Pulse2 Technology and Social Media News » Piper Jaffray Companies

Gene Munster Confirmed With Suppliers That Apple Is Working On HDTV

Amit Chowdhry — Wed, 01 Feb 2012 22:19:24 +0000

Piper Jaffray Senior Research Analyst Gene Munster told investors on Tuesday that he recently spoke to a major TV component supplier to learn more about Apple’s rumored plans to release a connected HDTV. The supplier confirmed with Munster that Apple did contact them “regarding various capabilities of their television display components.”

Munster said that he viewed this news as “continued evidence that Apple is exploring production of a television.” Munster has evidence that Apple had meetings in January 2011 in Asia to invest in manufacturing facilities for LCD displays that would be as large as 50 inches.

Apple may release the TV as early as late 2012. The bottleneck of the upcoming HDTV product is that movie and TV studios are resisting from providing content to Apple. Piper Jaffray is projecting that Apple could sell 1.4 million of the 106 million Internet-connected TVs this year. Revenues from the device. This translates to $2.5 billion in 2012. Apple HDTV revenues could hit $4 billion in 2013 and $6 billion in 2014.

In the biography written by Walter Isaacson, Steve Jobs revealed that he had finally “cracked” the television industry.

Sky-mobi Ltd. Is Hoping To Raises $150 Million From IPO

Amit Chowdhry — Sat, 27 Nov 2010 09:31:08 +0000

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.”

Citigroup is leading the group of underwriters. Other underwriters include Piper Jaffray, Oppenheimer & Co., and Rodman & Renshaw LLC. Sky-mobi has about 220.5 million registered users. As of last year they had about 75.9 million users. Sky-mobi saw about 1.59 billion application downloads this year compared to 377 million the year before.

[WSJ]

The Pros and Cons Of The Palm Pre

Amit Chowdhry — Mon, 08 Jun 2009 12:51:46 +0000

The launch of the Palm Pre in stores took place over the weekend. Piper Jaffray analyst Michael Walkley claimed that the launch of the Pre was a “solid” success. Over 50,000 units were sold in the first two days. I’m assuming that most people that bought the phone knew about the pros and cons beforehand. I tried searching for a list of the pros and cons on the web, but I haven’t seen much of a list yet. Since there isn’t much info about the pros and cons out there, below is a list of them for you.

Pros:
- WebOS is fast and easy
- Screen is high quality
- Network speed is fast
- Web browser is fast
- Option to use keyboard along with the touchscreen
- GMail push works
- Speaker is loud and clear
- Ability to multitask
- Threaded SMS

Cons:
- Keyboard is small
- Finger prints tend to remain on the screen
- Battery life isn’t that great (1 hour conversation takes up about 30% battery)
- No expandable memory option
- Tethering doesn’t work
- No ability to search e-mail
- Cut and paste has limitations
- Only a few applications available for download (App Catalog)
- Phone warms up pretty quickly
- CDMA (Sprint-only)

Piper Jaffray States That Application Store Could Increase Apple Sales By $1.2 Billion Market in 2009

Amit Chowdhry — Wed, 11 Jun 2008 20:58:04 +0000

Following Monday’s announcement at the WWDC in San Francisco, investment banking company, Piper Jaffray Piper Jaffray Companies (NYSE:PJC) wants investors to bring their attention to the App Store of Apple Inc. (NASDAQ:AAPL). PJC analyst, Gene Munster stated that his prediction of the App Store becoming a $1.2 billion market is a best case scenario which could possibly add 1-3% in Apple’s operating income.

Munster analyzed that if 91% of Apple’s 85 million customers (61.3 million iPhone customers and 23.4 million iPod Touch customers) go into the App Store once during the course of 2008-2009, then the $1.2 billion expecation is possible.

Munster also based on Apple CEO, Steve Jobs’ assumptions about how many iPhone users surf the web (98%), send text messages (90%), and use 10+ integrated features on the phone (80%). If 77.7 million users download one or two applications from the App Store per year @ an average App cost of $10, about $777 million could be added in sales and $163 million in profit. If the adoption of the App Store is higher (which may be expected given the UI of the iPhone), it would bump up sales for Apple by $1.2 billion and profit of $254 million.

The Apple App Store is expected to launch on July 11, 2008 with the new 3G iPhone.

Information Source:
[1] AppleInsider: Apple’s App Store could emerge as $1.2B business by 2009 by Katie Marsal