Topic: Michael Walkley
02/09/2015, 09:02 am
Apple's domination in the smartphone market compelled Canaccord Genuity to raise its price target on Apple stock to $145 on Monday, advising investors to buy in on the continued strength of the new iPhone 6, which decimated profits for competitors last quarter.
12/02/2014, 09:12 am
Investment firm Canaccord Genuity raised its price target on shares of Apple to $135 on Tuesday, citing its latest survey showing supply constraints for the higher-capacity iPhone 6 and iPhone 6 Plus, signaling higher average selling prices and greater profits for the company's handset division.
11/04/2014, 12:11 pm
A new analysis of third-quarter handset industry operating profits estimates that Apple accounted for a massive 86 percent share, blowing away the competition as rivals such as Samsung saw their profit levels dip.
iPhone 6 & 6 Plus demand exceeding supply, iPhone 5s selling well as Apple dominates smartphone sales
10/13/2014, 11:10 am
New data shows the iPhone 6, iPhone 6 Plus and iPhone 5s were the top three selling smartphones at all four major U.S. carriers over the last month, giving Apple complete dominance of its home market.
05/08/2014, 10:05 am
With its price target at risk of falling below the company's actual trading share price, Canaccord Genuity on Thursday updated its forecast for Apple stock to $660, and revealed the results of a new survey that found the iPhone 5s is the most popular handset at all four major U.S. carriers.
01/14/2014, 12:01 pm
Total iOS device sales may have reached 80 million units in the just-concluded December quarter, driven by particularly strong demand for the new iPhone 5s and iPad Air, sales surveys conducted by Canaccord Genuity suggest.
11/14/2013, 10:11 am
The mobile market continues to be a two-horse race for profitability between Apple and Samsung, with the two rivals commanding 109 percent of profits -- a number made possible because its competitors are actually losing money in the smartphone space.