Lehman upgrades Apple to 'overweight'

Murlyn · Sep 29, 2003

Source: MacMinute.com

Lehman upgrades Apple to 'overweight'
September 29, 2003 - 07:57 EDT Daniel Niles, an analyst with Lehman Bros., has upgraded Apple Computer to "overweight" from "equal weight," reports CBS MarketWatch. The reason for the upgrade was Apple's "solid" back-to-school demand, but Niles also believes the company is heading into a "significant" Power Mac upgrade cycle and expects some additional revenue from the iTunes Music Store.

My Comments: Well this is good to know..I wish I would have invested in Apple a year ago

MacAddikt · Sep 29, 2003

i wish i could have invested in Apple before the return of Jobs and the first gen iMac

rman · Sep 29, 2003

I know what you mean.

Murlyn · Sep 29, 2003

Yeah no kidding!

Graphite · Sep 29, 2003

You know at the time when it was really low, I told my dad to invest in it, and he said he would, but never did. Even 2 years ago, I told him to, and I was going to invest in apple. I still have the quicken.com portfolio with the tally still up. I would have made a boat of money for what I was putting in it.

Ill try to get a screen shot of it.

Graphite · Sep 29, 2003

Here is the one that was actual, that I wanted to do.

Graphite · Sep 29, 2003

This one is what I did for a class assignment all those years ago in HS

I gota A! and it also made me want to invest because I was good at it.. er..

Graphite · Sep 29, 2003

This one is nothing to do really with me, but I found it very cool.

See how M$ has dove from increasing.

All this really means is apple is increasing faster than M$, hopefully leading to better machines.

(for some reason its really crapy at uploading Images, it just doesn't want to upload ill keep trying.)

rman · Sep 29, 2003

What product was released May of this year? Per your chart May was a turning point.

Graphite · Oct 1, 2003

I really don't remember what was released.. though it was either, Final Cut Pro 4/Shake/emagic logic or.. a new Mac update (prolly emac) music is newer than that.. I really don't remeber, I guess we could do a search on the forums for one of schwebs posts around then..

and find out.

Murlyn · Oct 1, 2003

MacMinute said:
Apple stock jumps on news of strong music sales
May 5 - 16:17 EDT** Shares of Apple rose more than 11 percent Monday, gaining US$1.64 to $16.09 each on the Nasdaq Stock Market. The stock apparently jumped on today's news that Apple's new iTunes Music Store sold more than one million songs during its first week. It was the stock's best close in six months ($16.35 on November 21).

So there you go.. that's the reason right there