Topic: Amit Daryanani
08/04/2015, 02:08 pm
Amid continued losses for Apple stock, investment firm RBC Capital Markets has remained steadfast with its $150 price target, once again on Tuesday advising investors to buy in ahead of the anticipated "iPhone 6s" product launch.
07/22/2015, 09:07 am
Lofty expectations were beyond the reach of Apple last quarter, sending shares tumbling more than 7 percent. But a number of bullish analysts see the stock pullback as a buying opportunity for investors, who can get in at a cheaper price before the launch of new iPhones.
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.
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.
04/13/2015, 02:04 pm
With some new Apple Watch orders scheduled to ship as late as July, Apple already has another smash-hit product in its lineup, RBC Capital Markets believes.
03/31/2015, 09:03 am
Gross margins for Apple's March quarter could surprise to the upside, according to investment firm RBC Capital Markets, which raised its price target on the iPhone maker to $142 on Tuesday.
02/19/2015, 08:02 am
Apple is set to announce an update to its capital return program in April, and investment firm RBC Capital Markets believes the company could return some $65 billion to investors annually, creating yet another reason to buy into the company's stock.
01/16/2015, 09:01 am
RBC Capital Markets on Friday advised investors to stay long on Apple stock, as the investment firm sees multiple catalysts for the company in the near future, starting with the reporting of holiday iPhone sales.
11/17/2014, 08:11 am
RBC Capital Markets on Monday increased its price target for Apple stock to $120 per share, a number that incorporates the investment firm's expectations for the upcoming Apple Watch, predicted to sell 20 million units in its first 12 months.
10/10/2014, 11:10 am
While billionaire Carl Icahn is unlikely to get his way with Apple, his assessment that the company's stock is massively undervalued should help establish a floor for the stock, preventing it from going below about $95, one analyst believes.
Apple manufacturing costs spike to highest-ever levels, seen signaling huge 'iPhone 6' & 'iWatch' launches
08/25/2014, 01:08 pm
Apple's manufacturing and component purchase commitments reached a record $15.4 billion last quarter, leading one analyst to tell investors on Monday that Apple is gearing up for a blockbuster fall with the launch of an "iPhone 6" and rumored "iWatch."
08/18/2014, 11:08 am
Apple has apparently placed a massive amount of orders for its next-generation iPhone, prompting RBC Capital Markets to notify investors on Monday that they see great upside potential for the anticipated "iPhone 6" over the coming quarters.
07/23/2014, 03:07 pm
Following Apple's record earnings report this week, investment firm RBC Capital Markets raised its price target to $110, recommending that investors buy ahead of what is expected to be a "busy fall" for the iPhone maker.
07/23/2014, 08:07 am
Though Apple's June quarter results were slightly below Wall Street expectations, investors expressed greater concern over the company's guidance for the current September quarter, but they were also pleased by improving gross margins, chalking up the results as a mixed bag.
06/24/2014, 01:06 pm
Already on track to capture nearly half of the smartphone market in 2014, Apple could dramatically expand the iPhone's customer base at Android's expense by adding a new model with a larger display, according to a survey released Tuesday by the investment arm of the Royal Bank of Canada.
06/12/2014, 08:06 am
Following this week's stock split, RBC Capital Markets sees shares of Apple reaching near-record highs in the second half of 2014, based on the strength of the expected "iPhone 6," as well as hotly anticipated new product categories from the company.
Wall Street expects Apple's WWDC announcements will leverage strength of connected platforms against Google
06/03/2014, 10:06 am
With Apple's annual Worldwide Developers Conference highlighting tight integration between the upcoming OS X Yosemite and iOS 8 platforms, market watchers on Wall Street saw the announcements as a direct shot at Google's competing Android platform.
05/05/2014, 09:05 am
With shares of Apple stock continuing to gain value, RBC Capital Markets has been prompted to raise its price target on the iPhone maker for the second time in as many weeks.
12/03/2013, 03:12 pm
With evidence growing that the iPhone could launch on the world's largest carrier, China Mobile, on Dec. 18, analysts expect big things for Apple's financial bottom line in the coming 2014 calendar year.
10/16/2013, 09:10 am
A high-resolution Retina display on the second-generation version of Apple's iPad mini is projected by investors to drive demand enough to keep it more popular than a thinner and lighter fifth-generation iPad, though there are concerns about supply constraints leading into the holiday shopping season.