Mp3, Music & Magazine

 

Wednesday, February 15, 2006
Creative Tech Faces Stiffer MP3 Competition From Apple
Forbes.com : Standard & Poor's Equity Research analyst Megan Graham-Hackett downgraded shares of digital entertainment company Creative Technology to "sell" from "hold" citing increased competition from Apple Computer in the MP3 player market.

The analyst sees Creative Technology (nasdaq: CREAF - news - people ) facing a "challenging" March quarter due to Apple's product introductions in the lower-end MP3 market. She said Apple (nasdaq: AAPL - news - people ) has broadened its MP3 product portfolio, "thereby increasing the competitive dynamics, in our opinion."

Graham-Hackett lowered the price target on Creative Technology to $7 from $8, based on revised price-to-sales analysis. The analyst also cited seasonality as a potential drag on Creative Technology's quarter. S&P Equity Research maintained a "hold" rating on Apple.
posted by NaxeruL @ 9:26 AM  
1 Comments:
  • At 4:30 PM, Anonymous Rick J said…

    I have been following a site now for almost 2 years and I have found it to be both reliable and profitable. They post daily and their stock trades have been beating
    the indexes easily.

    Take a look at Wallstreetwinnersonline.com

    RickJ

     
Post a Comment
<< Home
 


Add this blog's feed


 
Blog Me

About Me

Name: NaxeruL
Home: Terengganu, Malaysia
About Me: Saya, anda dan kita semua hanya INGIN jadi baik, belum benar-benar jadi baik. Maka bermujahadahlah untuk jadi baik.
See my complete profile
Links
Try FireFox
Try Adsense
Previous Post
Archives
Powered By
  • 15n41n1
  • Powered by Blogger