Topic: RBC Capital
01/25/2012, 09:01 am
Analysts on Wall Street were blown away by Apple's blistering holiday 2011 quarter, and promptly revised their estimates even higher following the news.
10/19/2011, 01:10 am
After Apple's quarterly earnings failed to live up to Wall Street consensus estimates, some analysts have labeled the September quarter a "transitional quarter" for Apple, while remaining reassured that the first quarter of iPhone 4S sales will make up for the so-called "hiccup."
08/05/2011, 12:08 am
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."
07/19/2011, 09:07 pm
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."
06/29/2011, 08:06 am
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.
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.