Apple Blossoms, With Reservations

From: Subject: Apple Blossoms, With Reservations - Forbes.com Date: Tue, 27 May 2008 12:33:58 -0400 MIME-Version: 1.0 Content-Type: multipart/related; type="text/html"; boundary="----=_NextPart_000_0000_01C8BFF5.EF3F87B0" X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.3198 This is a multi-part message in MIME format. ------=_NextPart_000_0000_01C8BFF5.EF3F87B0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Content-Location: http://www.forbes.com/home/markets/2008/04/07/apple-ipod-update-markets-equity-cx_mlm_0407markets26.html Apple Blossoms, With Reservations - = Forbes.com

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Market = Scan
Apple Blossoms, With = Reservations
Miriam = Marcus, 04.07.08, 2:10 PM ET

Investors were given a good reason to buy Apple Monday, = but not=20 all forecasts point in the same direction.

Analysts at Thomas Weisel Partners upgraded Apple = (nasdaq: AAPL=20 - n= ews=20 - people=20 ) to =93overweight,=94 from =93market perform," on Monday, = citing the=20 Cupertino, Calif.-based company=92s long term growth potential. = Doug Reid=20 raised his price target to $195.00, from $188.00, or 27.4% above = the=20 iPhone-maker=92s closing price on Friday of $153.08.

Apple = shares=20 rose 3.0%, or $4.59, to $157.67 in early afternoon trading on = Monday.

Reid predicted that Apple would "maintain above-peer operating = margins,=20 preserve its fierce brand loyalty and set a foundation for = accelerating=20 market share gains.=94

Apple=92s Mac computer business, international sales of iPhone = products=20 and continuing domination in =93new media-centric consumer product = categories=94 like iTunes and Apple TV would boost annual sales = growth by=20 24.0% over five years, he added.

Not everyone is in agreement. The upgrade is =93a little = premature,=94 said=20 Roger L. Kay, president of Endpoint Technologies Associates, a = computer=20 industry market intelligence firm. Share prices are dependent on = the=20 consumer market, and consumers haven't indicated that they're back = in the=20 game just yet.

Financial services firm WR Hambrecht used a Vizu web poll to = help=20 predict consumer buying trends in 2008 for Apple=92s iPod and = iPhone.=20 Results pointed to =93not surprisingly, weak consumer buying = trends=94 for=20 those products, partly because many had already purchased them in = the=20 first calendar quarter of the year. Unless product prices drop or = new=20 functionality becomes available, the survey indicated that buying = trends=20 would likely decline into the second calendar quarter and remain = slow=20 throughout the year.

Kay noted that iPod, iPhone and Mac sales growth was = continuing, but=20 the market for personal computers was =93tepid for 2008.=94 He is = skeptical=20 that consumers will readily open their wallets in the current=20 macro-economic environment. =93I don=92t think the full force of = the recession=20 has shown up in consumer spending in the United States yet,=94 he = added.=20

Apple has seen volatile trading in the last 12 months, = falling as=20 low as $89.60, a little under a year ago, and as high as $202.96, = in=20 December 2007. But the bullish Reid thinks things should start to = calm=20 down: risk forecasts for Apple in 2008 have already weakened, he = said.=20

The Associated Press contributed to this article.

Wall=20 Street Rallies On Deals

On=20 The Move: Citigroup

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Laptops And PCs=20 Apple Taps Virtualization

PaidContent.org=20 Apple Surpasses Wal-Mart As Number One U.S. Music Seller =

Electronics=20 Why Apple Will Go Atomic

Companies: AAPL=20

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tempSearchPrev=3DprevSelectedName;=0A= prevSelectedName=3D"panel3";=0A= document.SearchVideo.MT.value=3DgetPrevSelectedValue(tempSearchPrev);=0A= }else if(name=3D=3Dpanels[i] && name = =3D=3D'panel4'){=0A= tempSearchPrev=3DprevSelectedName;=0A= prevSelectedName=3D"panel4";=0A= document.SearchWeb.MT.value=3DgetPrevSelectedValue(tempSearchPrev);=0A= }else if(name=3D=3Dpanels[i] && name = =3D=3D'panel5'){=0A= tempSearchPrev=3DprevSelectedName;=0A= prevSelectedName=3D"panel5";=0A= document.SearchBlog.MT.value=3DgetPrevSelectedValue(tempSearchPrev);=0A= }else if(name=3D=3Dpanels[i] && name = =3D=3D'panel6'){=0A= tempSearchPrevv=3DprevSelectedName;=0A= = document.getElementById('searchtext').form.MT.value=3DgetPrevSelectedValu= e(tempSearchPrev);=0A= = document.getElementById('boardsearch').form.q.value=3DgetPrevSelectedValu= e(tempSearchPrev);=0A= }=0A= =0A= document.getElementById(panels[i]).style.display =3D (name =3D=3D = panels[i]) ? 'block':'none';=0A= =0A= if(name=3D=3Dpanels[i] && name=3D=3D'panel3' && = document.SearchVideo.MT.value !=3D""){=0A= document.SearchVideo.submit();=0A= return true;=0A= } else if(name=3D=3Dpanels[i] && name=3D=3D'panel4' && = document.SearchWeb.MT.value !=3D""){=0A= document.SearchWeb.submit();=0A= return true;=0A= }else if(name=3D=3Dpanels[i] && name=3D=3D'panel5' = && document.SearchBlog.MT.value !=3D""){=0A= document.SearchBlog.submit();=0A= return true;=0A= }else if(name=3D=3Dpanels[i] && name=3D=3D'panel2' = && document.searchHedform.Symbol.value !=3D"" && = document.searchHedform.Symbol.value !=3D"Symbol"){=0A= return submitTkr('searchHedform');=0A= }else if(name=3D=3Dpanels[i] && name=3D=3D'panel1' = && document.SearchMain.MT.value !=3D"" && !isFromPanel6){=0A= document.SearchMain.submit();=0A= return true;=0A= }=0A= =0A= }=0A= }=0A= // return false;=0A= }=0A= }=0A= function mouseoutTab() {=0A= if ((navigator.appName =3D=3D "Microsoft Internet Explorer") && = (getExplorerVersion() < 4.5))=0A= return true;=0A= showPanel(this, 'panel1');=0A= return true;=0A= }=0A= function setoutside(out) {=0A= outside =3D out;=0A= }=0A= function hideSearchPanel() {=0A= isFromPanel6=3Dtrue;=0A= showPanel(document.getElementById('panel6'), 'panel1');=0A= isFormPanel6=3Dfalse;=0A= if (outside) outside =3D 0;=0A= searchTab =3D 0;=0A= showAd();=0A= }=0A= =0A= function popitVar(url, popWidth, popHeight) {=0A= newWin =3D window.open(url, 'neWindow', "width=3D" + popWidth + = ",height=3D" + popHeight + ",toolbar=3D0,resizable=3D1,scrollbars=3D1");=0A= newWin.focus()=0A= }=0A= =0A= =0A= function clearInputField(aField){=0A= =0A= if(aField.value =3D=3D "mm/dd/yyyy")=0A= aField.value =3D "";=0A= }=0A= =0A= function clearTextField(inputField1,inputField2) {=0A= inputField1.value =3D "";=0A= if (inputField2 !=3D "none") {=0A= inputField2.value =3D "";=0A= }=0A= }=0A= =0A= function B4Window(url,w,h,scrl) {=0A= AppWindow =3D window.open(url, 'b4utrade', 'width=3D' + w + = ',height=3D' + h + = ',toolbar=3D0,location=3D0,directories=3D0,status=3D1,menubar=3D0,scrollb= ars=3D' + scrl + ',resizable=3D1')=0A= AppWindow.focus();=0A= }=0A= =0A= function submitTkr(thisForm) {=0A= =0A= var userInput =3D escape( document[thisForm].Symbol.value );=0A= =0A= if( (userInput =3D=3D null) || (userInput =3D=3D "") ) {=0A= return false;=0A= } =0A= else {=0A= // Possible destinations in drop-down=0A= var lookups =3D new Array();=0A= // Quote=0A= lookups[0] =3D "";=0A= // News=0A= lookups[1] =3D = "http://www.forbes.com/markets/company_news.jhtml?ticker=3D" + userInput;=0A= // Events Lookup=0A= lookups[2] =3D = "http://www.forbes.com/finance/eventcalendar/OneCompanyEvents.jhtml?symbo= l=3D" + userInput;=0A= // Advance Chart=0A= lookups[3] =3D = "http://www.forbes.com/finance/mktguideapps/compinfo/AdvancedChart.jhtml?= symbol=3D" + userInput;=0A= // Executives=0A= lookups[4] =3D = "http://www.forbes.com/peopletracker/results.jhtml?startRow=3D0&name=3D&t= icker=3D" + userInput;=0A= // Symbol Lookup=0A= lookups[5] =3D = "http://finapps.forbes.com/finapps/jsp/finance/compinfo/SymbolLookupFormS= ubmit.do?companyName=3D" + userInput + "&type=3DE&countryCode=3DUS" ;=0A= =0A= if( (userInput.length =3D=3D 5) && ( (userInput.charAt(4) =3D=3D = "X") || (userInput.charAt(4) =3D=3D "x") ) ) {=0A= lookups[0] =3D = "http://www.forbes.com/funds/Tearsheet.jhtml?tkr=3D" + = userInput.toUpperCase();=0A= } =0A= else { =0A= if(userInput.indexOf("&")!=3D-1 || userInput.indexOf("%26")!=3D-1){=0A= lookups[0] =3D = "http://finapps.forbes.com/finapps/jsp/finance/compinfo/SymbolLookupFormS= ubmit.do?companyName=3D" + userInput + "&type=3DE&countryCode=3DUS" ;=0A= }else=0A= lookups[0] =3D = "http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?t= kr=3D" + userInput;=0A= =0A= }=0A= =0A= =0A= // Get the selected option=0A= var selection =3D document[thisForm].options.selectedIndex;=0A= =0A= // Do the lookup=0A= window.location =3D lookups[selection];=0A= =0A= // Form should not submit since we are taking care of everything = in the javascript=0A= return false;=0A= =0A= }=0A= }=0A= =0A= function checkKeywordLength()=0A= {=0A= var keywordInput =3D escape(document.keywordLookup.passName.value);=0A= if (keywordInput=3D=3Dnull || keywordInput.length < 2) {=0A= var msg =3D "Please enter at least two characters and try your = search again.";=0A= alert (msg);=0A= return false;=0A= }=0A= =0A= return true;=0A= }=0A= =0A= =0A= function canBePremium(aString){=0A= if(aString.indexOf('magazine') > -1)=0A= return true;=0A= else =0A= return false;=0A= }=0A= =0A= function premiumInfo(aForm){=0A= var aSelect =3D aForm.pub;=0A= var str =3D aSelect.options[aSelect.selectedIndex].value;=0A= var cbp =3D canBePremium(str);=0A= =0A= if(!cbp){=0A= //alert("selected pub is "+str+"cannot be premium");=0A= aForm.premium.checked =3D true;=0A= }=0A= }=0A= =0A= function clearInputField(aField){=0A= =0A= if(aField.value =3D=3D "mm/dd/yyyy")=0A= aField.value =3D "";=0A= }=0A= =0A= function checkTextForWebSearch(){=0A= = if(document.advancedsearch.contentType.options[document.advancedsearch.co= ntentType.selectedIndex].value =3D=3D "web" &&=0A= document.advancedsearch.MT.value =3D=3D ''){=0A= =0A= alert("'With the following text' field cannot be empty for web = search!");=0A= document.advancedsearch.MT.focus();=0A= document.advancedsearch.MT.select();=0A= return false;=0A= }=0A= =0A= return true;=0A= }=0A= =0A= function checkDates(aForm){=0A= =0A= //var webOK =3D checkTextForWebSearch();=0A= //if(!webOK)=0A= // return false;=0A= =0A= premiumInfo(aForm);=0A= =0A= if((aForm.author.value !=3D "" || aForm.tickers.value !=3D "" || = aForm.contentType.value !=3D "all" || aForm.pub.value !=3D = "forbes.com,magazine,fyi,best" || aForm.storyType.value !=3D "all") && = aForm.MT.value=3D=3D"") {=0A= aForm.MT.value =3D "*";=0A= }=0A= =0A= if(aForm.pubDateStart.value !=3D "mm/dd/yyyy" && = aForm.pubDateStart.value !=3D "") {=0A= =0A= if( (aForm.pubDateEnd.value !=3D "mm/dd/yyyy" && = aForm.pubDateEnd.value !=3D "") && aForm.MT.value =3D=3D "") {=0A= =0A= aForm.MT.value =3D "*";=0A= }=0A= } =0A= =0A= =0A= =0A= if(aForm.MT.value=3D=3D""){=0A= aForm.MT.select();=0A= aForm.MT.focus();=0A= return false;=0A= }=0A= =0A= var startDate =3D aForm.pubDateStart.value;=0A= var endDate =3D aForm.pubDateEnd.value;=0A= =0A= if(isValidDate(startDate) && isValidDate(endDate))=0A= return true;=0A= else=0A= return false; =0A= }=0A= =0A= function isValidDate(dateStr) {=0A= // MM/DD/YY MM/DD/YYYY MM-DD-YY MM-DD-YYYY //=0A= if(dateStr =3D=3D "" || dateStr =3D=3D "mm/dd/yyyy")=0A= return true;=0A= =0A= var datePat =3D /^(\d{1,2})(\/)(\d{1,2})\2(\d{4})$/; // requires 4 = digit year, for MM/DD/YYYY=0A= =0A= var matchArray =3D dateStr.match(datePat); // is the format ok?=0A= =0A= if (matchArray =3D=3D null) {=0A= alert(dateStr + " Date is not in a valid format.")=0A= return false;=0A= }=0A= =0A= month =3D matchArray[1]; // parse date into variables=0A= day =3D matchArray[3]; =0A= year =3D matchArray[4];=0A= if (month < 1 || month > 12) { // check month range=0A= alert("Month must be between 1 and 12.");=0A= return false;=0A= }=0A= =0A= if (day < 1 || day > 31) {=0A= alert("Day must be between 1 and 31.");=0A= return false;=0A= }=0A= =0A= if (year < 1900 || year > 2010) {=0A= alert("Year must be between 1900 and 2010");=0A= return false;=0A= }=0A= =0A= if ((month=3D=3D4 || month=3D=3D6 || month=3D=3D9 || month=3D=3D11) = && day=3D=3D31) {=0A= alert("Month "+month+" doesn't have 31 days!")=0A= return false;=0A= }=0A= =0A= if (month =3D=3D 2) { // check for february 29th=0A= var isleap =3D (year % 4 =3D=3D 0 && (year % 100 !=3D 0 || year = % 400 =3D=3D 0));=0A= if (day>29 || (day=3D=3D29 && !isleap)) {=0A= alert("February " + year + " doesn't have " + day + " = days!");=0A= return false;=0A= }=0A= =0A= }=0A= =0A= return true;=0A= }=0A= =0A= =0A= // SEARCH FDC TAB=0A= document.write(' ');=0A= =0A= =0A= =0A= =0A= // SEARCH STOCKS & FUNDS TAB=0A= document.write('

');=0A= =0A= // SEARCH VIDEO TAB=0A= document.write('

');=0A= =0A= // SEARCH WEB TAB=0A= document.write('

');=0A= =0A= // SEARCH BLOG TAB=0A= document.write('

');=0A= =0A= =0A= =0A= // ADVANCED SEARCH TAB=0A= document.write('

');=0A= document.write('

Search:

');=0A= document.write('

Forbes.com

');=0A= document.write('

Quotes

');=0A= document.write('

Video

');=0A= document.write('

Web

');=0A= document.write('

Blogs

');=0A= document.write('

Advanced

');=0A= document.write('

');=0A= document.write('');=0A= document.write('');=0A= document.write('

');=0A= document.write('

Fill in one or more search = fields below:

Search Tips

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');=0A= document.write('

With the following text:

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From this source:

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Where author is:

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About these = companies

(comma seperated = tickers):

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Published = between:

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Content type is:

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Story type is:

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and

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