Sales of 53M iPhones in June quarter predicted to help propel Apple stock to $170, Brean Capital says
07/07/2015, 02:07 pm
Apple's June quarter will come in higher than most on Wall Street expect, Brean Capital told investors on Monday, revealing it expects the company to have sold as many as 53 million iPhones in the three-month period.
07/02/2015, 09:07 am
In making its case for investors to buy Apple stock, investment bank UBS this week made an interesting analogy, comparing the iPhone maker to growing fast food restaurant Shake Shack, saying the two companies are responsible for "the era of consumer experience."
06/29/2015, 07:06 pm
Apple on Monday announced it will reveal financial results for its third fiscal quarter of 2015 on July 21, to be followed by a conference call potentially offering insight into the sales performance of the company's newest product category, the Apple Watch.
06/29/2015, 10:06 am
RBC Capital Markets has raised its Apple revenue forecasts for 2015 and 2016, arguing that iPhone demand could beat expectations for some time into the future, and that people are skewing towards buying more expensive, higher capacity iPhone models.
06/24/2015, 09:06 am
Demand for Apple's flagship iPhone 6 and iPhone 6 Plus remains extremely strong, even as the product cycle begins to wind down, while consumer interest in the Apple Watch is outperforming the first iPhone, new data reveals.
06/04/2015, 03:06 pm
Apple is expected to announce a new subscription streaming music service at WWDC next week, but investment bank Piper Jaffray expects that the pay-to-play Spotify competitor will bolster the iPhone ecosystem much more than it will pad Apple's bottom line.
06/04/2015, 02:06 pm
Fortune on Thursday published the 2015 edition of its annual Fortune 500 list, as last year ranking Apple fifth among U.S. corporations in terms of revenue, largely on the sales of iPhones and Macs.
06/04/2015, 08:06 am
In a filing with the U.S. Securities and Exchange Commission on Thursday, Apple revealed that it has raised 250 billion yen through its first-ever Japanese bond offering, which is the equivalent of $2 billion U.S.
05/26/2015, 02:05 pm
Apple could issue 200 billion yen, or $1.62 billion U.S., in Japanese bonds as soon as June, marking its first ever debt sale in the country, a report said on Tuesday.
05/26/2015, 09:05 am
Projecting that iPhone sales will again top 50 million in the current June quarter, investment firm Cowen and Company raised its price target on Apple stock to $140 on Tuesday, on continued strong sales of the flagship iPhone 6 and iPhone 6 Plus.
05/19/2015, 02:05 pm
Billionaire investor Carl Icahn argued in a Tuesday TV interview on Tuesday that Apple will indeed make and sell a television set, despite a new report claiming that the company abandoned the project over a year ago.
05/18/2015, 11:05 am
In his latest open letter to Apple Chief Executive Tim Cook, billionaire activist investor Carl Icahn has said he believes shares of the company should currently be trading at more than $100 higher than their current valuation.
05/08/2015, 02:05 pm
On May 14, Apple will pay shareholders of record a quarterly dividend of $0.52 per share, but investors must have settled ownership of the company's stock by Monday, May 11, in order to qualify.
05/07/2015, 04:05 pm
The $178 billion in cash reserves Apple held at the end of 2014 was more than aggregate of every other non-financial U.S. industry sector, excluding the technology and medical industries, according to a Moody's Investors Service study released on Thursday.
05/07/2015, 03:05 pm
If the European Commission were to levy a 12.5 percent tax on all of Apple's earnings that run through Ireland, it would reduce the company's annual earnings by just under 10 percent, a new "worst-case scenario" analysis has found.
05/06/2015, 09:05 am
Apple on Wednesday notified the U.S. Securities and Exchange Commission that it is planning yet another bond sale, accruing debt to fund its ongoing quarterly dividend payments and share repurchase program.
05/05/2015, 10:05 am
Initially slated for mid-June, the European Commission's investigation into Apple's tax arrangement with Irish authorities will not be completed until later in the year, Europe's competition chief said Tuesday.
05/02/2015, 02:05 pm
Die-hard Apple fans have long suggested that the company might be better off without the scrutiny that comes with being publicly traded. On the heels of another record-breaking quarter, AppleInsider took a look at what going private might mean for the computing juggernaut.
04/29/2015, 01:04 pm
Apple has begun to prepare investors for the possibility that the European Commission's ongoing investigation into Ireland's corporate tax arrangements, which the commission argues amount to illegal state aid, could force the company to suffer a significant financial loss.
04/28/2015, 11:04 am
The iPhone continues to drive growth at Apple, once again propelling the company to a record quarter that has left analysts on Wall Street confident the company's stock will continue to go higher.