RBC ups Apple stock price target to $525 due to 'iPhone frenzy'

Investment bank RBC upped its price target for shares of Apple from $500 to $525 on Wednesday on expectations that the company will solidly beat Wall Street estimates for the first quarter of fiscal 2012 and offer healthy guidance going into the second quarter.

Josh Ong 14 years ago 30

Claims of weakening demand for Apple's iPhone 4S disputed

A Taiwanese newspaper made waves on Wednesday by claiming that Apple has reduced orders for the iPhone 4S, but a trio of separate reports specifically dispute the rumor.

Neil Hughes 14 years ago 44

26% of Amazon Kindle Fire buyers delaying purchase of Apple's iPad

A new survey of customers who plan to buy Amazon's Kindle Fire touchscreen tablet found that 26 percent of those said the product has prompted them to delay or put on hold a purchase of Apple's iPad.

Neil Hughes 14 years ago 72

iPhone 4S preorders suggest 3M sales at launch, 25M this quarter

Apple's record setting pace of a million iPhone 4S preorders in 24 hours puts the company in a position to sell nearly 3 million devices on launch weekend, and 25 million in the current quarter.

AppleInsider Staff 14 years ago 26

Wall Street response to iPhone 4S muted, but optimistic

Following Apple's unveiling of the iPhone 4S on Tuesday, Wall Street's response was relatively subdued, though analysts remain optimistic that Apple sales growth will continue to rise.

Josh Ong 14 years ago 50

Apple seen selling iPhone 3GS free with subsidy, $399 without contract

Though the iPhone 3GS was first released in 2009, one analyst has said Apple will continue to sell its third-generation handset after the "iPhone 5" is announced, offering it for free with a service contract or for $399 unsubsidized.

Neil Hughes 14 years ago 78

'Unprecedented' demand for Apple's iPhone 5 exceeds iPhone 4 hype

A new survey has found "unprecedented" demand for Apple's next iPhone, with 31 percent of respondents indicating they are likely to buy the anticipated handset.

Neil Hughes 14 years ago 108

Wall Street doesn't expect Google-Motorola deal to affect Apple

While the move may be good for the parties directly involved, Google's purchase of Motorola is not expected to have a major effect on Apple, Wall Street analysts have said.

Neil Hughes 14 years ago 33

RBC: Apple would only launch low-cost iPhone if it had 'category-killer' experience

After a meeting with two of Apple's top executives, RBC Capital Markets analyst Mike Abramsky said the company's primary requirement for launching a lower-end iPhone is whether the handset would provide an "innovative, category-killer experience."

Josh Ong 14 years ago 35

RBC reiterates September iPhone 5 debut amid rumors of October launch

Pointing to a series of identifiable trends, as well as "build data" from Apple's Far East suppliers, investment bankers with RBC Capital Markets on Tuesday waved caution flags at rumors that an iPhone 5 won't hit the market until October.

Neil Hughes 14 years ago 17

Wall Street: Apple earnings 'nothing short of a blowout' after record quarter [u]

Wall Street analysts were stunned by Apple's record quarterly earnings on Tuesday, noting that there seems to be no end in sight for the company's "upside parade."

Josh Ong 14 years ago 20

Apple's victory over HTC may set high royalty precedent for Android devices

Apple's initial legal victory over rival HTC in a patent infringement suit could pave the way for Apple to collect high royalties from devices running Google Android, according to one analysis.

Neil Hughes 14 years ago 90

JP Morgan predicts Apple sold nearly 20M iPhones in record June quarter

Next week Apple could post its strongest quarter yet for iPhone sales, as Wall Street firm J.P. Morgan predicted on Thursday sales of 19.6 million iPhones in the June frame.

Neil Hughes 14 years ago 24

Apple will offer free iPhone 3GS with 2-year mobile contract - report

Apple is prepared to offer the iPhone 3GS, first released in 2009, as a free subsidized phone with a two-year service contract, according to a new report.

Neil Hughes 14 years ago 115

76% of iPhone owners plan to use Apple's iCloud, 30% interested in iTunes Match

A new survey of iPhone users indicates that Apple's iCloud service could gain 150 million users, while nearly as many are also interested in using iMessage.

Neil Hughes 14 years ago 29

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