Replies to post #72211 on Apple Inc (AAPL)

[DoDahMan]

AmTech Research analyst: Apple will sell 1.95 million Macs this quarter
Thursday, August 09, 2007 - 09:33 AM EDT

American Technology Research analyst Shaw Wu has reiterated his "Buy" recommendation on Apple Inc. [AAPL] shares with a 12-month target price of $185 per share.

"We find the new iMacs impressive with their thinner and sleeker aluminum and glass enclosure (similar to iPhone), new Intel Santa Rosa platform with faster Core 2 Duo processors, advanced ATI Radeon HD graphics, and lower price points. We believe the entry-level model with large 20-inch widescreen will sell particularly well," Wu wrote in a recent note to clients.

Wu predicts that Apple will sell 1.95 million Macs in the current quarter (which would be up 10.5% sequentially and 21.1% year-over-year).

Yesterday, RBC Capital Markets analyst Mike Abramsky predicted that Apple will sell 2 million Macs in the current quarter (please see related article below).

MacDailyNews Note: Apple's recent earnings and unit sales information:

2007:
• Q3 (ended 06/30/07): revenue $5.41 billion, net profit $818 million, 1.764 million Macs, 09.815 million iPods
• Q2 (ended 03/07/07): revenue $5.26 billion, net profit $770 million, 1.517 million Macs, 10.549 million iPods
• Q1 (ended 12/30/06): revenue $7.10 billion, net profit $1 billion, 1.606 million Macs, 21.066 million iPods

2006:
• Q4 (ended 09/30/06): revenue $4.84 billion, net profit $546 million, 1.610 million Macs, 08.729 million iPods
• Q3 (ended 07/01/06): revenue $4.37 billion, net profit $472 million, 1.327 million Macs, 08.111 million iPods
• Q2 (ended 04/01/06): revenue $4.36 billion, net profit $410 million, 1.112 million Macs, 08.526 million iPods
• Q1 (ended 12/31/05): revenue $5.75 billion, net profit $565 million, 1.254 million Macs, 14.043 million iPods

2005:
• Q4 (ended 10/11/05): revenue $3.68 billion, net profit $430 million, 1.236 million Macs, 06.451 million iPods
• Q3 (ended 07/13/05): revenue $3.52 billion, net profit $320 million, 1.182 million Macs, 06.155 million iPods
• Q2 (ended 03/26/05): revenue $3.24 billion, net profit $290 million, 1.070 million Macs, 05.311 million iPods
• Q1 (ended 12/25/04): revenue $3.49 billion, net profit $295 million, 1.046 million Macs, 04.580 million iPods

2004:
• Q4 (ended 09/25/04): revenue $2.350 billion, net profit $106 million, 836,000 Macs, 02.016 million iPods
• Q3 (ended 06/26/04): revenue $2.014 billion, net profit $61 million, 876,000 Macs, 860,000 iPods
• Q2 (ended 03/27/04): revenue $1.909 billion, net profit $14 million, 749,000 Macs, 807,000 iPods
• Q1 (ended 12/27/03): revenue $2.006 billion, net profit $63 million, 829,000 Macs, 733,000 iPods

[KCMW]

Me too, maybe...

Since I sold 135, 130 and 125 puts back on 7/23 and 7/24 (AAPL jumping around 137-142), I may have bought too. We will see.

Got 2.65 to 5.30 for the puts. Time will tell if that was a good deal or not.

I also sold 175(!) calls for $1.54 back then. Doesn't look like those are going to get called. Imagine the excitement around here if they did :).

-KCMW

[chasky]

I too JUMPED at the chance. I was too busy to wait. Guess my AOA got the best of me :)

Thought about a late avg dn but thought better of it. I expect that will be an incorrect call as well. So be it. Apple will be getting closer to 200 before 100.

chas