend buy-rated names like Apple Inc. (AAPL), Hewlett-Packard Co. (HPQ) and Seagate Technology (STX) as they look set to have strong consumer quarters to end the year. The analyst also likes what he has seen from neutral-rated Western Digital Corp. (WDC)
In a note he told clients that,
We would continue to buy Apple shares heading into MacWorld and its earnings announcement in mid-January as Apple’s three major product cycles – Mac, iPod, and iPhone – fuel upside. Apple will have multiple winners once again this holiday season, with Macs a particular standout.
Earnings announcements in mid-January???? If you call the 23rd of January ‘‘mid’’
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The relentless flow of evidence indicating strong Apple sales would fit nicely in such a thread. Here’s another reference point:
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