Tuesday, September 05, 2006

AAPL - Special Media Event

Read from Briefing.com about the impending AAPL Special Media event next week on 12 Sep 06 to introduce new products and services. I would expect the market to react positively to the new slate of AAPL's products and services (It had gained $1.65 so far today).

Chart-wise, AAPL broke its resistance today. Target 73.38, 76.60 and86.40 (52.-week high). Stop-loss at 65.12. Note that AAPL is now above its SMA 200 again.


05-Sep-06 12:13 ET
Apple Computer confirms media event - AppleInsider (69.77 +1.39) -Update : AppleInsider reports in a digital invitation sent out to US-based media this morning, Apple confirmed that it will hold a special media event on September 12 to introduce new products and services. "It's Showtime," reads the invite, which displays a white Apple logo floating amongst four crisscrossing Hollywood movie spotlight rays. The event is scheduled for 10:00 am local time at the Yerba Buena Center for the Arts Theater in San Francisco, Calif. (See 8:30 comment)


05-Sep-06 08:55 ET
Apple Computer: Cell phone is a reality; new product cycles including Macs, iPods, and cell phone drive ests higher; increasing tgt to $91 - AmTech (68.38 ) -Update : AmTech says Skeptics abounded when AAPL first launched their iPod MP3 players and revolutionized an emerging market and created a new business segment and a major rev driver for the co. Firm believes the new AAPL handset will be a major player and competitor set to disrupt another industry. Firm has learned that the kinks have been worked out of the new handset, and it is set for production. Firm is confident that AAPL will time their launch opportunistically, and that the new handsets are positioned to gain significant traction. This new market could easily represent an incremental $2 bln annual rev run-rate rev opportunity in Y07. Firm says 10 mln units does not seem a lofty target to them. This is not even contemplating sales of potential services and accessories which would be incremental. With Steve Jobs' history of revolutionizing the PC industry, the music industry, and the movie industry, firm encourages investors to get aggressive in purchasing shares of AAPL prior to the potential revolution of the handset industry. Firm ests for FY07 are now $22.2bln and $2.60 EPS up from $22 bln and $2.45. Firm adds AAPL to their Focus List, and their new tgt $91.


05-Sep-06 08:30 ET
Apple Computer to roll-out iTunes movies and 'one more thing' - AppleInsider (68.38 ) : AppleInsider reports Steve Jobs plans to summons the worldwide media to a special event this month in which he'll usher in a new chapter in the co's digital media strategy. Although the semi-official word out of Apple Americas is that invitations to the event have "not been sent" out, a seemingly inadvertent leak out of Apple Europe last week pinned the affair for Tuesday, September 12. Jobs will have much to talk about during the event, sources familiar with the chief exec's plans have said, including new iMacs and a much-anticipated update to the iPod nano. But the real push, they say, will be tied to the big screen. After what has seemed like nearly two years of rampart speculation and unbridled enthusiasm on the part of its fans, Apple is ready to introduce its al la carte feature film download service as part of iTunes. For some time now, published reports have insinuated that Apple and Jobs would be unwilling to launch a movie download service without a wide, touch-screen video iPod player to coincide. Jobs many months ago commissioned an elite group of Apple engineers to get the ball rolling on an intuitive hardware solution that would more closely tie the co's digital media strategy to the living-room. And so AppleInsider has been told, Apple has been quietly developing a video streaming device that will interface with an updated version of its iTunes jukebox software.


- PersianCat04 (Millionaire-in-progress)

No comments: