RBC raises Apple price target to $123, cites higher than expected iPhone 6 demand RBC Capital Markets on Friday advised investors to stay long on Apple stock, as the investment firm sees multiple catalysts for the company in the near future, starting with the reporting of holiday iPhone sales. Neil Hughes 11 years ago 27
RBC raises Apple price target to $120, predicts Apple Watch will earn $10B in first-year revenue RBC Capital Markets on Monday increased its price target for Apple stock to $120 per share, a number that incorporates the investment firm's expectations for the upcoming Apple Watch, predicted to sell 20 million units in its first 12 months. Neil Hughes 11 years ago 46
Carl Icahn's praise should help create a floor for shares of Apple, RBC says While billionaire Carl Icahn is unlikely to get his way with Apple, his assessment that the company's stock is massively undervalued should help establish a floor for the stock, preventing it from going below about $95, one analyst believes. Neil Hughes 11 years ago 18
RBC sees Apple selling upwards of 75M 'iPhone 6' units before end of 2014 Apple has apparently placed a massive amount of orders for its next-generation iPhone, prompting RBC Capital Markets to notify investors on Monday that they see great upside potential for the anticipated "iPhone 6" over the coming quarters. Neil Hughes 11 years ago 52
RBC ups Apple price target to $110 in anticipation of 'busy fall' for iPhone & 'iWatch' Following Apple's record earnings report this week, investment firm RBC Capital Markets raised its price target to $110, recommending that investors buy ahead of what is expected to be a "busy fall" for the iPhone maker. Neil Hughes 11 years ago 13
Wall Street on Apple's 'uneventful' June quarter: Excited by margins, concerned about guidance Though Apple's June quarter results were slightly below Wall Street expectations, investors expressed greater concern over the company's guidance for the current September quarter, but they were also pleased by improving gross margins, chalking up the results as a mixed bag. Neil Hughes 11 years ago 88
RBC ups Apple price target to $100, sees 'iPhone 6' & new product categories driving growth Following this week's stock split, RBC Capital Markets sees shares of Apple reaching near-record highs in the second half of 2014, based on the strength of the expected "iPhone 6," as well as hotly anticipated new product categories from the company. Neil Hughes 11 years ago 16
Wall Street expects Apple's WWDC announcements will leverage strength of connected platforms against Google With Apple's annual Worldwide Developers Conference highlighting tight integration between the upcoming OS X Yosemite and iOS 8 platforms, market watchers on Wall Street saw the announcements as a direct shot at Google's competing Android platform. Neil Hughes 12 years ago 48
RBC again raises price target on Apple stock to $645 on strength of share buybacks With shares of Apple stock continuing to gain value, RBC Capital Markets has been prompted to raise its price target on the iPhone maker for the second time in as many weeks. Neil Hughes 12 years ago 16
Imminent iPhone launch on China Mobile could add $10B per year in revenue for Apple With evidence growing that the iPhone could launch on the world's largest carrier, China Mobile, on Dec. 18, analysts expect big things for Apple's financial bottom line in the coming 2014 calendar year. Neil Hughes 12 years ago 39
Retina iPad mini forecast to outsell thinner 'iPad 5' nearly 2:1, if Apple meets demand A high-resolution Retina display on the second-generation version of Apple's iPad mini is projected by investors to drive demand enough to keep it more popular than a thinner and lighter fifth-generation iPad, though there are concerns about supply constraints leading into the holiday shopping season. Neil Hughes 12 years ago 103
RBC believes Apple Inc. could double $60B share buyback, ups price target to $525 With billionaire investor Carl Icahn pushing for Apple to initiate a larger share buyback, RBC Capital Markets believes the iPhone maker could nearly double its current $60 billion in planned expenditures while maintaining a manageable level of debt in order to boost its share price. Neil Hughes 12 years ago 35
Earnings preview: Modest expectations for Apple's June 2013 quarter As anticipation grows for Apple's next-generation iPhones and iPads, analysts aren't expecting much this afternoon, when the company will announce the results of its recently concluded June quarter. Neil Hughes 12 years ago 43
RBC cuts March estimates, sees Apple's momentum returning in the second half of 2013 RBC Capital Markets on Friday cut its estimates for Apple's just-concluded March quarter, citing apparent weakened demand, but the firm also believes that the iPhone maker could pick up steam in the second half of the year. Neil Hughes 13 years ago 17
Rumor: Apple to launch cheaper iPhone with plastic casing, non-Retina display this summer Yet another analyst has thrown their hat into the ring, joining others who have heard from sources in Apple's supply chain that the company is gearing up to debut a low-cost iPhone in the coming months.. Neil Hughes 13 years ago 140
Overseas cash restricts Apple's options for reallocating capital With Apple actively exploring potential uses for its $137 billion in cash and investments, bringing all of that money back to the U.S. would be a costly move. Neil Hughes 13 years ago 99
Verizon numbers hint Apple may have shipped more than 50M iPhones last quarter The latest iPhone activation data from Verizon suggests Apple may have shipped more than 50 million iPhones during the 2012 holiday season. Neil Hughes 13 years ago 91
Apple expected to see sustained growth in 2013 while rest of industry stays 'muted' Growth in the tech sector is expected by one analyst to remain "muted" this year, leaving Apple once again as one of the best ideas for investors to consider. Neil Hughes 13 years ago 44
