With Apple introducing its iPad tablet on Wednesday at entry-level pricing much lower than anticipated, one prominent research and investment firm was quick to increase its first year unit sales estimates by as much as two-fold, while predicting that 2011 will see the device break out even further.

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Apple beat most Wall Street analysts' expectations Monday when it reported its most profitable quarter ever, but the impending product announcement scheduled for Wednesday is what everyone is really waiting for.

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A strong holiday quarter, higher than expected Mac sales, and hype leading up to Apple's expected tablet unveiling next week are all expected to drive the company's stock to new heights, one Wall Street analyst said Monday.

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In the face of new competitors like Google's Nexus One, Apple's iPhone still has the advantage with more than 100,000 applications and 3 billion downloads from its App Store.

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Apple is projected to sell 36 million iPhones worldwide in 2010, but Piper Jaffray concedes that total is likely conservative for international sales, and doesn't include the possibility of expansion to other carriers in the U.S.

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Apple's recently concluded December quarter is expected to produce blockbuster results for the company, and that momentum is forecast to carry into early 2010 with a favorable landscape.

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While some investors have expressed concern that Apple cannot continue its level of innovation attained thus far with the iPhone, one analyst believes the Verizon network will be the "next big feature" for Apple's handset.

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Though AAPL stock has dropped 8 percent in the last 10 trading days, it's no cause for concern over the Mac maker's shares, one Wall Street analyst has said.

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Checks with Apple stores last week suggest that in-store 2009 Black Friday Mac sales could see a year-over-year decrease, though online sales will likely compensate for losses, according to a new report. [Updated]

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Whether Apple's tablet launches in early or late 2010 is irrelevant, but a sale price of more than $700 could significantly reduce its potential sales, a new report has predicted.

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Sales figures for the month of October show that Apple is on track to meet Wall Street expectations for its first financial quarter, which includes the busy holiday season.

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With only 5,000 new iPhone customers signed up at launch, Apple's official debut in China has been viewed as a disappointment. But one Wall Street analyst still believes the handset will still sell 36 million globally in 2010.

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While sales of portable machines saw tremendous growth during Apple's last financial quarter, desktop sales lagged behind. But the release of new iMacs this week is predicted to change that in a big way.

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Wall Street analysts have raised their price targets for Apple stock yet again, after the company posted another recession defying blockbuster quarter with record Mac and iPhone sales.

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Apple is due to report its quarterly earnings on Monday, and the Mac maker is predicted to exceed Wall Street expectations with blockbuster Mac sales, according to two research notes released Thursday.

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A majority of teens own an iPod, many use iTunes, and more than one in five intend to purchase an iPhone in the next six months, a new survey has found.

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While Apple has until December of 2010 to implement new rules for reporting its earnings, a report predicts that Apple will adopt the changes by its next financial quarter.

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Based on new sales figures from NPD Market Research, Apple is expected to slightly exceed Wall Street's consensus on Mac sales for the September quarter.

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Apple's public accounting records could receive a significant boost, particularly in terms of iPhone profits, if a proposed rule change comes to pass.

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Apple this weekend discontinued the 40GB Apple TV and discounted the higher capacity model of its living room media player to $229.

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