The key to future sales growth is signing up new cellular operators, especially in Asia
In a series of well-researched charts, Morgan Stanley's Katy Huberty has put her finger on the one factor -- all others being equal -- that really drives smartphone sales: The number of cell phone operators that sell the thing.
In a report issued to clients Sunday, Huberty shared the results of an analysis of 760 carriers in MOREPhilip Elmer-DeWitt - Nov 21, 2011 8:12 AM ET
Chinese consumers rate Macs as most desirable, although only 7% can afford one
In August, according to IDC, China overtook the U.S. as the world's largest consumer of personal computers.
On Wednesday, Morgan Stanley issued the results of a survey suggesting that Apple (AAPL) is the best positioned of all PC manufacturers to capitalize on the boom.
Summarizing the results of a proprietary Alphawise survey of 1,553 consumers in 16 Chinese cities, Morgan MOREPhilip Elmer-DeWitt - Nov 10, 2011 6:39 AM ET
A huge uptick in planned spending has analysts scratching their heads
Once a year in its Form 10-K Apple (AAPL) reveals to the SEC -- and to investors -- how much it has set aside in the year ahead for so-called CapEx -- capital expenditures on land, buildings, machinery, equipment and leasehold improvements (i.e. retail stores).
In that regard, the 10-K the company filed last week was a doozy:
The Company anticipates utilizing MOREPhilip Elmer-DeWitt - Nov 3, 2011 11:37 AM ET
With Q4 earnings due next week, the pros and the bloggers are $3.9 billion apart
It has become, for the Street, an embarrassing quarterly tradition.
The Apple (AAPL) independent analysts -- a growing community of bloggers, private investors and assorted amateurs -- file estimates that look, by Wall Street's standards, outrageously optimistic.
But as the day of reckoning approaches -- in this case, Tuesday Oct. 18, when Apple is scheduled to announce its MOREPhilip Elmer-DeWitt - Oct 11, 2011 2:13 PM ET
The $76 billion Apple reported last quarter could grow to $136 billion by the end of 2012
Apple's (AAPL) fourth fiscal quarter doesn't end until next week, but Morgan Stanley Katy Huberty already has her eye on the company's massive holdings in cash and marketable securities -- $76 billion at the end of Q3, which she estimates will swell to $94 billion by December and $136 billion by the end of MOREPhilip Elmer-DeWitt - Sep 13, 2011 12:12 PM ET
For the second quarter in a row, reimbursements for his corporate jet were $0.00
We've been keeping an eye on Steve Jobs' private jet expenses ever since Morgan Stanley's Katy Huberty recommended that her clients buy Apple (AAPL) based on how much time he was spending in the air.
The argument she made in Feb. 2008, after Jobs was reimbursed a record $550,000 for jet fuel and other expenses, was that he MOREPhilip Elmer-DeWitt - Jul 21, 2011 7:30 AM ET
But an amateur -- a Romanian mathematician teaching in Paris -- nailed the numbers
This story never gets old.
An army of Wall Street analysts, backed by the computing power of some of the world's richest banks and brokerage houses, have once again been out-foxed and out-analyzed by rag-tag bunch of bloggers, amateurs and independent investors.
A glance at the chart at right, which lists the 48 analysts we polled in advance of MOREPhilip Elmer-DeWitt - Jul 20, 2011 4:19 AM ET
An analyst expects Apple to launch both an iPhone 5 and a mid-range iPhone 4S
For much of the spring, the reporters who cover Apple (AAPL) have been arguing among themselves about what to call the new iPhone they expect the company to introduce in September.
Some call it the iPhone 5, to match the iOS 5 operating system Apple unveiled to developers three weeks ago.
Some, anticipating that the new device will MOREPhilip Elmer-DeWitt - Jun 27, 2011 7:15 AM ET
Driven by China, a low-cost iPhone, the expanding tablet market and possibly a smart TV
Morgan Stanley's Katy Huberty, whose Apple (AAPL) forecasts have turned increasingly bullish in the past year (see Morgan Stanley drinks the Apple Kool-Aid), issued a report Friday even more optimistic than the glowing note she published last November.
In her "bull case" scenario, Apple ships 87 million iPhones and 65 million iPads in calendar 2011, driving MOREPhilip Elmer-DeWitt - Mar 25, 2011 6:30 AM ET
What is it with the Chinese and their iPhones?
The signs were everywhere: The steady stream of human traffic from New York's Chinatown to the Fifth Avenue Apple Store. The housewives arrested at the Hong Kong crossing with dozens of units strapped under their dresses. The scalper fights that broke out when Apple's Beijing store briefly lifted its two-iPhones-per-customer limit.
No wonder Apple (AAPL) decided several years ago to make China MOREPhilip Elmer-DeWitt - Jan 22, 2011 6:31 AM ET
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