Three big-name mutual funds loaded up on Apple stock in the third quarter, while bailing out of the other big names in tech — a move which is now setting up investors for short-term loss from shareholder sell-off.
With opposition from content providers likely, Apple's rumored television set will not be able to cut out existing cable operators, and Apple will instead be forced to work with them, a new analysis predicts.
Investment bank J.P. Morgan has poured cold water on speculation that Apple will release a connected television set later this year, while simultaneously offering its own speculation that the company may introduce an "iPay" mobile payment platform.
Investment bank J.P. Morgan has made "significant increases" to both its iPhone and iPad projections for the first quarter of calendar 2012 after research indicated "major upside potential" to Apple's sales numbers.
The launch of the new iPad shows sales of Apple's tablet are ramping at an accelerated rate of 156 percent year over year, putting them in a position to become "measurably larger" than the PC market as a whole.
Shortly after Apple unveiled the new iPad, Wall Street analysts weighed in with their opinions of the device. Most are predicting that it will help "cement" Apple's market dominance.
Availability of Apple shares could become an issue, boosting the company's price-to-earnings multiple later this year, if the company does decide to pay out a dividend to investors.
J.P. Morgan bumped up its projections for shipments of Apple's iPhone in the December quarter to 28 million units, revising its revenue estimates for the company accordingly to $38.69 billion.
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.
Investment bank J.P. Morgan raised its estimates for tablet shipments in 2011 to 51.9 million units, citing the strength of Apple's iPad, while slightly lowering 2012 estimates because a "formidable number two tablet maker" has yet to arrive.
Responding to the news that Steve Jobs is stepping down as Apple CEO, Wall Street analysts affirmed the company's position, predicting a relatively uneventful transition for the company and calling Tim Cook "the ideal candidate" for the role.
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."
J.P. Morgan analyst Mark Moskowitz told investors Tuesday that shares of Apple stock remain a strong buy with "plenty of gas in the tank" for upward movement, in spite of recent volatility.
Apple is poised to realize a $3.0 billion opportunity with its line of MacBook Air computers as "break-out" growth of the portables continues, according to one analyst.
More than five months after the new thin-and-light MacBook Air was unveiled, sturdy adoption rates for the notebook have continued, positioning it as a meaningful growth driver for Apple raking in a projected $2.2 billion a year.
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.
Apple's capacity to maintain (and even raise) the average selling price of its personal computer systems in a market rife with yearly declines is just one of the reasons analysts at JMP Securities remain bullish the company's shares.
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Mike Wuerthele
Neil Hughes
Josh Ong
AppleInsider Staff
Slash Lane
