Morgan Stanley analyst Kathryn Huberty reiterated her buy rating on Apple Inc. shares, saying she believed the market is underestimating the likely success of the iPhone. She raised her 2007 iPhone sales forecast by 33% to 8 million units from 6 million, following a survey of 2,500 U.S. consumers. Huberty also believes Apple’s ability to leverage strong iPhone demand is being underestimated. “While we see positive leverage drivers across Apple’s product segment, the iPhone alone increases scale (better pricing from suppliers), strengthens retail store leverage (increased velocity on fixed-cost base) and takes advantage of lower NAND [memory] pricing in the market,” Huberty said in a research note.
One the best speeches I have ever read, heard, or viewed regarding life work and the importance of doing what you love. For the full text of the speech, click Continue reading below. Enjoy! This is the text of the Commencement address by Steve Jobs, CEO of Apple Computer and
Apple’s new operating system and its massive new feature set challenge users anddevelopers to explore new and better ways of working. I don’t think Leopard is a perfect 10, but the author, Tom Yager, opines that Leopard’s many new features and underlying capabilities allow Leopard to “stay
So I installed Leopard and have been playing around with several of the new features. One feature that is of particular interest to many of us that provide technical support for family and friends is the new “Desktop Sharing” capability. Here’s a clip from Apple’s guided tour http: