Katy Huberty

Apple floats through the channel

The company stands out in a Morgan Stanley survey of the PC distribution channel

It's not hard to spot the outlier in the chart above, taken from Morgan Stanley's quarterly survey, released Thursday, of the PC distribution channel -- the chain of intermediary companies whose job it is to carry finished product from the manufacturer to the customer.

As far as the distributors and retailers are concerned, there's Apple (AAPL), which is MORE

Notebook sales growth goes negative. Can we blame the iPad yet?

Thursday night, just as a tornado -- or something like it -- was knocking down the trees that grow in our Brooklyn neighborhood, Morgan Stanley's Katy Huberty issued a report to clients with a chart (copied above) graphing the damage done to the notebook PC market over the past eight or nine months. "Tablet cannibalization" -- chiefly by Apple's (AAPL) iPad -- is at least partially responsible, she suggests. Her MORE

Analysts weigh in on the new Apple TV

Steve Jobs' latest iteration of the set-top box gets mixed-positive reviews on Wall Street

Piper Jaffray's Gene Munster:

We see the new Apple TV as a meaningful change in Apple's efforts in the digital living room. The addition of new content, such as Netflix, in combination with the $99 price (down from $229), will drive higher unit volumes compared to the the previous version of Apple TV. We MORE

Is the iPad now cannibalizing the Mac?

An analyst sees the first sign of trouble in July's retail sales data

Amid the good news for Apple (AAPL) in the NPD Group's report on domestic retail sales for the month of July, Morgan Stanley's Katy Huberty spots what she thinks may be a small dark cloud.

In a report to clients issued Monday, Huberty notes that sales trends for the broader PC market -- which includes Apple and everybody else MORE

Reactions to Steve Jobs' performance

A sampling of opinions -- the good, the bad and the ugly

Given how much attention Apple (AAPL) was getting before Steve Jobs' "Antennagate" press conference Friday -- CNBC greeted it with a countdown clock and eight simultaneous talking heads -- it's not surprising that his performance got widely reviewed. We counted 131 headlines on Techmeme Saturday morning, not including the 52 links to live blogs of the event.

Reactions were predictably MORE

Analysts weigh in on iPhone Death Grip

Not that big a deal, is their consensus. The market, naturally, ignores them.

On Monday, Consumer Reports decided it couldn't recommend the iPhone 4. On Tuesday and Wednesday, analysts who track Apple (AAPL) offered clients their take on what it means for the company.

Morgan Stanley's Katy Huberty saw it as a "PR problem that Apple needs to address to preserve the brand and loyal customer base." Kaufman Bros.' Shaw Wu MORE

Analysts scramble to raise AAPL targets

The iPhone 4's momentum is beyond "our bullish expectations," says Kaufman's Shaw Wu

The Wall Street analysts who follow Apple (AAPL) -- and there are dozens of them -- continue to take a second look at their spreadsheets in the wake of those 3 million iPad sales, the extraordinary flood of iPhone 4 pre-orders and the glowing reviews this week in advance of Thursday's iPhone launch.

As is their wont when Apple MORE

Hello iPad, goodbye netbook

Morgan Stanley sees the tablet reshaping the PC market, raises its Apple target price to $332

As if Steve Jobs wasn't getting enough attention after his iPhone 4 keynote Monday, Morgan Stanley's Katy Huberty issued a note to clients Monday night that's basically a love song to his iPad.

By the time she's done, she's raised her iPad sales estimates to 10 million units in calendar 2010 (from 6 million) and her MORE

Morgan Stanley ups AAPL target to $310

In the bank's "bull case" scenario, iPhone sales could drive Apple to $400 per share

In a note to clients issued early Monday, Morgan Stanley's Katy Huberty raised her Apple (AAPL) price target to $310 per share (from $275), suggesting that investors continue to underestimate 1) continued iPhone share gains, 2) better-than-expected iPad demand, 3) the growing Chinese market, and 4) increased penetration of the corporate market.

Huberty also raised her estimated MORE

Apple's Chinese iPhone sales explode

Unit sales increase 9 fold from last year. Total revenue from greater China: $1.3 billion

Analysts scratching their heads about how they could have so badly underestimated Apple's (AAPL) iPhones sales -- and as a result, its revenue and earnings -- in the quarter that ended March 27 need look no further than the Chinese market for iPhones.

The 8.752 million iPhones Apple sold in Q2 2010 beat Wall Street's estimates by MORE