Comments on: Apple analyst does a U-turn, changes downgrade to upgrade

By: Rob, Seattle, WA

Rob, Seattle, WA — Wed, 07 May 2008 14:26:50 +0000

Mr. Wu's magic prediction aside… I'd suspect the stock to hit around $200 / share around December and then fall in January. 3G phones will probably receive wide market acceptance and new Macbook Pros may be released end of Q4.

By: wiredman, AZ

wiredman, AZ — Tue, 06 May 2008 14:56:12 +0000

HW says "Mr. Wu is being manipulated more than the stock price."

He and anybody who watches network and cable TV are being manipulated. Which includes over 50% of Americans.

When it is more important to report through biased political point-of-view then to report the facts, manipulation occurs.

By: Sahil, Atlanta GA

Sahil, Atlanta GA — Tue, 06 May 2008 12:55:10 +0000

This guy is a genius.

Should I buy some stock in Google now that it has gone up 25% in the last 2 weeks?

Completly useless!

By: Seer Roebuck, Providence, RI

Seer Roebuck, Providence, RI — Tue, 06 May 2008 12:49:30 +0000

Analysts still have "gotten" the Apple Schtick: forecast very conservatively and overdeliver on earnings day. Has happened ever since Jobs was there.

By: toby, zurich, Switzerland

toby, zurich, Switzerland — Tue, 06 May 2008 01:37:16 +0000

Meh. Shows what happens when you admit you were wrong.

If I was Wu (praise god for his deference) I would be sticking to the "Apple is going to die!" theme for it is is worth.

I would be saying stuff like "You'll see! Microsoft are going to make vista half the size and three times as fast with the next upgrade, and folks will love it!"

And other completely ridiculous stuff like that.

By: boston,ma

boston,ma — Mon, 05 May 2008 23:31:56 +0000

Clearly the stock market is joke ….where on a wing and a prayer people change their minds about how a company like Apple will perform … When if you look at the number Apple's profit have been record breaking almost every quarter this year but I guess that doesn't matter rumors and gut feeling is what we go by this day's…and we wonder why the economy is bad..

By: H.W., Little Boston, CA

H.W., Little Boston, CA — Mon, 05 May 2008 19:39:18 +0000

Mr. Wu is being manipulated more than the stock price.

By: XamaX, Lisboa, Europe

XamaX, Lisboa, Europe — Mon, 05 May 2008 17:36:07 +0000

Is Shaw Wu an analyst or some predicting guru with a crystal ball?

If he's an analyst, he should stick to analysis and advise customers to buy or sell according to the company's strengths or weaknesses, not try to guess what the market reaction will be to the Earnings Report that he knew would show strong results.

The market is always unpredictable. Unless you're trying to convey self-fulfilling prophecy!

And the market is finally starting to come to the realisation of what Apple Inc. really is.

That's why there's a rally going on with AAPL and that's why that rally will go on for at least 'til the year's end.

I will not be surprised if AAPL reaches GOOG price levels in 2009. But I can't say that for sure, I just can't tell where I've placed my crystal ball again!

By: Dave, Victoria, BC

Dave, Victoria, BC — Mon, 05 May 2008 17:25:32 +0000

Another Analyst saying buy AFTER the stock has gone up.

Why weren't they YELLING 'BUY! BUY! STRONG BUY!" to their money paying subscribers when Aapl was at 118 just a few months ago? It was obvious a bargain then, I bought thousands of bucks more at that point.

At least Wu admits error, where's Toni Sacconaghi?

By: pk de cville, VA

pk de cville, VA — Mon, 05 May 2008 17:24:24 +0000

FWIW,

I think Shaw is admirable in his admission of his mistake. Curious, I can't recall any other analyst's self-admission.

Huh, do you think we live in a near-perfect world where mistakes hardly happen or…?

OTH, I've always valued Shaw's insight because he's been right a lot more frequently than the average bear.