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Source: MacMinute.com
CNN/Money: Apple is 'Dangerfield of tech industry'
August 28, 2003 - 14:20 EDT "Apple is the Rodney Dangerfield of the technology industry. No respect," writes Paul La Monica for CNN/Money. "Even though the company's iTunes online music store is doing boffo business and its new Power Mac G5 has been met with mostly great reviews, the consensus rating among Wall Street analysts for Apple's stock is a 2.9, according to First Call. Ratings go from 1 (a Strong Buy) to 5 (a Strong Sell). So this is essentially a Hold recommendation which, as most investors know, is a nice way of saying Sell." La Monica also notes that shares of Apple have surged 61 percent since iTunes debuted in April.
CNN/Money: Apple is 'Dangerfield of tech industry'
August 28, 2003 - 14:20 EDT "Apple is the Rodney Dangerfield of the technology industry. No respect," writes Paul La Monica for CNN/Money. "Even though the company's iTunes online music store is doing boffo business and its new Power Mac G5 has been met with mostly great reviews, the consensus rating among Wall Street analysts for Apple's stock is a 2.9, according to First Call. Ratings go from 1 (a Strong Buy) to 5 (a Strong Sell). So this is essentially a Hold recommendation which, as most investors know, is a nice way of saying Sell." La Monica also notes that shares of Apple have surged 61 percent since iTunes debuted in April.
