Apple, Google predicted as stock winners in 1Q08

analysis
Jan 9, 20081 min

Global Equities analyst Trip Chowdhry just published a note listing tech stocks that he believes will beat expectations this quarter, and Apple is right there. Chowdhry said iPod sales were the best in the history of Apple, probably north of 30 million units and that Macs sales remained strong. Bolstering iPod sales is a replacement market of at least 20 million to 25 million units, and the evolution of digital

Global Equities analyst Trip Chowdhry just published a note listing tech stocks that he believes will beat expectations this quarter, and Apple is right there. Chowdhry said iPod sales were the best in the history of Apple, probably north of 30 million units and that Macs sales remained strong.

Bolstering iPod sales is a replacement market of at least 20 million to 25 million units, and the evolution of digital entertainment towards video. Apple TV sales were “somewhat discouraging,” but Chowdhry’s sources indicate that Apple may fix the bandwidth problem by incorporating DS2 400Mbps Powerline technology.

For the record, other companies on the analyst’s “won’t disappoint” list include Google, Microsoft, Satyam Computer Services and Infosys Technologies.

(Disclosure: I own shares of Apple and Microsoft.)