10/27/2015, 05:10 pm
Apple grew its revenue another 22 percent year over year in its September 2015 quarter, a result set by record iPhone and Mac sales. Following the announcement, executives from the company participated in a conference call with analysts and the media, and notes of inventory follow.
10/27/2015, 04:10 pm
Apple reported yet another record smashing quarter on Tuesday, earning $51.5 billion in revenue and $11.1 billion in net profit on blockbuster sales of 48 million iPhones.
10/26/2015, 03:10 pm
Ahead of Apple's September quarter earnings report, investment firm Cowen and Company on Monday increased its price target to $135, with sales forecasts higher than consensus on Wall Street.
10/23/2015, 10:10 am
Investors are eagerly awaiting the results of Apple's September quarter, due to be reported next Tuesday, in which it's expected Apple will report record sales of 47.8 million iPhones.
Earning a third as many paid users as Spotify in under 4 months, Apple Music already a hit, FBR says
10/20/2015, 09:10 am
Less than four months after it launched, Apple Music already has 6.5 million paid subscribers, or nearly a third of the 20 million who pay for Spotify, a service that has been around since 2008, investment firm FBR & Co. said on Tuesday.
10/19/2015, 09:10 am
Heading into the fall shopping season, Apple stock is investment firm Piper Jaffray's top large-cap pick for the rest of the year and into 2016, citing continued growth for the company's iPhone lineup led by the new 6s series.
10/08/2015, 01:10 pm
Apple's newly launched iPhone Upgrade Program will drive handset owners to upgrade their devices even faster than before, adding to the company's bottom line over the next four-plus years and pushing its stock higher, investment firm Piper Jaffray believes.
10/01/2015, 01:10 pm
iPhone shoppers are increasingly favoring high-end, 64- and 128-gigabyte models, and showing strong early interest in Apple's new interest-free iPhone Upgrade Program, data from an RBC Capital Markets survey suggests.
10/01/2015, 12:10 pm
Shares of Apple stock fell more than 2 percent in early trading Thursday, following a highly questionable report from the Far East claiming that Apple's integrated circuit suppliers are concerned over the prospect of fewer iPhone-related chip orders.
09/28/2015, 06:09 pm
Apple on Monday announced plans to reveal quarterly financial results for its final fiscal quarter of 2015 on Oct. 27, which will be followed by a conference call expected to shed light on initial iPhone 6s and 6s Plus sales, as well as the upcoming fourth-generation Apple TV.
09/28/2015, 12:09 pm
With more than 13 million units sold in the first three days of availability, the iPhone 6s and iPhone 6s Plus exceeded most market expectations, and analysts responded on Monday by reacting favorably to the announcement from Apple.
09/16/2015, 09:09 am
The new official iPhone financing plan is seen by investment firm RBC Capital Markets as a benefit not only to Apple, but also to its customers, both of whom should gain leverage over wireless carriers.
New iPhone Upgrade Program seen driving upgrades, giving Apple more control of customer relationship
09/15/2015, 08:09 am
Apple's new interest-free iPhone Upgrade Program is likely to make more customers buy a new handset every year, investment firm UBS believes, calling it a "smart move" that could make the iPhone more of an annuity business.
09/13/2015, 03:09 pm
Since Apple announced its industry-leading earnings for fiscal Q3 on July 21, the company's stock price collapsed by about a third, encouraging facile analysts to predict further losses. In reality, Apple shares are being bought up at a massive discount by the company itself, in a clear bet on future appreciation.
09/10/2015, 07:09 pm
In a U.S. Securities and Exchange Commission filing on Thursday, Apple announced a new two-billion euro debt offering (about $2.26 billion) as it continues to take advantage of historically low interest rates.
09/08/2015, 10:09 am
A revamped Apple TV with its own App Store downloads could enter Apple into the $35-billion-per-year gaming market, adding an estimated 3.3 percent to the company's 2016 earnings per share, J.P. Morgan believes.
09/04/2015, 11:09 am
There's a feeling on Wall Street that everything is already known and expected heading into Apple's "Hey Siri" event, investment firm Wells Fargo said on Friday, suggesting that any potential surprises could help push the company's stock higher.
09/04/2015, 08:09 am
Apple's Sept. 9 event, where it is expected to introduce a new iPhone and Apple TV, will likely be a catalyst for shares of the company, RBC Capital Markets told investors on Friday, while reiterating its $150 price target.
09/02/2015, 10:09 am
Investment firm Piper Jaffray doesn't expect a mythical "Apple Car" to be on the roads anytime soon, but the firm did advise its clients this week that the rumored project will affect shares of AAPL as investor expectations adjust.
08/31/2015, 01:08 pm
Apple stock should bounce back to $130 by the end of the year, helped by solid iPhone sales and high profit margins, a Brean Capital research memo argued on Monday.