After Google unveiled new features to its search results yesterday, one analyst is saying that the company’s leadership position has become virtually unshakable.
In a research report, Piper Jaffray analyst Gene Munster said that while the new products–Google Search Options, Google Squared and Rich Snippets–were “more evolutionary than revolutionary,” they demonstrated the company’s continued ability to innovate.
China today is reportedly shutting down about 10,000 unregistered and unapproved Web sites, most of them operated by small businesses, according to Piper Jaffray analyst Gene Munster. He says that “multiple Chinese media sources” last night discussed the push to clean up unwanted Internet sites.
Gene Munster of Piper Jaffray cut estimates on 33 Internet companies today. He claims that it’s due to the “significant deterioration in the economic and consumer spending outlook.” Well, at least people are saving a little money. Munster sees e-commerce spending down 10 percent in the coming year, and online advertising up just two percent.
Apple needs to refresh the Mac line. That’s a key takeaway from today’s data from market research firm NPD on August Mac and iPod sales. In a note this afternoon, Piper Jaffray analyst Gene Munster reports that the NPD data showed Mac sales growth in August was up 23 percent year-over-year in units, down from 43 percent growth in July.
Piper Jaffray analyst Gene Munster writes this morning that Apple’s (AAPL) expansion today of the iPhone’s availability to 21 additional countries, nearly doubling the total, will lead to a 78 percent increase in addressable buyers, and that the resultant rise in iPhone unit sales is not being taken account of in Street estimates for Apple.
Such is the frenzy for information about potential new products from Apple (AAPL) that the blogosphere has begun to lose track of the rumors.
On Macrumors.com, a post this morning makes reference to a report purportedly put out today by Piper Jaffray analyst Michael Olson.
Piper Jaffray’s Gene Munster, perhaps the most bullish analyst on the Street on Apple (AAPL) shares–he maintains a Buy rating and $250 price target–wrote a detailed analysis today on what the true cost of the iPhone 3G will be for U.S. consumers.
Apple (AAPL) shares are getting hit hard in today’s broad market selloff. While there are some minor news developments involving Apple–a lawsuit over the use of the phrase “Mighty Mouse,” a report that the company will use LED backlit displays in future laptops–there’s nothing obvious that would be pressuring the stock.
Turns out the iPhone shortage isn’t limited to New York Apple stores: Piper Jaffray analyst Gene Munster called 20 Apple stores nationwide today–and all of them were sold out of iPhones. In a note, Munster says the lead time for iPhones on Apple.com is still “5-7 days.” What does this mean?
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