4 posts and columns on David Bailey

Voices

Apple: Goldman Ups Estimates; Piper Upbeat on iPhone Units

in News on April 15, 2009 at 3:22 pm PT

Goldman Sachs analyst David Bailey this morning upped his estimates on Apple ahead of the company’s fiscal second-quarter earnings report, which is due after the close next Wednesday. Bailey is looking for FY Q2 revenues of $8 billion, at the high end of the company’s guidance range of $7.6 billion to $8 billion, which would be down 21 percent sequentially, but up six percent year over year.

Voices

Sun Micro: Goldman Downgrades to Sell; Stock Slides

in News on January 8, 2009 at 5:45 am PT

Goldman Sachs analyst David Bailey cut his target price for Sun Microsystems from $5 to $3, putting the company’s stock under some pressure this morning. His reason? Sun’s services are heavily concentrated in telecom and financial services, putting it at a disadvantage compared to its more diversified competitors, weakening its position during the economic downturn.

Oh, One More Thing…Goldman Sachs, You're DEAD to Me

in News on December 15, 2008 at 3:44 pm PT

Apple may not have yet succumbed to the economic malaise that hangs heavy over consumer tech, but it will soon. According to Goldman Sachs, anyway. This morning Goldman Sachs analyst David Bailey downgraded Apple’s stock to neutral from a buy, claiming the company will suffer when consumers continue to rein in spending next year. Worse, it won’t uncrate a magical new product category at Macworld.

Oh, One More Thing…Goldman Sachs, You’re DEAD to Me

in News on December 15, 2008 at 3:44 pm PT

Apple may not have yet succumbed to the economic malaise that hangs heavy over consumer tech, but it will soon. According to Goldman Sachs, anyway. This morning Goldman Sachs analyst David Bailey downgraded Apple’s stock to neutral from a buy, claiming the company will suffer when consumers continue to rein in spending next year. Worse, it won’t uncrate a magical new product category at Macworld.