ThinkEquity Partners Analyst: Apple Positioned to Gain Market Share

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ThinkEquity Partners Analyst: Apple Positioned to Gain Market Share

Sep
25

By: switchtoamac at: 1:28 PM on September 25, 2006 | Comments (0)

As a follow-up to our previous article about Apple market share gains over the past year, Jonathan Hoopes, an analyst at ThinkEquity Partners states that Apple Computer is positioned to gain market share.

Quote of interest to the scope of this site:
"We firmly believe that Apple has passed through an inflection point, and we expect demand from 'switchers' to accelerate."

Hoopes' conclusion:
“Never in the history of the PC has a company been better positioned than Apple is at this time to both gain share and improve profitability…Apple’s software holds the key to additional share gains and margin expansion."

Investors will see that he has also upped his price target for Apple's stock (symbol AAPL) from $90 to $100. Hoopes' comments mirror what we have stated on numerous posts on this site relating to Apple's market share rise, expansion, and impact of switchers.

Be sure to read the relevant posts in the "Market Share" category and various posts throughout this site. You can also read more details at AppleInsider.