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Apple Stock Surges On Belief MacBooks Peel Away Window Users

Investors returned to Apple shares in force on Monday and sent the stock climbing a massive 12.5 percent after reports said Apple was likely to profit on a wave of converts to its new aluminum MacBooks. A research note by investment analyst Yair Reiner of Oppenheimer & Co. set the blueprint for the dramatic $10.37 [...]

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Apple stock surges on belief MacBooks "peel away" Windows users

Investors returned to Apple shares in force on Monday and sent the stock climbing a massive 12.5 percent after reports said Apple was likely to profit on a wave of converts to its new aluminum MacBooks.A research note by investment analyst Yair Reiner of Oppenheimer & Co. set the blueprint for the dramatic $10.37 gain in Apple's stock over the trading day as he believed the new, unibody...

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Apple: While Shuffling Estimates, Analysts Wax Bullish

... calls; note that in every case the analyst continues to recommend the stock: Oppenheimer’s Yair Reiner trimmed his iPhone targets, but raised his MacBook forecasts, and increased his gross margin estimate. For iPhones, he now sees 4.8 million units in the December quarter, down from 7.5 million. His FY ‘09 unit forecast drops to 21.3 million from 27 million. He also sees lower ASPs...

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Garmin Pinched by Circuit City's Bankruptcy

... Garmin must continue doing business with Circuit City, although it doesn't have to extend credit. Yair Reiner, an analyst with Oppenheimer, says he believes Garmin has been dealing with Circuit City on a cash basis "for several weeks now." « Previous Page

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Apple reports 26% rise in quarterly profit

... mobile phone supplier by revenue behind Nokia and Samsung Electronics. Oppenheimer analyst Yair Reiner called the iPhone shipments a “pretty stunning number” and said the company's revenues do not fully reflect the strength of iPhone demand because Apple records sales from the phone over a two-year period. Apple, which is famously cautious in its outlook, issued forecasts for the...

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Surging iPhone sales spur Apple, issues safe outlook

... mobile phone supplier by revenue behind Nokia and Samsung Electronics.Oppenheimer analyst Yair Reiner called the iPhone shipments a "pretty stunning number" and said the company's revenues do not fully reflect the strength of iPhone demand because Apple records sales from the phone over a two-year period.Apple, which is famously cautious in its outlook, issued forecasts for the important...

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Apple's results could calm recession worries

Many analysts believe that Apple is well-placed to weather the recession. Oppenheimer & Company analyst Yair Reiner expects sales of Apple’s desktop models to grow 13 per cent, to 4.3 million, in the 2009 fiscal year and notebook sales to increase by 12 per cent, to 6.76 million. Even if the industry suffers a downturn, he expects that Apple will suffer less than its competition and will...