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Old 01-24-2008, 01:09 PM
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Default Re: W.R. Hambrecht reiterates 'Buy" on Apple, ups target price was

4phun wrote:

> In a note to clients today, Kather advises using Apple current drop in
> price "to patiently accumulate shares" ahead of new products,
> including the 3G iPhone expected in May-June 2008.


Since the 3G iPhone has already been announced, it's already been
factored into the current price, though the slow sales in Europe are
partially due to the lack of 3G. The main reason for the drop in the
stock price is lower-than-expected iPhone sales, and slowing iPod sales.

"http://www.macworld.co.uk/ipod-itunes/news/index.cfm?newsid=20240"

What's needed is a product in a new category, or a major feature
enhancement.

Some ideas:

-Add voice-dialing to the iPhone. As more states and countries pass laws
prohibiting handheld use of phones while driving, the iPhone is at a big
disadvantage since you now have to hold it in order to enter a phone
number, and this will be illegal (in California and Washington later
this year, and already in several northeastern states, and much of
Europe and Asia).

-iphone-GPS and iPod Touch-GPS: Adds full GPS capability to the iPhone
and iTouch, both for in-car and portable use (like a Garmin), along with
down-loadable topo and satellite maps from the iMaps section of iTunes
(Bushnell is selling overlay satellite maps for it's portable GPS). With
8GB or 16GB of Flash, this is a natural application.



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