Why did one of the world's fastest growing tech companies fall twice as fast as the market?
Boy. You leave town for one day and -- if you'll forgive an expression Elmore Leonard warns writers never to use -- all hell breaks loose.
Of course, with Japan's nuclear plants burning and the Dow dropping 242 points and change, you would expect Apple (AAPL) to take a hit. So some of its $15.42 MOREPhilip Elmer-DeWitt - Mar 17, 2011 7:18 AM ET
That depends on a host of variables -- including the day, the time and the weather
After the enormous queues that many had predicted failed to materialize the day of the Verizon (VZ) iPhone launch, it was hard not to take it as bad omen.
"The best indicator for underlying demand for a product is the lines at launch," says Piper Jaffray's Gene Munster. "Verizon threw a party and nobody came."
Which may MOREPhilip Elmer-DeWitt - Mar 7, 2011 12:44 PM ET
The key, says Gene Munster, is the iPhone's addressable subscriber base
Apple's (AAPL) shares have dropped $24.52 (6.8%) in the past three trading days for reasons that have nothing to do with the company's underlying business. In a note to clients issued Wednesday, Piper Jaffray's Gene Munster tries to bring the subject back to Apple's fundamentals.
Most investors, he writes, believe Apple's earnings growth will slow to 15%-20% in 2012, and that's MOREPhilip Elmer-DeWitt - Feb 23, 2011 7:18 AM ET
Apple's CEO, says one, is both the company's biggest asset and its biggest risk
The U.S. financial markets were closed, but a few analysts took a break from their Martin Luther King Day remembrances to say a few words about what Steve Jobs' latest health advisory might mean to Apple (AAPL) shareholders.
Morgan Stanley's Katy Huberty saw it as a "buying oppty ahead of earnings."
Piper Jaffray's Gene Munster treated it as a MOREPhilip Elmer-DeWitt - Jan 17, 2011 2:13 PM ET
Piper Jaffray's top Apple analyst offers his annual product predictions
Apple (AAPL) is unlikely to break into any new hardware categories in 2011, according to a note to clients issued Monday by Piper Jaffray's Gene Munster. But that doesn't mean the company won't have a busy year.
Here's what he sees as the major announcements of 2011:
95% probability: Launch of a Verizon (VZ) iPhone (before the end of March)
100%: Launch of the MORE
Piper Jaffray's senior Apple analyst offers two scenarios for next year's U.S. iPhone sales
Joining the growing list of analysts who have "baked in" the launch of a Verizon (VZ) iPhone in the first quarter of 2011, Piper Jaffray's Gene Munster offered two sets of estimates Wednesday:
A "conservative" scenario in which Verizon sells 9 million iPhones in 2011 at the expense of AT&T (T), which sells 4.6 million fewer than it MOREPhilip Elmer-DeWitt - Dec 15, 2010 6:31 AM ET
No, they weren't the sealed battery and the lack of Adobe Flash support
"We believe that Apple has made two meaningful errors since its entrance into the iPhone business in 2007."
That's how Piper Jaffray's Gene Munster begins the answer to his own question -- "(When) will Apple launch the iPhone on Verizon?" -- one of 12 "unanswered questions" he asks himself in a note to clients issued early Tuesday.
And what were MOREPhilip Elmer-DeWitt - Dec 7, 2010 10:40 AM ET
A couple hundred dollars less than Apple charges, according to a new consumer survey
This one is a little hard to follow, so you might want to mute your TV for a minute.
Gene Munster's team at Piper Jaffray recently ran a small survey of 65 consumers who don't presently own tablet computers.
They were shown a pair of competing devices -- a $629 Apple's (AAPL) iPad 3G and a $599 Samsung Galaxy MOREPhilip Elmer-DeWitt - Dec 2, 2010 7:49 AM ET
If T.J. Maxx had dreams of becoming an Apple reseller, it can forget them now
Few companies keep as tight reins on their retail partners -- and on the suggested retail prices of their products -- as Apple (AAPL).
Which is why Engadget's discovery Thursday that the discount chain T.J. Maxx (TJX) was selling $499 iPads for $399.99 -- or $350 plus tax if you sign up for a T.J. Maxx credit MOREPhilip Elmer-DeWitt - Nov 19, 2010 1:45 PM ET
Once the darling of the Apple bulls, Piper Jaffray's senior analyst now walks a cautious line
In June 2007, three weeks before Steve Jobs sold his first iPhone, Gene Munster predicted that within two years Apple (AAPL) would be shipping them at the rate of 45 million a year -- a call he reiterated 9 months later, along with a road map specifying exactly how the company would do it.
In fact, MOREPhilip Elmer-DeWitt - Oct 15, 2010 10:32 AM ET
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