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Topic: RBC

RBC ups Apple stock price target to $525 due to 'iPhone frenzy'

01/18/2012, 03:01 am

Investment bank RBC upped its price target for shares of Apple from $500 to $525 on Wednesday on expectations that the company will solidly beat Wall Street estimates for the first quarter of fiscal 2012 and offer healthy guidance going into the second quarter.


Claims of weakening demand for Apple's iPhone 4S disputed

11/09/2011, 09:11 am

A Taiwanese newspaper made waves on Wednesday by claiming that Apple has reduced orders for the iPhone 4S, but a trio of separate reports specifically dispute the rumor.


26% of Amazon Kindle Fire buyers delaying purchase of Apple's iPad

11/09/2011, 09:11 am

A new survey of customers who plan to buy Amazon's Kindle Fire touchscreen tablet found that 26 percent of those said the product has prompted them to delay or put on hold a purchase of Apple's iPad.


Wall Street response to iPhone 4S muted, but optimistic

10/05/2011, 12:10 am

Following Apple's unveiling of the iPhone 4S on Tuesday, Wall Street's response was relatively subdued, though analysts remain optimistic that Apple sales growth will continue to rise.


'Unprecedented' demand for Apple's iPhone 5 exceeds iPhone 4 hype

09/13/2011, 08:09 am

A new survey has found "unprecedented" demand for Apple's next iPhone, with 31 percent of respondents indicating they are likely to buy the anticipated handset.


Wall Street doesn't expect Google-Motorola deal to affect Apple

08/16/2011, 09:08 am

While the move may be good for the parties directly involved, Google's purchase of Motorola is not expected to have a major effect on Apple, Wall Street analysts have said.


RBC reiterates September iPhone 5 debut amid rumors of October launch

08/02/2011, 11:08 am

Pointing to a series of identifiable trends, as well as "build data" from Apple's Far East suppliers, investment bankers with RBC Capital Markets on Tuesday waved caution flags at rumors that an iPhone 5 won't hit the market until October.


Apple's victory over HTC may set high royalty precedent for Android devices

07/18/2011, 12:07 pm

Apple's initial legal victory over rival HTC in a patent infringement suit could pave the way for Apple to collect high royalties from devices running Google Android, according to one analysis.


JP Morgan predicts Apple sold nearly 20M iPhones in record June quarter

07/14/2011, 12:07 pm

Next week Apple could post its strongest quarter yet for iPhone sales, as Wall Street firm J.P. Morgan predicted on Thursday sales of 19.6 million iPhones in the June frame.


76% of iPhone owners plan to use Apple's iCloud, 30% interested in iTunes Match

06/21/2011, 01:06 pm

A new survey of iPhone users indicates that Apple's iCloud service could gain 150 million users, while nearly as many are also interested in using iMessage.


Wall Street expects iCloud to drive sales of Apple's iOS devices

06/07/2011, 08:06 am

The newly announced iCloud service is expected to further drive sales of iOS devices as users become even more tied in to Apple's increasingly proprietary ecosystem, analysts on Wall Street believe.


Foxconn's iPad 2 polishing plant reopens following deadly explosion

06/02/2011, 12:06 pm

Weeks after an explosion at a Foxconn iPad 2 polishing plant in Chengdu, China, killed three and injured 15 people, the facility has reopened.


iCloud preannouncement leads Wall Street to expect big things from Apple at WWDC

06/01/2011, 08:06 am

After Apple tipped its hand on Tuesday and revealed it will unveil its new iCloud service next week, Wall Street analysts believe the company has set the stage for a strong software-focused Worldwide Developers Conference keynote.


Apple expected to report sales of 7M iPads, 17M iPhones for Q2 2011

04/12/2011, 08:04 am

Apple is once again predicted to exceed expectations in its upcoming quarterly earnings call, with one analyst forecasting sales of 7 million iPads and 17 million iPhones in the second quarter of fiscal 2011.


Up to 20% of original iPad buyers predicted to upgrade to Apple's iPad 2

03/11/2011, 09:03 am

Of the 15 million iPads sold by Apple in 2010, between 15 and 20 percent of those early adopters will upgrade to the iPad 2, one analyst believes.


Wall Street impressed by 'evolutionary' improvement in Apple's iPad 2

03/02/2011, 11:03 pm

Wall Street analysts reacted positively to Apple's unveiling of the iPad 2 on Wednesday and remained optimistic about the company's continued ability to lead the tablet market, though they viewed the refresh as mostly "evolutionary."


Survey finds consumers believe Apple is bigger than its CEO, Steve Jobs

02/23/2011, 06:02 am

If Apple Chief Executive Steve Jobs were to leave Apple, it would not have a material impact on customers' buying intentions, a new survey has found.


Analyst: Apple could benefit from Nokia, Microsoft partnership

02/11/2011, 08:02 pm

Commenting on Nokia's recent announcement that it will abandon its Symbian mobile operating system on smartphones in favor of Microsoft's Windows Phone OS, one analyst claimed that Apple could stand to benefit from the transition.


RIM PlayBook only garnering half the prelaunch interest of iPad

01/25/2011, 03:01 pm

An analyst's survey of 1,100 consumers found just 6 percent reporting they are "likely" to buy RIM's new playbook, less than half the number who said the same of Apple's iPad last February.


Apple's 'stunning' first quarter exceeds Wall Street's lofty expectations

01/19/2011, 09:01 am

Apple's earnings for the first quarter of 2011 crushed analyst expectations on Wall Street, who heaped praise on the company for beating estimates by $2 billion.