As expected, the latest update to Apple's (AAPL) flagship Macintosh operating system -- Mac OS X Snow Leopard -- is going on sale Aug. 28 for the previously announced price of $29. (Press release here.)
Piper Jaffray's Gene Munster has done some quick back-of-the-envelope calculations and concluded Apple is in it less for the money than for the strategic advantage it hopes to gain over Microsoft's (MSFT) Windows 7, schedule to MOREPhilip Elmer-DeWitt - Aug 24, 2009 12:18 PM ET
"We just met with Apple executives at the company's headquarters in Cupertino, CA, including Peter Oppenheimer, Greg Joswiak, and Eddy Cue."
Thus begins a note to clients sent Thursday by Barclays Capital analyst Ben Reitzes. The note ends with Reitzes raising his Apple price target to $208 from $188 -- one of the sparks that sent Apple (AAPL) shares up 1.88% to close at $168.42 for the day.
In between, Reitzes rattles MOREPhilip Elmer-DeWitt - Aug 13, 2009 2:32 PM ET
"I would give a lot to have Steve's taste."
Bill Gates said that of Steve Jobs at the D5 conference two years ago, and we knew exactly what he meant.
Take, for example, the two images above. They are samples of the new desktop images offered by this fall's big operating system updates: Microsoft's (MSFT) Windows 7, scheduled for release in October, and Apple's (AAPL) Snow Leopard, due in September.
Can you guess MOREPhilip Elmer-DeWitt - Aug 11, 2009 8:13 AM ET
For those who couldn't make it to San Francisco Monday -- or who couldn't get into the event (it sold out in record time) -- Apple (AAPL) has posted a 2-hour streaming video of the entire keynote. Click here to watch it.
If you want to learn more about the iPhone 3G S without watching the video, the same link offers a 13-minute guided tour that can be played on a MOREPhilip Elmer-DeWitt - Jun 8, 2009 9:52 PM ET
The price cuts Apple (AAPL) announced Monday on the MacBook and iPhone lines are "significant" and surprisingly aggressive, writes Piper Jaffray's Gene Munster in a note to clients issued after the WWDC keynote was over.
Historically, he writes, a 50% cut in iPhone pricing has increased demand twofold.
He's referring to the last year's cut to $199 from $399. That price reduction was actually accompanied by a tripling of global unit sales MOREPhilip Elmer-DeWitt - Jun 8, 2009 6:34 PM ET
This is the spot for our live coverage of Apple's (AAPL) World Wide Developers Conference.
The keynote started at 1 p.m EDT (10 a.m. PDT). All times below are EDT unless otherwise indicated.
3:05 And that's a wrap.
There is a new iPhone, coming June 19, about a month earlier than expected. There is a $99 iPhone, available now, which is not good news for Palm (PALM). There are new MacBook Pros and MOREPhilip Elmer-DeWitt - Jun 8, 2009 11:50 AM ET
Apple's (AAPL) biggest showcase event of the year opens in San Francisco on Monday and it could go one of two ways.
WWDC 2009 could be precisely what Apple's press release said it would be: a conference designed to bring developers up to speed on the company's two most important software platforms -- Mac OS X Snow Leopard and iPhone 3.0.
Or it could be what the speculators who have run up MOREPhilip Elmer-DeWitt - Jun 6, 2009 8:29 AM ET
Given the rumors and high expectations, Piper Jaffray's Gene Munster fears the World Wide Developers Conference that Apple (AAPL) is hosting next week in San Francisco could be a "slight disappointment" to investors.
In a note to clients issued early Thursday, Munster writes that he hasn't lost faith in Apple's long-term plan to drive iPhone sales by adding new models, lowering prices and entering new markets (e.g. China).
He's just worried that MOREPhilip Elmer-DeWitt - Jun 4, 2009 7:42 AM ET
Reading between the lines of an Apple (AAPL) press release issued early Wednesday, Piper Jaffray's Gene Munster believes the company has lined up two important events for the end of June: The return of CEO Steve Jobs and the unveiling of the next generation iPhone.
What Apple announced was that the keynote address for this year's World Wide Developers Conference will be delivered by marketing vice president Phil Schiller on June MOREPhilip Elmer-DeWitt - May 13, 2009 2:19 PM ET
Less than three weeks after sounding a bearish note on Apple (AAPL) by dropping the stock from his firm's "Focus List," Kaufman Bros. analyst Shaw Wu turned around Monday and raised his price target to $152 a share, up from $120.
With Apple scheduled to release its fiscal Q2 earnings report on April 22, many analysts are taking another look at the stock -- and most seem to like what they MOREPhilip Elmer-DeWitt - Apr 13, 2009 10:20 AM ET
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