Goldman Sachs, Needham and Hudson Square Research issue new notes
You can tell you're getting close to an Apple (AAPL) earnings report when the analysts start dusting off their spreadsheets and issuing new estimates. At least three came in on Monday.
Apple's shares set an all-time intraday high of 427.75 in midmorning trading before giving up their gains at noon.
A spot check of retail sales a week before Christmas raises an interesting question
In a note to clients issued Monday, Hudson Square Research's Daniel Ernst reported on the results of a pre-holiday scouting trip he took to retail stores in New York and Connecticut over the weekend -- only a handful of shopping days before Christmas -- where he found "floor traffic up materially, but lines at checkout short."
Demand for MOREPhilip Elmer-DeWitt - Dec 19, 2011 10:25 AM ET
But phone and tablet sales are weaker, and 32% brought a TV to school, down from 73%
A relatively small survey from Hudson Square Research -- 158 students in eight U.S. colleges and universities interviewed over the past three weeks -- nonetheless yielded some striking results. According to a note to clients issued Monday by Hudson Square's Daniel Ernst:
69% of returning students said they spent less than last year on technology MOREPhilip Elmer-DeWitt - Sep 19, 2011 3:54 PM ET
College PC purchases are down for the 4th year in a row, but the Mac's share is growing.
Apple (AAPL) products play an oversized role in the small survey of college campuses (seven schools, 212 students) released Monday by Hudson Square Research's Daniel Ernst.
Although spending patterns were mixed -- fewer PCs and MP3 players, more TVs, mobile phones and digital cameras -- "Apple's share of student spending," writes Ernst, "increased materially."
Specifically, MOREPhilip Elmer-DeWitt - Sep 13, 2010 10:45 AM ET
|What stumps Warren Buffett? Minimum wage|
|Water becoming more valuable than gold|
|GM's $1.3 billion recall cost wipes out profit|
|Will 7 Apples a day keep the bears away? - The Buzz|
|Ex-Wal-Mart CEO Duke retired with $140 million|