JPMorgan's latest bullish note on Apple (AAPL -0.4%) focuses on the potential of the MacBook...

JPMorgan's latest bullish note on Apple (AAPL -0.4%) focuses on the potential of the MacBook Air, which has turned into a smash hit for the company. The firm thinks a $7B+ annual sales rate could be reached over the next 12 months. Shortages and high prices for hard drives could be giving Air sales a lift, given its reliance on NAND flash memory for storage. A 15-inch model is reportedly arriving in Q1. (previously)

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Comments (4)
  • 7footMoose
    , contributor
    Comments (2229) | Send Message
    I saw three couple with one over worked salesman looking closely at this product while I was shopping at Best Buy this weekend. Two couples were interested for themselves and one couple was buying for their grand daughter. None of them had ever owned a Mac before.
    12 Dec 2011, 10:41 AM Reply Like
  • wolverine27
    , contributor
    Comments (421) | Send Message
    great company . great product . too expensive as a stock in the face of a world wide recession.
    tough to buy a mac for 1200 when you cant pay the mortgage.


    prices must come down.
    12 Dec 2011, 10:44 AM Reply Like
  • brewer
    , contributor
    Comments (3035) | Send Message
    The only problem with you logic is that most of the people are still paying their mortgage, if they have one, and people need great computing products. They are kind of important to have. And people are buying them in droves. This is probably the most sought after computer in the entire market right now, and it runs everything.
    13 Dec 2011, 10:21 AM Reply Like
  • wolverine27
    , contributor
    Comments (421) | Send Message
    actually the mac does not run certain business platforms . the computer is great as i own 2 but i have to own other pcs due to its lack of business unfriendliness.
    the stock needs to get cheaper to account for the economic conditions in front of it . most households are pulling back spending .
    i see this in ism numbers worldwide and the build in inventories numbers and the guidance numbers being lowered by corporate america.
    13 Dec 2011, 12:03 PM Reply Like
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