Barclays downgrades rating on Apple stock due to maturing smartphone market, tells investors to 'step aside'

Shares of Apple stock slid Thursday morning after investment firm Barclays Capital lowered its rating on shares of the iPhone maker, saying it doesn't expect the stock to break out of its current trading range within the next year, and suggesting its performance could become comparable to that of rival Microsoft.

Neil Hughes 12 years ago 93

Apple encouraged to borrow against its $94B in overseas cash for greater flexibility

Apple should borrow money at low costs against its significant overseas cash position to avoid a tax hit when repatriating that cash, one analyst believes.

Neil Hughes 13 years ago 51

Apple remains 'very optimistic' about upcoming products as analysts cut targets

A number of analysts reduced their price targets for Apple on Wednesday, though one who just met with the company's executives said those officials are "very optimistic" about the product pipeline and market position.

Neil Hughes 13 years ago 89

Apple 'leaving money on the table' by not releasing big-screen iPhone

Calls for Apple to make an iPhone with a larger display around 5 inches diagonally are growing among investors, who see a big-screen iPhone as a major revenue opportunity.

Neil Hughes 13 years ago 318

Apple's Jan. 23 earnings conference call viewed as most important in 10 years

Ahead of its holiday quarterly earnings report, Apple finds itself in a situation the company hasn't encountered in awhile: investor expectations for the next year are surprisingly low.

Neil Hughes 13 years ago 99

Overseas growth driving Mac sales as US consumers hold out for new models

Apple is expected to report more than 22 percent growth in Mac shipments when it announces its quarterly earnings next week, driven by growth overseas, which will compensate for dampened sales in the U.S. in June.

Josh Ong 14 years ago 19

Apple's iPad "running far ahead" in enterprise adoption

Apple has taken a significant lead in the corporate world with the success of its iPad tablet, said one analyst, while predicting the company will sell 33.7 million iPads this year.

Josh Ong 15 years ago 107

Barclays puts $385 target on Apple, sees 150M FaceTime devices by 2012

British investment bank Barclays Capital on Tuesday raised its price target on shares of Apple by more than 10% to $385 per share, citing strength in all four of the company's core product segments and expectations it will build a network of 150 million FaceTime-enabled devices over the next two years.

Sam Oliver 15 years ago 38

Easter delivers first signs of iPod growth since start of year

Despite a slowdown in consumer spending, iPods remain one of the top go-to gifts during the holidays, with Easter reportedly driving sales to levels not seen since the start of the year.

Sam Oliver 17 years ago 22

Barclays says Apple has more than doubled iPhone production

Analysts for Barclay's Capital are reporting Monday that their contacts in the Far East tell them that Apple has doubled its iPhone production for the current quarter, suggesting the company has baked high expectations into the launch of new models that will reportedly arrive in June.

Katie Marsal 17 years ago 61

iPod shuffle sales surge 50% as iPod touch maintains top slot

Sales of Apple's most affordable iPod shot up more than 50 percent a week after the company unveiled new, more compact models that shift the push controls from the player itself to the included pair of earphones.

Sam Oliver 17 years ago 117

Apple seen with new iMacs, Chinese iPhone soon into 2009

Even as it's besieged by a weak world economy, Apple is expected to bounce back with new iMacs at the start of 2009 and to launch the iPhone in China soon afterwards.

Katie Marsal 17 years ago 34

iPhone 3G finally reaching supply and demand balance

After more than six weeks of almost constant iPhone 3G shortages, Apple is finally known to be getting a grip on its retail supply and has virtually every model in stock everywhere.

Katie Marsal 17 years ago 29

Retail sources say its closing time for current iPod line

Resellers both near and afar are reporting signs that Apple's current line of iPod digital music players are on their way out the door, just as one prominent Wall Street analyst restates his claim that a $199 iPod touch is likely to be among the new models that will fill the void.

Katie Marsal 17 years ago 81

Latest 'iPhone nano' rumors ill-timed

While checks within Apple's supply chain suggest the company is researching a low-end iPhone design, rumors that such a device will surface this year are overly optimistic, according to Lehman Brothers.

Katie Marsal 17 years ago 22

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