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 MOREPhilip Elmer-DeWitt - Jul 11, 2011 6:42 AM ET
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 MOREPhilip Elmer-DeWitt - Jun 23, 2011 10:57 AM ET
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 MOREPhilip Elmer-DeWitt - Jun 7, 2011 8:18 AM ET
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 MOREPhilip Elmer-DeWitt - May 25, 2011 7:39 AM ET
The No. 1 carrier signed up 3.4 million new subs last quarter, while its competitors lost share
It's probably fair to assume that at least part of the Q1 2011 bump in the blue line at right can be attributed to the Feb. 10 launch of the Apple (AAPL) iPhone for Verizon Wireless (VZ).
As Piper Jaffray's Christopher Larson notes in a report to clients Monday, 38% of the new cellular subscriptions MOREPhilip Elmer-DeWitt - May 9, 2011 1:10 PM ET
While the rest of the PC industry lost ground, Apple's computer sales were growing
Once again, Mac sales zigged while PCs zagged.
In a note to clients Monday afternoon, Piper Jaffray's Gene Munster summarized data from the NPD Group for the last quarter:
In the month of March, U.S. Mac sales were up 47% year over year, driven by the new MacBook Pros that started shipping Feb. 24.
That 47% uptick followed growth of MORE
And a record 37% expect to buy one -- or get their parents to -- in the next 6 months
In the spring of 2009, Piper Jaffray's biannual survey of American teenagers reported that 8% already owned iPhones and 16% planned to buy one in the next six months. Half a year later, when the PJC surveyors went back out into the field, the teens had made good their word: 15% MOREPhilip Elmer-DeWitt - Apr 6, 2011 7:03 AM ET
Endless queues, whooping Apple staffers, saturation media coverage
Judging from the early videos, iPad 2 mania may be even more fevered in Australia and New Zealand than it is in the U.S.
The first customer in line at Apple's (AAPL) Sydney store, seen here at right, camped out for 53 hours to buy his second iPad 2 (he picked one up two weeks ago in Boston.)
No word yet on stockouts, but a MOREPhilip Elmer-DeWitt - Mar 25, 2011 8:11 AM ET
Why did one of the world's fastest growing tech companies fall twice as fast as the market?
Boy. You leave town for one day and -- if you'll forgive an expression Elmore Leonard warns writers never to use -- all hell breaks loose.
Of course, with Japan's nuclear plants burning and the Dow dropping 242 points and change, you would expect Apple (AAPL) to take a hit. So some of its $15.42 MOREPhilip Elmer-DeWitt - Mar 17, 2011 7:18 AM ET
A sampling of Wall Street's post-launch notes
Sales estimates: Most analysts were cautious, fearing perhaps that whatever they wrote would soon be overtaken by an Apple (AAPL) press release. Most, like Piper Jaffray's Gene Munster, stuck with 500,000 units. But Baird's William Power estimated that Apple sold "roughly 1 million" the first weekend, Wedbush's Scott Sutherland "wouldn't be surprised" by that number and Global Equities Trip Chowdhry thought Apple "may have MOREPhilip Elmer-DeWitt - Mar 14, 2011 10:52 AM ET
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