![]() ![]() 4, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders Joe Terranova owns (VRTS), (C), (UPL), (ABT), (MS), (PBR), (BAX), (TEVA), (CVI), (RSX), (SU) and (CNQ). If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to disclosure: On Mar. Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. Unlike other tablet makers, it has a reoccurring revenue model that makes it "best in breed." For example, Apple gets $16 a month for the iPhone. ![]() On a valuation basis, Najarian added that Apple's stock is cheap. Broadcom, which makes chips for Bluetooth capability, is one of his favorite plays. Personal Loans for 670 Credit Score or LowerĬamera chip maker OmniVision Technologies is a play not just on Apple, but on all tablet makers, said options trader Jon Najarian. Personal Loans for 580 Credit Score or Lower The iPad will have to compete for consumer attention with a myriad of established devices, including smartphones, netbooks and dedicated e-readers like Inc’s Kindle.Best Debt Consolidation Loans for Bad Credit While most agree that the device is well-designed and appealing to consumers, some analysts are not convinced there is a big market for tablet computers. There has been some debate on how successful the much-hyped iPad really will be. “Not only is the device available April 3 in the U.S., but we believe availability in nine other countries by the end of April is likely quicker than many thought, lending potential upside to consensus estimates into mid year,” he wrote in a research note.Īnalysts are currently forecasting Apple’s fiscal 2010 earnings per share at $11.62, according to Thomson Reuters I/B/E/S, up from $9.08 last year. Nonetheless, Barclay’s analyst Ben Reitzes said the launch plans added some “welcome clarity.” The April 3 launch date means Apple won’t likely book any iPad revenue in the current fiscal second quarter, which closes at the end of March. She estimates the company will sell 4 million to 5 million units in the first year, which will add $1 to earnings per share. There’s always so much speculation around a launch, and this alleviates those fears,” said Cross Research analyst Shannon Cross, adding that the breadth of the international launch should reassure investors.Ĭross expects the iPad to be a major growth driver for Apple eventually. “I think it eases concerns that were circulating about supply. The 9.7-inch touchscreen iPad, which is designed to surf the Web, play video and games, and read digital books, is the most anticipated product launch from Apple since the iPhone in 2007.Ĭhief Executive Steve Jobs unveiled the tablet in late January, but the company did not announce any international markets until Friday, when it said the tablet will go on sale in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK in late April. The news sent shares of Apple surging as much as 4.3 percent to an all-time high of $219.70 on the Nasdaq, as analysts said the speedy international rollout could help build sales momentum. A video game is displayed on Apple's "iPad", a new tablet computing device, after its launch event in San Francisco, California, January 27, 2010. ![]()
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