Piper Jaffray

Apple's growth predicted to slow to 10% in 2013. Seriously?

Piper Jaffray's estimate of 20% looks bullish by comparison. It looks crazy to us.

Gene Munster, Piper Jaffray's longtime Apple (AAPL) analyst, issued his estimates for calendar 2013 on Wednesday. The highlights:

Revenues of $164 billion (8% higher than The Street)
Earnings of $40.50 per share (10% higher)
Revenue growth slowing from 82% the June 2011 quarter to 20% in 2013.
The consensus among investors he polled was that growth would slow even more dramatically MORE

Video faceoff: Munster vs. Gauna on the post-Jobs era

A lot of room to grow, says one. The beginning of the end, says the other.

Few analysts have championed Apple (AAPL) as long or as loyally as Piper Jaffray's Gene Munster, who stuck his neck way out ahead of the pack with his early iPhone sales predictions.

Few analysts are more deeply reviled by Apple investors than JMP Securities' Alex Gauna, who has made quite a name for himself as an MORE

Wall Street shrugs off Steve Jobs' resignation

On first day of the Tim Cook era, Apple's shares actually outperformed the market

Talk about a well-executed departure.

It was only four years ago that Piper Jaffray's Gene Munster told Bloomberg News that Steve Jobs' departure would be a "disaster" that could shave 25% off Apple's (AAPL) market cap.

Fast-forward to Wednesday. Jobs submits his resignation, the market digests the news overnight, and on Thursday Apple loses 0.65% -- which on a MORE

Survey: iPhone retention 94% vs. Android 47%

Finds high pent up demand for iPhone 5 among Verizon subscribers and Android owners

It's only a tiny sample, so large conclusions must not be drawn. But the survey results reported in Gene Munster's note to Piper Jaffray clients Monday suggest that the pent-up demand for Apple's (AAPL) next iPhone could be even stronger than suspected.

In a survey of 216 mobile phone users conducted one recent week in Minneapolis ( in "food MORE

Apple's 'jaw-dropping' third quarter: The analysts weigh in

A sampling of reactions to Apple's (AAPL) profits growing 125% year over year

IDC's Al Hilwa:  "Apple's growth in the third quarter was simply jaw-dropping. In 20 years of following tech I have seen very few companies in the $90 to $100 billion run-rate and none that have produced 80% organic quarterly growth. The success of the iPad truly crystallizes the point that we are living in an era of rapid MORE

Apple reports earnings today. Five numbers to watch

A big Q3 is a given. Just look at what the stock has done lately. But the devil is in the details

The Street has fallen back in love with Apple (AAPL). "Get ready for the return of the wow factor," J.P. Morgan's Mark Moskowitz told clients last week just before the stock put the finishing touches on a 28-day, $58.48 (18.5%) run that took it to $373.80 Monday afternoon, an MORE

Apple users buying 61% more apps, paying 14% more per app

The appetite for cool software is increasing, and customers are willing to pay more for it

Apple's (AAPL) business model is increasingly dependent on the health of its App Store, the rich breeding ground of the company's software ecosystem, and a report to clients issued Monday by Piper Jaffray's Gene Munster suggests that the ecosystem's vital signs are good.

Apple only releases data about the App Store when it serves its interest MORE

The Apple-branded TV set: An analyst connects the dots

Piper Jaffray's Gene Munster believes an iOS television will succeed Apple TV in 2012

In the wake of a dubious prediction published Wednesday (DailyTech: Apple to Enter TV Display Business Late This Year) and its dismantling (TechCrunch: That Apple Television Is Coming This August Alongside The iPhone Nano (And Santa)) Gene Munster could hardly be expected to hold his tongue.

No one has championed the idea of an Apple-branded TV set (as opposed MORE

iCloud: What the analysts say

The sell-side analysts liked the show. The market, not so much.

With one exception (ahem, J.M.P.'s Alex Gauna), the analysts who follow Apple (AAPL) seemed to understand what the traders who drove Apple's shares down Monday $5.40 (1.57%) to $338.04 did not: The hundreds of improvements in its software ecosystem -- big and small --  that Apple announced Monday could, in the long run, sell more devices, convert more customers, and make MORE

Gene Munster: Why Apple's share price has lagged

Piper Jaffray offers 3 reasons investors are nervous and 3 reasons they shouldn't be

In a note to clients issued Wednesday morning, Piper Jaffray's Gene Munster takes a crack at the question Apple (AAPL) investors have been asking since January: Why, despite one record quarter after another, is the stock going nowhere?

The three reasons he offers will surprise no one who has been following this blog: (I quote)

The stock is already MORE