Trending this month

Showing posts with label wall street. Show all posts
Showing posts with label wall street. Show all posts

August 18, 2012

iPhone 5 Sales to Hit 10million by September 2012 end

English: Worldwide iPhone sales by quarter in ...
English: Worldwide iPhone sales by quarter in an svg format. Sales volume is in millions. Original iPhone iPhone 3G iPhone 3GS iPhone 4 (Photo credit: Wikipedia)
Based on numerous news reports pointing to a September launch of the iPhone 5, Piper Jaffray analyst Gene Munster estimates that Apple will sell 26 million to 28 million devices overall. 

iPhone 5 could hit 10M units sold in September, analyst says | Apple - CNET News: "Should Apple launch its fifth version of the iPhone in September, the company is likely to sell 6 million to 10 million of those devices in the last 10 days of the month, according to an analyst.

Piper Jaffray analyst Gene Munster estimated that Apple will sell 26 million to 28 million devices overall in its September quarter. That projection is well ahead of current estimates, which account for slowing iPhone sales and roughly 22 million to 23 million units in the quarter."

For Apple, a September launch would allow it to top Wall Street estimates. In recent quarters, Apple fell short of projections even though it still has raked in tons of cash.
In the big picture, the iPhone 5 timing of units isn't that big a deal -- unless you hold Apple shares. Munster noted that he expects the iPhone 5 to be "the largest consumer electronics product upgrade in history."

 Horace Dideu of Asymco recently posted a  chart on  how iPhone generation ranked in terms of  Sales History

The 3G easily outsold the original iPhone. In fact, it sold nearly four times as many.
The 3GS also handily beat the 3G+original total by a factor of 1.6
The 4 also beat the 3GS+3G+original. As the 4 may continue to sell into the future, the beat will only grow larger.
The 4S is only half way through beating  the 4+3GS+3G+original
Enhanced by Zemanta

August 10, 2011

The Fall of Tech Giants On Wall Street

LinkedIn! IPO was super success, however Linkedin is learning the hard way to coming to the public markets, The market at large is getting mauled right now, but of all the big public tech companies we watch closely, none has been hit as badly in the last week as LinkedIn, which is down 25%.

Business Insider reports that AOL was saved at the end of the trading day from a complete disaster. The stock was off as much as 31% but it managed to bounce back, and only finish down 12% for the day.It missed on EPS by a mile with earnings this morning. Revenue isn't growing. It's pouring money into Patch, and that's not working.

The display ad revenue is up, but that's largely thanks to Huffington Post and TechCrunch, two acquisitions. Can it keep growing those properties? And can it get the rest of the properties to grow?

After a rough start to the year, Apple's stock has bounced back, even breaking $400 a share before pulling back.Apple had posted revenue growth of 82% on a year over year basis

While the stock has been on a tear, it's still arguably very cheap when measure on a trailing price to earnings ratio. Apple's PE is 15.3 right now, which is less than Google at 21.7, Amazon at 92.6, and Netflix at 66, to name three hot tech stocks. (It's better than Microsoft, which is at 10.)

For some context, in the most recent quarter Amazon had 51% revenue growth on a year over year basis. Google had 32% revenue growth, and Netflix had 48% revenue growth. (Microsoft revenue was up 8%.)