Tag: morgan-stanley

Morgan Stanley analysts published a research note on Apple today stating the company “is witnessing significant retail growth opportunities in the US. Apple Computer is likely to make announcements relating to iPhone, broad digital content and digital living room focused hardware in the upcoming year,” reports NewRatings.com. The analysts maintained their “overweight” rating on Apple, and raised its target price to US$90. Read More

Morgan Stanley on Friday raised estimates on Apple, noting that a survey by the firm found that iPods owners had a 19 percent PC-to-Mac conversion rate compared with a street expectation of 10 percent. Morgan Stanley also said that while all PC makers are vulnerable to Apple share gains, Hewlett-Packard “is most at risk.” The conversion rate of iPod users to the Mac platform from PC “implies two points of global PC market share gain for Apple in 2005,” to 5 percent from 3 percent, Morgan Stanley said.