Topic: RBC Capital
04/12/2011, 08:04 am
Apple is once again predicted to exceed expectations in its upcoming quarterly earnings call, with one analyst forecasting sales of 7 million iPads and 17 million iPhones in the second quarter of fiscal 2011.
01/17/2011, 03:01 pm
Though U.S. markets were closed on Monday, overseas trading gave an indication of how investors might react to Steve Jobs' absence from Apple come Tuesday. In addition, analysts on Wall Street offered their take on the news.
01/12/2011, 08:01 am
With Apple's quarterly earnings report for the 2010 holidays less than a week away, one Wall Street analyst believes Apple will sell a record 16 million iPhones, 6 million iPads, and 4.2 million Macs.
01/10/2011, 02:01 pm
Though a slew of "iPad killers" were introduced at last week's Consumer Electronics Show, none of those tablets are expected to unseat Apple's iPad as the top-selling device, numerous Wall Street analysts said Monday.
10/15/2010, 01:10 pm
Financial experts at the Royal Bank of Canada are out with a bullish report on Apple friday, saying they expect the company to report next week a blowout quarter in which sales exceeded $20 billion and include the sale of a record 13.5 million iPhones.
05/27/2009, 12:05 pm
With more and more evidence pointing to Apple's 2009 iPhone lineup consisting of three distinct models, the Royal Bank of Canada is the second investment firm to predict that one of those models will be a repackaged version of the existing 8GB iPhone 3G that will see its price tag lopped in half.
03/30/2009, 01:03 pm
The Royal Bank of Canada is maintaining its bearish near-term outlook on shares of Apple, claiming that although consumer interest in a new version of the iPhone remains healthy, sales of the new device are unlikely to provide the company with the same boost seen during the transition from the original iPhone to the iPhone 3G.
02/10/2009, 11:02 am
Although Apple has downplayed the possibility of a stripped-down iPhone, the Royal Bank of Canada is reiterating claims this week that the company is gearing up to announce two new versions of its touch-screen handset, including an entry-level model that lacks both 3G connectivity and an unlimited data plan.
01/16/2009, 11:01 am
The Royal Bank of Canada cut its price target on shares of Apple friday to $70 from $125 and also downgraded the stock to 'Underperform' on concerns of reduced earnings growth as well as uncertainty about the company's leadership.
09/29/2008, 11:09 am
Shares of Apple bled more than 17 percent of their value in Monday morning trading on the Nasdaq stock market after analysts for investment banks Morgan Stanley and RBC Capital both downgraded their outlook on the company, citing a worsening consumer environment.
09/03/2008, 10:09 am
Apple could announce sales of more than 4 million 3G iPhones at its media event next week, according to investment bank RBC Capital Markets, which also suggests the company may be looking into a low cost "iPod phone" to build on its momentum.
08/21/2008, 11:08 am
The investment banking division of the Royal Bank of Canada said Thursday that Apple's back-to-school promotion is showing signs that it will drive the company to a record-smashing quarter in which sales of Macs could exceed 3 million.
06/30/2008, 02:06 pm
In a sign of "unprecedented pent-up demand" for the upcoming iPhone 3G, investment bank RBC Capital Markets says its own proprietary study has revealed that more than half of consumers who are in the market for a smartphone intend to purchase one of the new Apple handsets after its launch on July 11th.
06/16/2008, 08:06 pm
The impact of the iPhone 3G's faster Internet access, new markets, third-party apps, and very low pricing should trigger a new sales rush that does for the iPhone what 2005 accomplished for the iPod, according to a new report from RBC Capital Markets.
06/06/2008, 06:06 pm
Although everyone's eyes are on the launch of a top-tier 3G iPhone next week, the release of a lower-cost entry phone could push Apple to ship more than twice as many phones as originally forecast this year, says RBC Capital Markets.
05/05/2008, 06:05 pm
After meeting with top Apple brass at an event, RBC Capital Markets' Mike Abramsky claims that the electronics maker may shake up its existing business model for the iPhone and should easily pass its sales target for 2008, especially once 3G devices become available.
04/24/2008, 02:04 pm
RBC Capital Market's Mike Abramsky and American Technology Research's Shaw Wu emerged atop the list of Apple analysts in providing the most accurate estimates for Apple's second fiscal quarter of 2008, and both are out Thursday with new research notes on the company.
04/21/2008, 12:04 pm
Investment banks Citigroup and RBC Capital Markets have both raised their outlook for Apple's second fiscal quarter, saying they expect the company to announce Wednesday revenues of more than $7 billion on sales of over 2 million Mac systems.
01/28/2008, 03:01 pm
Wall Street folk remain immersed this week in the hunt for Apple's missing iPhones, with one firm saying it believes that the majority of the unaccounted for units are in the hands of unlockers rather than idling in inventory.
08/08/2007, 03:08 pm
With Apple having announced its new iMac line on Tuesday, analysts for RBC Capital Markets say they're confident the company will ship a record 2 million Mac systems during the current quarter ending September.