app-ready

Eight Percent Decline in Apple Shares Best Ignored

John Paczkowski in News on December 9, 2009 at 4:30 am PT

On Nov. 16, Apple shares hit a 52-week high of $208.70. Two weeks later and they’re trading under $190. That’s an unsettling eight percent decline. But according to Piper Jaffray analyst Gene Munster, it’s no cause for concern.

Apple Dreaming of a Federal Reserve Green Christmas

John Paczkowski in News on November 30, 2009 at 7:04 am PT

Expectations for Apple are running high following its record September quarter and the company is well-poised to meet them, if Black Friday sales are any indication. Thomas Weisel Partners visited 41 Apple retail locations in the United States, Canada and the U.K. over the weekend and was impressed by what it saw: “robust sales driven by sustained brand strength, rising demand for app-ready iPod touches and a positive-mix in Macs driven by Black Friday discounting.”