Analysts predict bright future for Apple iPhone

Alex · 01-30-2007, 09:52 AM

Quote:

Analysts at Needham & Co yesterday raised their target price on Apple stock from $115 to $135. The move was made based on the strength of anticipated iPhone sales.

In a note to clients, analyst Charles Wolf suggested that at first iPhone sales will be modest. However, he went on to say: "Price is likely to fall at a 20 percent annual rate in line with the decline in component costs and rising carrier subsidies."
The analyst believes this price decline will "accelerate demand as the iPhone invades the sweet spot of the mobile phone market". Wolf believes the iPhone will cost around $75 within the next decade.

...

Furthermore, the analyst believes: "There’s about a 20 percent chance that Apple will sell at least 20 million iPhones in 2008. To provide some perspective, Apple sold 40 million iPods at an average price of $200 in fiscal 2006."

Source: http://www.pcadvisor.co.uk/news/index.cfm?newsid=8246

iUser · 01-30-2007, 10:46 AM

$135? I'm definitely fine with that. I bought apple when it was around $72 or so, it raised to $95 a week or two ago, but now it's sitting at about $85. I will be extremely pleased if it peaks over $110, let alone $135.

sukantab · 02-02-2007, 10:34 PM

Seems it is time to buy some Apple Stocks.

apple · 02-03-2007, 04:15 AM

Yeah, this is deffinetly the time to buy stocks yeah. Other analysts are saying the iPhone will ruine Apple though, depends who you listen to.

Dr.Ead · 02-04-2007, 09:21 AM

Quote:

Yeah, this is deffinetly the time to buy stocks yeah. Other analysts are saying the iPhone will ruine Apple though, depends who you listen to.

iPhone will ruin Apple, would you mind elaborating on that? or do you have a link?

apple · 02-04-2007, 10:11 AM

Several hours of looking at Apple blogs, so I can't track exact sources down. I have read it though, basically they predict a niche market and that's it, down to the price.

iUser · 02-05-2007, 02:55 PM

Rofl, if you invest simply on what an analyst says, then you deserve to lose the money. You can't just go in and throw money into a stock that you know nothing about. Look at the XBox 360 release... I am sure everyone thought MSFT was going to skyrocket, but it didn't... in fact, it lost around 11% the first week of the XBox 360 release.

sukantab · 02-06-2007, 05:09 AM

But people invest depending on suggestions and probability - don't they.
You need to take the risk.

iUser · 02-06-2007, 09:58 AM

Quote:

Originally Posted by sukantab

But people invest depending on suggestions and probability - don't they.
You need to take the risk.

No, morons invest based on suggestions and probabilities. People who make good money invest on research and probabilities. It's not that hard to dig up some SEC filings, conference calls, etc.

apple · 02-06-2007, 10:09 AM

But that's how the most money is made, by looking at the way a company is going and then predicting what it will end up as.

Stocks and shares are a completey new world to me though, I really find it funny when you switch on Bloomberg to be confronted with an array of numbers general babble.

01-30-2007, 10:46 AM	#2
iUser Senior iPhoner Join Date: Jan 2007 Posts: 229	$135? I'm definitely fine with that. I bought apple when it was around $72 or so, it raised to $95 a week or two ago, but now it's sitting at about $85. I will be extremely pleased if it peaks over $110, let alone $135. __________________ iUser iPhone addict since '06. Send me a private message Register an account to iPhoneFans.com

02-02-2007, 10:34 PM	#3
sukantab Junior Member Join Date: Feb 2007 Posts: 36	Seems it is time to buy some Apple Stocks. __________________ Playstation Info \| Film Music Forum

02-05-2007, 02:55 PM	#7
iUser Senior iPhoner Join Date: Jan 2007 Posts: 229	Rofl, if you invest simply on what an analyst says, then you deserve to lose the money. You can't just go in and throw money into a stock that you know nothing about. Look at the XBox 360 release... I am sure everyone thought MSFT was going to skyrocket, but it didn't... in fact, it lost around 11% the first week of the XBox 360 release. __________________ iUser iPhone addict since '06. Send me a private message Register an account to iPhoneFans.com

02-06-2007, 05:09 AM	#8
sukantab Junior Member Join Date: Feb 2007 Posts: 36	But people invest depending on suggestions and probability - don't they. You need to take the risk. __________________ Playstation Info \| Film Music Forum

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02-03-2007, 04:15 AM	#4
apple Banned Join Date: Feb 2007 Location: Glasgow, Scotland, Europe, Earth, Solar System, Milky Way, Universe Posts: 212	Yeah, this is deffinetly the time to buy stocks yeah. Other analysts are saying the iPhone will ruine Apple though, depends who you listen to.

02-04-2007, 10:11 AM	#6
apple Banned Join Date: Feb 2007 Location: Glasgow, Scotland, Europe, Earth, Solar System, Milky Way, Universe Posts: 212	Several hours of looking at Apple blogs, so I can't track exact sources down. I have read it though, basically they predict a niche market and that's it, down to the price.

02-06-2007, 10:09 AM	#10
apple Banned Join Date: Feb 2007 Location: Glasgow, Scotland, Europe, Earth, Solar System, Milky Way, Universe Posts: 212	But that's how the most money is made, by looking at the way a company is going and then predicting what it will end up as. Stocks and shares are a completey new world to me though, I really find it funny when you switch on Bloomberg to be confronted with an array of numbers general babble.

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