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Mac OS Ken

Mac OS Ken: 11.20.2012

Mac OS Ken

Ken Ray

Technology

4.7996 Ratings

🗓️ 20 November 2012

⏱️ 16 minutes

🧾️ Download transcript

Summary

Fortune: Merrill Lynch Analyst Issues Positive Note on Apple While Lowering Price Target on Company’s Shares Topeka Capital Analyst Calls Recent Apple Sell-Off “Insanely Insane” Apple Ends Trading Monday Up $38.05 to Close at $565.73 All Things D Sources Say New iMacs Still Shipping This Year (And Supply Will Still Be Constrained) 9 to 5 Mac: Apple Opens Refurbished Equipment Store on eBay iTunes Match Suffers Monday Morning Outage on the Heels of Sunday iMessage and FaceTime Failures 9 to 5 Mac Sources Say Siri and Maps Headed to OS X 10.9 Sketchy Source Says OS X 10.9 to Be Called “Lynx” (and I Like It) Report: Apple Sells Parts of AuthenTec; Keeps the Fingerprint Scanning and NFC Bits Greenpeace Lowers Apple to Sixth in Latest Greener Electronics Guide President Obama Calls a Few CEOs Including Apple CEO Tim Cook to Talk Over U.S. Economy Intel CEO Paul Otellini Retiring in May 2013 Apple Starts Music Sales on iTunes Russia at Roughly 50% U.S. Prices Apple Brings Full AC/DC Catalogue to iTunes

Transcript

Click on a timestamp to play from that location

0:00.0

This is Mac OSKinn.

0:10.0

Apple shares take up in a good way.

0:15.0

All Things D says new I-Max are still coming soon,

0:18.0

and the Mac may be getting more I-O-Sified.

0:21.0

It's Tuesday, November 20, 2012. I'm Ken Ray, and this is news from Mac-O-S-Can.

0:28.8

Brought to you by yours truly and supported by listeners like you subscribers to Mac OS can day six more

0:36.9

information is available at Maco can dot com this show is also supported by the Mac OS can Podcast app for the iPhone, iPad, and iPod

0:47.0

Touch, available in the App Store now for $2.99.

0:53.0

Two interesting notes on Apple from Financial Analysts yesterday.

0:56.2

First Fortune had Merrill Lynch analyst Scott Craig stating a decidedly positive outlook

1:00.8

for Apple, while in the same note lowering his target price for the company's

1:04.4

shares from $840 to $780. Fortune points out though that that 780 target is still

1:11.0

about $17 higher than Wall Street's average target on Apple stock.

1:16.0

What's hurt Apple shares over the past few weeks? Craig says there are four horsemen in this perceived

1:20.8

apocalypse. First, there are investors locking in profits heading into the year end and the potential

1:26.0

capital gain tax increase in 2013.

1:29.2

Then there's a perceived less than stellar iPhone 5 launch. There's near-term margin pressures for

1:34.6

Apple and there's increased competition says the analyst although we do not

1:39.2

expect these uncertainties to alleviate near-term we remain positive on current product cycles and believe

1:45.2

the stock offers a very attractive balance of growth and value.

1:49.8

But the note that got the most notice was the one pen by Topeka Capital Markets analyst Brian White, as highlighted by Business Insider.

1:57.0

In our view reads his note, the sell-off in apple stock over the past eight weeks has gotten to the point of being insanely insane

...

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