Amit Chowdhry | November 27, 2010 | 2,868 views | Add a Comment
Categorized under Citigroup, Citigroup Inc., Oppenheimer & Co. Inc., Piper Jaffray, Piper Jaffray Companies, Rodman & Renshaw LLC, Sky-mobi Ltd.

Sky-mobi Ltd. is a China based mobile application store service under the name of Maopao that has filed for an IPO this past Friday. The company is hoping to raise $150 million in the IPO. In a filing with the SEC, Sky-mobile did not specify how many American depositary shares they would be offering. They plan to trade on the Nasdaq Global Market under “MOBI.”

Amit Chowdhry | November 24, 2010 | 483 views | Add a Comment
Categorized under Ittai Kidron, Oppenheimer & Co. Inc., RIM, RIM PlayBook

Oppenheimer analyst Ittai Kidron is predicting that RIM will sell 3.2 million devices for the fiscal year 2012 at an average selling price of $540. Kidron is also predicting that RIM will sell 100,000 PlayBook devices in the fiscal fourth quarter ending February 28. Kidron said is optimistic about the PlayBook because SAP, Manulife, and Sun Life is interested in piloting the tablet device. [ZDNet]
Amit Chowdhry | June 30, 2010 | 991 views | 1 Comment
Categorized under Apple Inc., Oppenheimer & Co. Inc., Verizon Communications Inc., Yair Reiner

Yair Reiner of Oppenheimer predicts that if the iPhone goes on sale for Verizon customers, Apple will sell an additional 12 million units, resulting in an additional $7 billion. Below are some highlights from a Fortune article discussing the potential Verizon deal:

Amit Chowdhry | May 15, 2009 | 4,614 views | Add a Comment
Categorized under Apple Inc., Oppenheimer & Co. Inc., Yair Reiner

Apple executives announced this week that the iPhone will continue to grow in market share and they are considering several options to keep it going. Financial firm Oppenheimer stopped by several companies as part of a bus tour to conduct interviews about strategy going forward.
Oppenheimer stopped by Apple yesterday and asked about new products and market share. Apple said that there is still tremendous potential for the Mac and the iPhone to grow in market share.
In Europe, Mac unit sales have grown 5% and revenue has grown 18%. However in the U.S. Mac units sold have declined 8%. Senior analyst at Oppenheimer Yair Reiner stated that the “iPhone is still in its early days and could gain share by: providing more functionality; lowering prices; growing geographically; or segmenting the market with different models.”
Reiner stated that these are just options that Apple is considering. The company did not necessarily mean that they will do all of those options. Reiner expects that a combination of those options will take place within the next 6 months.
In terms of the AT&T partnership, Apple said that they were happy with the company and competition has been good. But Australia is an example of where three carriers are selling the iPhone.
[via AppleInsider]