Appletell | Apple, Mac, iPhone, iPod | News, Rumors, Reviews, How-Tos

After a rather dismal first part of the calendar year, with AAPL shedding over $80 at its worst, things are looking very up for Apple, with many analysts reversing their downgrading of stock estimates for the company.

RBC Capital Markets analyst Mike Abramsky raised his target price to $190 a share, Goldman Sachs analyst David Bailey raised his call on AAPL from $175 to $185. Citigroup set a $212 price target. Thomas Weisel Partners raised their call to $195, all in the past week. The consensus seems to be that while iPod/iPhone sales are slower, Mac sales haven’t been better and will boost the company to yet another successful quarter.

On Wednesday, Apple will broadcast it’s 2nd Quarter 2008 Result Conference Call on the web. Last time they had a conference call, they had a record breaking quarter but all anyone could focus on was the fact that iPod sales weren’t fantastic, but rather steady year over year. This sent the stock into a downturn. MacRumors compiled a little list of all that has happened this quarter:

On the Mac front, the early portion of this quarter saw the release of upgraded Mac Pros and Xserves just prior to Macworld San Francisco, with the new MacBook Air following suit at the expo. New Penryn-based MacBook Pros and MacBooks followed at the end of February.

This quarter also saw the release of Time Capsule, revitalized AppleTV and AirPort Express offerings, and higher-capacity models of the iPhone, iPod touch, and iPod shuffle. Also of note, Apple released a limited beta version of the iPhone 2.0 software, including a Software Development Kit (SDK) to allow developers to create third-party applications for the iPhone.

Listen into the call this Wednesday [Apple.com]