Strong iPhone SE launch suggests 15M incremental 2016 sales for Apple, RBC says

Since it launched just over a week ago, the iPhone SE has seen demand outstrip supply, indicating to one investment firm that the new budget-priced 4-inch handset could offer some upside to shareholders.

Neil Hughes 10 years ago 37

'iPhone SE' predicted to be a hit with Apple upgraders, selling up to 15M per year

While larger iPhones have driven sales among switchers, a new 4-inch iPhone is likely to drive upgrades among existing Apple users, to the tune of up to 15 million units per year, one analyst believes.

Neil Hughes 10 years ago 28

New 4-inch iPhone expected to add $5.5 billion in sales for Apple

Outlook from Apple's supply chain has prompted investment firm RBC Capital Markets to forecast that the anticipated new 4-inch iPhone will net 10 million additional handset sales this year.

Neil Hughes 10 years ago 54

RBC cuts Apple target to $130, expects iPhone sales 'noise' to last through March quarter

RBC Capital Markets on Thursday became the latest investment firm to cut its estimates for Apple, joining the chorus of concerns that Apple could post its first-ever year over year decline in iPhone sales.

Neil Hughes 10 years ago 12

RBC cuts Apple price target to $140, cites concerns over supply chain data

Investment firm RBC Capital Markets slashed its price target for Apple stock to $140 this week, saying data from the company's extensive supply chain suggests iPhone sales could shrink in 2016.

Neil Hughes 10 years ago 54

iPad Pro predicted to drive $2.4B in near-term revenue for Apple

Apple's newly launched high-end iPad Pro is expected to make a big splash for the company, with one analyst forecasting the 12.9-inch tablet to be a $2.4 billion revenue opportunity in its first three months alone.

Neil Hughes 10 years ago 30

iPhone Upgrade Program expected to boost Apple's margins, force carriers to more aggressive pricing

The new official iPhone financing plan is seen by investment firm RBC Capital Markets as a benefit not only to Apple, but also to its customers, both of whom should gain leverage over wireless carriers.

Neil Hughes 10 years ago 44

RBC reiterates $150 target for Apple stock, sees 'iPhone 6s' event boosting shares

Apple's Sept. 9 event, where it is expected to introduce a new iPhone and Apple TV, will likely be a catalyst for shares of the company, RBC Capital Markets told investors on Friday, while reiterating its $150 price target.

Neil Hughes 10 years ago 22

RBC reiterates $150 target for Apple stock, expects huge 'iPhone 6s' launch

Amid continued losses for Apple stock, investment firm RBC Capital Markets has remained steadfast with its $150 price target, once again on Tuesday advising investors to buy in ahead of the anticipated "iPhone 6s" product launch.

Neil Hughes 10 years ago 47

Market watchers see buying opportunity as Apple shares slide after June quarter miss

Lofty expectations were beyond the reach of Apple last quarter, sending shares tumbling more than 7 percent. But a number of bullish analysts see the stock pullback as a buying opportunity for investors, who can get in at a cheaper price before the launch of new iPhones.

Neil Hughes 10 years ago 61

Buyers opting for higher capacity iPhones, likely boosting Apple profits, RBC survey finds

RBC Capital Markets has raised its Apple revenue forecasts for 2015 and 2016, arguing that iPhone demand could beat expectations for some time into the future, and that people are skewing towards buying more expensive, higher capacity iPhone models.

Roger Fingas 10 years ago 38

Estimates raised on Wall Street as Apple impresses investors again with another record quarter

The iPhone continues to drive growth at Apple, once again propelling the company to a record quarter that has left analysts on Wall Street confident the company's stock will continue to go higher.

Neil Hughes 11 years ago 50

Strong preorder demand for Apple Watch could signal 5M sales in June quarter, RBC says

With some new Apple Watch orders scheduled to ship as late as July, Apple already has another smash-hit product in its lineup, RBC Capital Markets believes.

Neil Hughes 11 years ago 76

Predicting better-than-expected margins, RBC ups Apple price target to $142

Gross margins for Apple's March quarter could surprise to the upside, according to investment firm RBC Capital Markets, which raised its price target on the iPhone maker to $142 on Tuesday.

Neil Hughes 11 years ago 5

RBC says Apple could fund $65B+ annual capital return program, raises target to $140

Apple is set to announce an update to its capital return program in April, and investment firm RBC Capital Markets believes the company could return some $65 billion to investors annually, creating yet another reason to buy into the company's stock.

Neil Hughes 11 years ago 15

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