Topic: Ben Reitzes
Barclays downgrades rating on Apple stock due to maturing smartphone market, tells investors to 'step aside'
02/20/2014, 10:02 am
Shares of Apple stock slid Thursday morning after investment firm Barclays Capital lowered its rating on shares of the iPhone maker, saying it doesn't expect the stock to break out of its current trading range within the next year, and suggesting its performance could become comparable to that of rival Microsoft.
03/12/2013, 03:03 pm
Apple should borrow money at low costs against its significant overseas cash position to avoid a tax hit when repatriating that cash, one analyst believes.
03/06/2013, 03:03 pm
A number of analysts reduced their price targets for Apple on Wednesday, though one who just met with the company's executives said those officials are "very optimistic" about the product pipeline and market position.
02/19/2013, 12:02 pm
Samsung's recent successes are an "issue" for Apple that the company must promptly address by expanding the market for the iPhone, one analyst believes.
02/05/2013, 10:02 am
Calls for Apple to make an iPhone with a larger display around 5 inches diagonally are growing among investors, who see a big-screen iPhone as a major revenue opportunity.
01/11/2013, 04:01 pm
Ahead of its holiday quarterly earnings report, Apple finds itself in a situation the company hasn't encountered in awhile: investor expectations for the next year are surprisingly low.
07/12/2011, 08:07 pm
Apple is expected to report more than 22 percent growth in Mac shipments when it announces its quarterly earnings next week, driven by growth overseas, which will compensate for dampened sales in the U.S. in June.
02/12/2011, 01:02 am
Apple has taken a significant lead in the corporate world with the success of its iPad tablet, said one analyst, while predicting the company will sell 33.7 million iPads this year.
10/12/2010, 10:10 am
British investment bank Barclays Capital on Tuesday raised its price target on shares of Apple by more than 10% to $385 per share, citing strength in all four of the company's core product segments and expectations it will build a network of 150 million FaceTime-enabled devices over the next two years.
04/14/2009, 02:04 pm
Despite a slowdown in consumer spending, iPods remain one of the top go-to gifts during the holidays, with Easter reportedly driving sales to levels not seen since the start of the year.
04/06/2009, 11:04 am
Analysts for Barclay's Capital are reporting Monday that their contacts in the Far East tell them that Apple has doubled its iPhone production for the current quarter, suggesting the company has baked high expectations into the launch of new models that will reportedly arrive in June.
04/01/2009, 02:04 pm
Sales of Apple's most affordable iPod shot up more than 50 percent a week after the company unveiled new, more compact models that shift the push controls from the player itself to the included pair of earphones.
12/17/2008, 11:12 am
Even as it's besieged by a weak world economy, Apple is expected to bounce back with new iMacs at the start of 2009 and to launch the iPhone in China soon afterwards.
08/29/2008, 08:08 am
After more than six weeks of almost constant iPhone 3G shortages, Apple is finally known to be getting a grip on its retail supply and has virtually every model in stock everywhere.
08/20/2008, 04:08 pm
Resellers both near and afar are reporting signs that Apple's current line of iPod digital music players are on their way out the door, just as one prominent Wall Street analyst restates his claim that a $199 iPod touch is likely to be among the new models that will fill the void.
08/05/2008, 12:08 pm
While checks within Apple's supply chain suggest the company is researching a low-end iPhone design, rumors that such a device will surface this year are overly optimistic, according to Lehman Brothers.
06/18/2008, 08:06 am
Stocks of some iPod touch models are starting to run low and may be connected to recent promotional announcements, according to one Wall Street analyst, who also notes that the advent of the $199 iPhone 3G will put pressure on Apple to alter its pricing on the high-end media players in the next few months.
06/10/2008, 08:06 am
Having digested Apple's iPhone 3G announcements from Monday, analysts at both Citigroup and Lehman Brothers have sharply raised their 12-month price targets for the electronics maker.
05/30/2008, 09:05 am
A new research note by Lehman Brothers calls for an Apple device with an Intel Atom processor within 12 months, and expects the iPhone to reach more than one billion potential customers before the end of 2008.
04/22/2008, 01:04 pm
Global financial services firm Lehman Brothers initiated coverage on Apple this week with an Overweight rating and $195 price target given the company's ongoing share gains in the PC market, potential for open-ended growth with new iPhones, and prospects for groundbreaking new products later this year and next.