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Citigroup

Latest News

Citigroup bailed on Apple Card because of worries about profits

Citigroup was in the running to become the U.S. financial partner for the Apple Card, but abandoned the effort late into negotiations because of worries about "acceptable profit," a report claimed on Tuesday.

Roger Fingas 7 years ago 35

Apple Q3 likely to disappoint in wake of Brexit, slower iPhone upgrade cycles, analyst says

Apple's stock price is down over 1 percent in Tuesday trading in the wake of a Citigroup investor memo, calling for the company's sales to slide below Wall Street predictions when it announces third-quarter results on July 26.

Roger Fingas 9 years ago 33

Apple iPad widely expected to lead tablet disruption of PCs in 2011

Reports from a variety of analysts predict a huge swell in tablet computer sales next year ranging from 35 to 100 million units in total, with Apple's iPad accounting for the largest number sold by far.

Daniel Eran Dilger 15 years ago 120
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Wall Street again has high hopes for Apple after record quarter

Analysts are again bullish on Apple stock after the company reported a record third quarter in Tuesday's earnings report, and provided higher-than-expected guidance in some aspects of its fourth quarter.

Katie Marsal 16 years ago 10

Apple may be forced into Verizon iPhone within two years - report

Even as Apple has insisted it's content to give AT&T exclusive access to the iPhone, a closer look at Apple's own devices — and a likely dead-end in growth through its existing carrier strategy — shows that Apple may have little choice but to sell its smartphone through Verizon and other carriers by 2011 at the latest.

Katie Marsal 17 years ago 101

Citigroup says slow iPhone sales may spur early refresh

While previewing Apple's fiscal first quarter earnings due next week, investment bank Citigroup reduced its estimates on the electronics maker and said a sharp reduction in iPhone shipments could signal a refresh as early as April.

Slash Lane 17 years ago 67

Next-gen MacBook shipments begin ahead of 'sharp ramp'

The first shipments of Apple's next-generation 13-inch MacBooks have left China ahead of a large-scale manufacturing ramp scheduled for later this month, according to investment bank Citigroup.

Katie Marsal 17 years ago 287

New BlackBerry suffering same 3G connection drops as iPhone

Cellular access woes initially pinned on the iPhone 3G's particular hardware now appear likely to be thwarting the BlackBerry Bold's debut with AT&T, according to a new report .

Aidan Malley 17 years ago 67

Citigroup hikes Apple target to $287, Lehman to $234

Having digested Apple's iPhone 3G announcements from Monday, analysts at both Citigroup and Lehman Brothers have sharply raised their 12-month price targets for the electronics maker.

Slash Lane 17 years ago 29

Citigroup, RBC raise Apple estimates ahead of earnings call

Investment banks Citigroup and RBC Capital Markets have both raised their outlook for Apple's second fiscal quarter, saying they expect the company to announce Wednesday revenues of more than $7 billion on sales of over 2 million Mac systems.

Slash Lane 18 years ago 27

Citigroup: checks point to 3G iPhone within four months

Following overseas meetings with members of the Taiwanese PC and consumer electronics supply chain, analysts for investment bank Citigroup said they have high convictions that Apple intends to roll out a 3G iPhone during the second quarter of the year.

Katie Marsal 18 years ago 206

Apple shares rise on Citi recommendation

Shares of Apple Inc. received a slight boost Monday morning after investment bank Citigroup added the company to its "Top Picks Live" list and reiterated a Buy rating on the badly beaten stock.

Katie Marsal 18 years ago 40
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