With Apple trading below $550, Brian White's price target still stands at $1,100
FORTUNE -- Of all the sell-side analysts who have stuck their necks out on Apple (AAPL) -- and with a mean price target or $667, there are plenty -- none is further out on a limb than Topeka Capital's Brian White. He set a 12-month target of $1,100 a share last April and hasn't budged since.
On Thursday, with Apple's MOREPhilip Elmer-DeWitt - Nov 8, 2012 10:49 AM ET
"Time to sell or time to buy? There's probably an app for that."
FORTUNE -- ABC News Nightline weighed in Wednesday night on the recent decline in Apple's (AAPL) share price.
Bulls and bears, I suspect, will both find something not to like in the report. The line that raised my eyebrows highest:
"Even Microsoft, long ago left in Apple's dust, has a new exciting tablet called the Surface nudging for attention and MOREPhilip Elmer-DeWitt - Nov 8, 2012 8:33 AM ET
For the second time in two years, Terry Gou's complaints make headlines
FORTUNE -- Okay. I've read most of the 22 stories posted on Techmeme Wednesday morning repeating -- with little or no commentary -- Reuters' account of Foxconn chairman Terry Gou's remarks to reporters after a business forum in Taipei, Taiwan.
"It's not easy to make the iPhones," Gou said, according to Reuters. "We are falling short of meeting the huge MOREPhilip Elmer-DeWitt - Nov 7, 2012 2:15 PM ET
Explaining a curious discrepancy in Apple's projected and actual capital expenditures
FORTUNE -- Sharp was in serious trouble last summer.
It had hemorrhaged 103 billion yen ($1.3 billion) in cash in the first half of 2012. It had another 200 billion yen ($2.3 billion) in convertible bonds coming due in 2013. And an emergency infusion of cash from Foxconn had just fallen through.
This was a problem for Apple (AAPL), because it was MOREPhilip Elmer-DeWitt - Nov 7, 2012 8:16 AM ET
With models, starlets and disco music, the iPhone 5 makes a splash on the subcontinent
FORTUNE -- "Nowhere in India will you see this kind of queue to buy a smartphone." -- TV reporter, Mumbai, Nov. 2
India may be the fastest-growing mobile phone market in the world, but it's been hostile territory for Apple (AAPL).
In a country of 1.2 billion that buys 15 million cell phones a month, Samsung commanded a MOREPhilip Elmer-DeWitt - Nov 6, 2012 10:34 AM ET
Meanwhile, a new survey shows a dip in the loyalty of Apple iPhone owners
FORTUNE -- Here are two Monday morning Apple (AAPL) news items that pull in opposite directions.
Aymco's Horace Dediu has published a series of charts that show the growth in the smartphone market share of Google's (GOOG) Android slowing over past six months while iOS is still gaining. See The late smartphone adopter paradox.
Meanwhile, a website called Tom's MOREPhilip Elmer-DeWitt - Nov 5, 2012 7:27 AM ET
Reports of disappointing crowds may have been premature
FORTUNE -- I'm seeing headlines to the effect that the iPad mini is drawing smaller crowds than previous Apple (AAPL) product launches.
I've only been to the flagship store on Fifth Avenue today, so I'm not in a position to generalize.
But shortly before 8 a.m., when the store usually opens for a new launch, I had a headcount of 550. According to the records MOREPhilip Elmer-DeWitt - Nov 2, 2012 9:54 AM ET
Sales up 45%. Earnings up 59.5%. Cash up $40 billion. Analysts were disappointed.
FORTUNE -- Apple (AAPL) released its Form 10-K annual report Wednesday. To the key numbers summarized below we'll add one more: Since the end of the company's 2012 fiscal year in September, its shares have fallen $71.78 (10.8%).
From the 10-K:
Employees: 72,800 full-time equivalent, up from 60,400 in 2011
Retail employees: 42,400 full-time equivalent, up from 36,000
Building space: 17.3 million MORE
Forstall and Browett are out. Ive, Cue, Mansfield and Federighi pick up the slack
FORTUNE: While the fourth estate was preoccupied with a hurricane and Wall Street was closed due to flooding, Apple (AAPL) announced a major shuffling of its executive team Monday.
Here's how some leading Apple watchers told the story overnight:
Piper Jaffray's Gene Munster: Apple Consolidates Management Around Core Players. "Yesterday Apple announced top level management changes, most notably Scott Forstall head of MOREPhilip Elmer-DeWitt - Oct 30, 2012 7:13 AM ET
An analyst predicts the company's demise, yet still rates it a "buy"
FORTUNE -- Here's a quote for Daring Fireball's claim chowder:
"As we have stated before on many occasions, Apple's time to turn from a tech titan into a dinosaur will come, but we still think that we are at least a year away..." -- Berenberg Bank's Adnaan Ahmad
I suppose working for a company that's been in the private banking business since 1590 MOREPhilip Elmer-DeWitt - Oct 29, 2012 11:51 AM ET
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