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Topic: Ben Schachter

Analysts raise Apple targets, see shares going as high as $156 after best-quarter ever

02/01/2017, 12:02 pm

Led by the blockbuster debut of the iPhone 7 series, Apple exceeded Wall Street's expectations with its holiday quarter, sending shares of the company's stock higher and prompting analysts to revise their price targets upward.

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Lion's share of Apple's revenue expansion after 'iPhone 8' expected from services growth

01/20/2017, 09:01 am

Given the Apple iPhone user base expansion, Apple's Services business led by the App Store is forecast to not only be the prime mover of Apple's income expansion, but also be the largest contributor to gross margin improvements as well.

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Apple's impressive App Store growth continues to be overlooked by Wall Street, Macquarie says

08/07/2015, 11:08 am

Apple revealed this week that its iOS App Store had a record July with $1.7 billion in transactions. But investment firm Macquarie Securities believes Wall Street isn't paying enough attention to Apple's growing and highly profitable services business.

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Wall Street blown away by Apple's 'remarkable' record September quarter

10/21/2014, 11:10 am

Apple exceeded market expectations this week with the results of its record breaking September quarter, leading analysts to heap praise on the company and raise their price targets as it heads into what is expected to be a blockbuster holiday season.

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iTunes and app sales projected to grow to 20% of Apple profit by 2020

03/24/2014, 10:03 am

iTunes content and the App Store are projected to be key drivers of growth for Apple moving forward, with one new forecast calling for content and apps alone to account for 20 percent of profits by 2020.

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