Selling an estimated 5 million units in its first year as a "base case" scenario, Apple's tablet would earn the company $2.8 billion in additional revenue and solidify it as more than a niche product, a prominent investment baking firm said Friday.
While rumors have suggested Apple is courting print publications to deliver content on its anticipated tablet device, company executives recently said they see problems with the current business model.
Wall Street analysts have raised their price targets for Apple stock yet again, after the company posted another recession defying blockbuster quarter with record Mac and iPhone sales.
Apple is due to report its quarterly earnings on Monday, and the Mac maker is predicted to exceed Wall Street expectations with blockbuster Mac sales, according to two research notes released Thursday.
Despite the fact that no one has seen it, a new survey says that 21 percent of buyers are interested in purchasing an Apple tablet device. That demand, along with strong Mac and iPhone sales, is expected to propel the company's stock.
Although Wednesday's iPod announcements were seen as a relative "non-event," analysts are still high on Apple stock, predicting that the hardware maker will continue to perform well in a down economy.
Customers who flocked to Apple's latest iPhone upgrade were overwhelmingly satisfied with their purchase, but AT&T's network didn't fare nearly as well, a new survey shows.
Analysts are again bullish on Apple stock after the company reported a record third quarter in Tuesday's earnings report, and provided higher-than-expected guidance in some aspects of its fourth quarter.
An RBC analyst says that demand, not future models, are dictating the sudden iPhone shortage. Meanwhile, Apple assures buyers that more are on the way, the company is fighting New York City over an apple logo, and T-Mobile Germany is the first to subsidize the iPhone's price with different plans.
The advent of a 3G iPhone from Apple Inc. later this year will enabled a slew of often-sought media features and present the greatest opportunity for international adoption, according to a pair of Wall Street analysts, who've nonetheless reduced their price targets on the company given recent growth and economic concerns.
Despite a very familiar set of limitations, the iPhone is showing continued demand in Europe and leading its immediate rivals, says RBC analyst Michael Abramsky.
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Neil Hughes
Katie Marsal
Aidan Malley
