Demand for the iPad is also rising, according to data from a ChangeWave survey
RBC Capital's Mike Abramsky has raised his fourth quarter iPhone and iPad estimates based on the results of a survey of 2,200 potential buyers. The survey, conducted in August by ChangeWave research, showed what Abramsky called "unprecedented iPhone 5 demand and strong back-to-school iPad buying intentions."
In a note to clients issued Tuesday he ticked off the main data points: (I quote)
Based on these results, Abramsky has raised his fourth quarter iPad estimate to 12.5 million units (from 10.5 million) and his first quarter 2012 iPhone estimate to 27 million units (from 24.4 million). His Q4 2011 iPhone estimate remains unchanged at 19.5 million.
Below: A ChangeWave chart of tablet-buying intentions that should strike fear in the hearts of Apple's (AAPL) competitors.
76% say they'll sign up for free e-mail; 30% for the $25/year music matching service
Apple (AAPL) is not a company known for giving things away for free, but when they do, people tend to respond positively. According to a survey conducted for RBC Capital the week after Steve Jobs' iCloud keynote:
76% of respondents said they were likely to sign up for iCloud, Apple's free e-mail, back-up and data syncing service
Exploring the mysteries of what the analysts call "multiple compression"
When Apple's (AAPL) shares responded to the news out of the company's developers conference by closing the week at $325.90 -- their lowest level since last December -- I thought I'd take a look at how last Friday's stock price compared with the 12-month price targets Wall Street's analysts posted exactly one year earlier, after the conference that introduced the iPhone MOREPhilip Elmer-DeWitt - Jun 14, 2011 11:02 AM ET
An analyst sketches out the economic implications in two scenarios: One serious, one less so
RBC capital's Mike Abramsky was the first analyst out of the gate Friday with a note to clients assessing the effect on Apple (AAPL) of the explosion at Foxconn's Chengdu plant.
According to Abramsky, the plant is one of two primary manufacturing sites where the iPad 2 is produced, the other being Foxconn's original Shenzhen facility. His MOREPhilip Elmer-DeWitt - May 20, 2011 2:55 PM ET
A dispatch from Barcelona sees trouble ahead for the iPad's competitors
RBC Capital's Mike Abramsky has coined a new acronym: NAAT! (Not Another Android Tablet!)
"The geyser of Android tablet launches continues," he writes in a note to clients from Day 2 of Mobile World Congress 2011 in Barcelona. He mentions, among others, the HTC (Flyer), ViewSonic (ViewPad 4), and Samsung Galaxy Tab 10.1. "Plus dozens of lower-end Android tablets pending from MOREPhilip Elmer-DeWitt - Feb 16, 2011 10:51 AM ET
In two hours, Apple's smartphone breaks all the carrier's first-day launch sales
That didn't take long.
Verizon (VZ) announced Friday that it had halted pre-sales of Apple's (AAPL) iPhone, having burned through its first shipment in less than a day.
It took only two hours -- from 3 a.m. to 5 a.m. EST Thursday -- for the company to sell more phones than any first-day launch in its history, according to Verizon Wireless MOREPhilip Elmer-DeWitt - Feb 4, 2011 10:14 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
At least in the U.S., according to StatCounter. Worldwide, Nokia's Symbian still rules
When Apple (AAPL) introduced the iPhone, it awakened a sleeping giant in Canada, forcing Research in Motion (RIMM) to improve the experience of browsing the Web on a BlackBerry.
Those efforts have finally paid off. According to a report issued Wednesday by the Web analytics firm StatCounter, the BlackBerry OS has now overtaken Apple's iOS in terms of mobile MOREPhilip Elmer-DeWitt - Dec 1, 2010 6:47 AM ET
An analyst examines the impact on iPhone shipments and on Apple's share price
In the wake of Verizon CEO Ivan Seidenberg's remarks Thursday -- which seemed to pour cold water on rumors of the imminent release of a Verizon iPhone -- RBC Capital's Mike Abramsky takes a look at the implications in a note to clients issued Friday.
He begins by saying he is not surprised Apple (AAPL) and Verizon (VZ) may MOREPhilip Elmer-DeWitt - Sep 24, 2010 10:24 AM ET
Analysts either don't believe Apple's revenue guidance, or they're deliberately low-balling it
Anybody who follows its earnings reports can tell you that Apple (AAPL) guides conservatively, under-estimating its forward-looking numbers to demolish them at the end of the quarter.
Only once in the past 23 quarters -- in the summer of 2006 -- did it miss its revenue guidance, by 0.7%. In the other 22 the company beat its MOREPhilip Elmer-DeWitt - Jul 25, 2010 6:13 AM ET
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