Downgrades Aplenty for Dell After Earnings Miss

After a big miss at Dell, analysts pile on with downgrades.
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News Byte

iPad 3 Debut in February? Hmm, Steve’s Birthday Is the 24th.

Apple’s next generation iPad could debut a month earlier than its predecessor. Industry sources tell Citi analyst Richard Gardner that the iPad 3, or whatever it’s to be called, will launch sometime in February. That’s a month earlier than Apple showed off the iPad 2, and a month later than the original iPad. As far as specs for the device go, Gardner doesn’t have much to say, though he does believe it will have a display with a resolution significantly higher than that of the current model.

Apotheker's Keynote: The Reviews From Analysts Are Mixed

Analysts are reacting to yesterday’s presentation by Hewlett-Packard CEO Léo Apotheker. Some liked what they saw. Others, not so much.

IPhone 4 Recall? Get a Grip!

The growing morass of negative publicity over the iPhone 4’s antenna performance issue has some crisis communication experts arguing that Apple will be forced to recall the device to minimize damage to its brand. But analysts say that’s unlikely.

Voices

Citi Cuts Estimates on Apple, Price Target Cut to $170

In the latest in a string of analysts getting spooked about slowing consumer spending, Citigroup (C) analyst Richard Gardner this morning cut his estimates for Apple (AAPL) for this year, 2009, and 2010, and lowered his target price to $170 from $287. The reasons are familiar: an expected decline in disposable consumer income growth will pressure computer and consumer electronics sales.

Report: New MacBooks, Justifications for Buying Them, in Production

It’s looking more and more like Apple’s next-generation Macbooks will arrive at market in October. In a research note to clients today, Citigroup’s Richard Gardner said channel checks have confirmed that the notebooks are in production.

DOWn

Citigroup Analyst: Oh, One More Thing …

Try as they might, financial analysts attending Apple’s (AAPL) Q2 earnings call yesterday were unable to goad company execs into giving up a launch date for the 3G iPhone. Peter Oppenheimer, Apple’s CFO, and Tim Cook, the company’s COO, refused to confirm rumors that the company plans to announce the device this summer, though they [...]