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Mac OS Ken

Mac OS Ken: 09.26.2011

Mac OS Ken

Ken Ray

Technology

4.7996 Ratings

🗓️ 26 September 2011

⏱️ 14 minutes

🧾️ Download transcript

Summary

Barclays Capital Analyst Ups Apple Target to 555-Dollars on Apple’s Power as “Disruptive Force in Hardware” / Fortune: Jefferies Analyst Advises Clients on Oct 4 Event (About Which Apple Has Not Yet Advised Anyone Officially) / All Things D Sources Say Oct 4 Event to Be Held on Apple Campus / Amazon Invites Press to Event in NYC This Wednesday, 28 September / The Next Web: Twitter Events May Indicate Release of iOS 5 by Oct. 10 / Apple Insider: Apple Employee Vacation Blackout Dates May Indicate iOS 5 Release on Oct 10 and New iPhone Release on Oct 14 / Apple Joins Consumer Protection Group DDP / S3 Sues Apple for Alleged Patent Infringement / Samsung Files Four New Suits Against Apple in the Netherlands / Verizon Files Amicus Brief Asking US Court to Not Ban Certain Samsung Products / All Things D: Samsung App Display Uses Icons for Mobile Safari and iOS App Store

Transcript

Click on a timestamp to play from that location

0:00.0

This is Mac OSKIN. Anticipating iPhone and iOS updates Amazon may finally be set to tackle tablets

0:17.5

and the smartphone legal battles continue.

0:20.3

It's Monday September 26, 2011.

0:24.0

I'm Ken Ray and this is news from Maco S. Can.

0:28.0

Brought to you by yours truly and supported by listeners like you,

0:32.0

subscribers to Maco S. Ken. Truly and supported by listeners like you,

0:32.7

subscribers to MacoS-Can Day 6.

0:36.3

More information is available at Maco-S-Can.

0:40.5

This show is also supported by the Mac-O Can Podcast app for the iPhone, iPad, and iPod touch,

0:47.0

available in the App Store now for $2.99.

0:52.0

Barclay's capital analyst Ben Reitzus is even more bullish on Apple than he was before and he was pretty bullish before.

0:59.4

Forbes has Ritzus reiterating his overweight rating on Apple's shares last Friday and raising his price target from $515 to $555.

1:10.0

Quoting his note, on the back of our recent trip to Asia and checks within retail,

1:14.7

our research continues to point to upside for iPhones, iPads, and Macs,

1:19.3

even as the economy softens. Yes, the economy is a major concern for all companies but macro events

1:25.5

don't seem to be impacting Apple's ascension as the primary disruptive force in hardware.

1:31.2

We continue to believe that Apple is the primary beneficiary of the consumerization of IT

1:35.8

trend while also enjoying defensive characteristics in terms of cash flow, net cash, and valuation.

1:43.0

In short, he's bullish on Apple.

1:46.0

The analyst thinks Apple could ship as many as 40 million iPads for calendar year 2011,

1:52.0

which sounds impressive until you hear what he's expecting

1:55.2

for the next iPhone, Ritzus thinks the company could ship as many as 30 million

...

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