The day Apple landed in Gauna

• Is Apple the Rodney Dangerfield of tech companies?

  One of Wall Street's better analysts wonders why the stock don't get no respect

  "Why does the market dislike Apple?" asks Oppenheim's Yair Reiner in a note to clients issued Monday. "It typically grants companies with 70% EPS growth and plenty of runway a premium valuation. Apple is valued at 14x (ex-cash)—like the S&P."

  Reiner had earlier raised, and dismissed, the possibility that Apple's (AAPL) market cap -- at $295.89 billion the MORE

  Philip Elmer-DeWitt - Jan 3, 2011 7:57 AM ET
  Posted in: Android, Apple, GOOG, Google, iPhone, Mobile, Oppenheim, Yair Reiner

• Oppenheimer raises AAPL target to $345. Apple 'not too big to blow it out'

  But the fact that investors expect a Verizon iPhone in early 2011 makes its analyst nervous

  In a note to clients issued early Friday, Oppenheimer's Yair Reiner addresses the yawning disconnect between Apple's (AAPL) fundamentals -- the underlying strength of its business -- and its share price.

  "Apple's stock has performed admirably this year (up 37% YTD)," he writes, "but it has significantly lagged the improvement in the company's fundamentals, which have MORE

  Philip Elmer-DeWitt - Oct 8, 2010 7:23 AM ET
  Posted in: Apple, Financial, iPhone, iPod, Oppenheimer, Quarterly earnings, Yair Reiner

• Analysts weigh in on the new Apple TV

  Steve Jobs' latest iteration of the set-top box gets mixed-positive reviews on Wall Street

  Piper Jaffray's Gene Munster:

  We see the new Apple TV as a meaningful change in Apple's efforts in the digital living room. The addition of new content, such as Netflix, in combination with the $99 price (down from $229), will drive higher unit volumes compared to the the previous version of Apple TV. We MORE

  Philip Elmer-DeWitt - Sep 2, 2010 12:49 PM ET
  Posted in: Apple, Apple TV, Charlie Wolf, Chris Whitmore, Gene Munster, Jeff Fidacaro, Katy Huberty, Michael Gartenberg, Shaw Wu, Yair Reiner

• Who buys Apple's $18+ billion quarter?

  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 MORE

  Philip Elmer-DeWitt - Jul 25, 2010 6:13 AM ET
  Posted in: Analysts, Apple, Gene Munster, Guidance, Mike Abramsky, Quarterly reports, Yair Reiner

• Earnings Smackdown: The best and worst Apple analysts

  The bloggers beat the pros once again this quarter, but not quite as handily as before

  The professional analysts who track Apple (AAPL) for banks and brokerage houses may have been surprised by the $15.7 billion in revenue the company reported Tuesday -- an all-time record for Apple in what is traditionally one of its weakest quarters.

  But the blogger-analysts we polled in advance of the earnings report were not. In fact, MORE

  Philip Elmer-DeWitt - Jul 21, 2010 5:53 AM ET
  Posted in: Alexis Cabot, Andy Zaky, Apple, Daniel Tello, Deagol, Jeff Fidacaro, Quarterly earnings, Scott Craig, Smackdown, Turley Muller, Vijay Rakesh, Yair Reiner

• First day sales: 1.5 million iPhone 4s?

  According to one analyst, Apple has blown past all previous launch-day records

  "Guessing launch day iPhone sales," writes Oppenheimer's Yair Reiner in a note to clients issued Friday, 'has become something of a national sport, a bit like guessing whether Punxsutawney Phil will see his shadow."

  But that doesn't stop him from playing the game. Reiner's guess: 1.5 million, one and a half as many iPhones as Apple (AAPL) sold in three MORE

  Philip Elmer-DeWitt - Jun 25, 2010 7:38 AM ET
  Posted in: Apple, AT&T, Gene Munster, iPhone, iPhone 4, Oppenheimer, T-Mobile, Verizon, Yair Reiner

• Apple talks tough to handset makers

  The HTC lawsuit capped blunt talks that have reportedly shaken their faith in Google

  Oppenheimer's Yair Reiner issued a behind-the-scenes report Tuesday that sheds a lot of light on the patent suits Apple (AAPL) filed last week against HTC, the Taiwanese smartphone maker.

  Citing "industry checks," Reiner writes that:

  "Starting in January, Apple launched a series of C-Level discussions with tier-1 handset makers to underscore its growing displeasure at seeing its iPhone-related IP MORE

  Philip Elmer-DeWitt - Mar 9, 2010 7:26 AM ET
  Posted in: Android, Apple, Google, HTC, iPhone, LG, Nokia, Oppenheimer, Palm, Patents, Pre, Samsong, Tim Cook, Yair Reiner

• Apple tablet set for spring launch?

  Production is starting and should hit mass-market stride in February, says an analyst

  "The manufacturing cogs for the tablet are creaking into action," writes Oppenheimer's Yair Reiner in a note to clients issued Wednesday morning.

  According to his supply chain sources, Apple (AAPL) appears to be gearing up to build as many as 1 million tablet computers per month. Assuming the company would need 5 or 6 weeks of inventory before going MORE

  Philip Elmer-DeWitt - Dec 9, 2009 7:11 AM ET
  Posted in: Amazon, Apple, Kindle, Oppeheimer, Publishing, Tablets, Yair Reiner

• Will iPhone sales disappoint investors?

  Production "hiccups" may depress next week's earnings, warns one analyst

  Compared with the increasingly sunny predictions streaming from his competitors, the note Oppenheimer's Yair Reiner sent clients Friday morning was something of a buzz kill.

  "We believe Apple could report in line to slightly disappointing [fiscal fourth quarter] revenue," he wrote, advising investors to hold off buying shares until after Monday's quarterly earning's report.

  The focus of his concern: the iPhone.

  Reiner's estimate for MORE

  Philip Elmer-DeWitt - Oct 16, 2009 8:03 AM ET
  Posted in: Apple, iPhone, Oppenheimer, Quarterly earnings, Yair Reiner