Investors advised to own Apple stock ahead of June quarter earnings
With Apple's quarterly earnings report just over a week away, one prominent analyst is recommending that investors buy in before the stock rockets to $910.
With Apple's quarterly earnings report just over a week away, one prominent analyst is recommending that investors buy in before the stock rockets to $910.
While the convenience of Apple's Siri comes with searching by voice, a new test has found that Apple's personal assistant is not yet a reliable enough search engine to entirely replace text input with Google.
Apple's 2012 Worldwide Developers Conference Keynote was met positively by analyst on Wall Street, who expect this year's iOS 6 upgrade to further establish the iPhone as the leading device in the smartphone market.
Recent information from component suppliers and comments from Apple CEO Tim Cook have further increased one analyst's confidence that Apple will unveil a television set late this year and launch it in the first half of 2013.
While sales of the iPad are replacing Mac purchases for some customers, one new analysis concludes that's a good thing, as growth and market share opportunities for tablets provide more potential for Apple.
Investment bank Piper Jaffray issued a note on Friday highlighting 10 key points, which range from anticipated future products to China iPhone growth, that it believes will drive shares of Apple up to $1,000 in the next couple of years.
A new report from investment bank PiperJaffray claims 28nm chip shortages at Qualcomm are unlikely to keep Apple from releasing a next-generation iPhone with a "completely redesigned body style" in October.
Apple's reach will grow to new, untapped markets within the U.S. over the next two years with store-within-a-store retail outlets set to expand at Target and Walmart.
After Apple announced record March quarter earnings of $11.6 billion, Wall Street watchers responded enthusiastically, with one analyst calling it proof of the beginning of an "international growth story" for the company.
Even if Apple did want to launch its sixth-generation iPhone before October of this year, supply issues with Qualcomm LTE chips would still cause the next iPhone to launch a full year after the iPhone 4S.
The latest U.S. sales data from NPD suggests Apple's Mac sales were up 5 percent year over year during the March quarter, a number lower than some have expected.
With Apple to report its earnings in just a week and a half, the company is projected to reveal sales of 33 million iPhones and 12 million iPads to kick off calendar 2012.
Shares of Apple have been projected to reach $1,000 in calendar year 2014, which would give the company a market capitalization of about a trillion dollars, making it the first company to ever reach that milestone.
The launch of the new iPad shows sales of Apple's tablet are ramping at an accelerated rate of 156 percent year over year, putting them in a position to become "measurably larger" than the PC market as a whole.
With a higher-than-expected 1.8 percent yield, Apple's new $2.65 quarterly dividend is expected to expand its shareholder base to investors who previously passed on the stock because it did not pay out a dividend.
Lines for the new iPad in New York City were declared "better than expected" on Friday, considering Apple began accepting preorders online more than a week ago.
Record sales of 60 million iPads and 134 million iPhones in calendar 2012 will help push Apple's stock price up to $718, a new forecast predicts.
This Friday's iPad launch will be another blockbuster for Apple, with one new analysis projecting that the company will sell at least one million on the first day alone.
Shortly after Apple unveiled the new iPad, Wall Street analysts weighed in with their opinions of the device. Most are predicting that it will help "cement" Apple's market dominance.
Apple has contacted at least one major Asian supplier about purchasing television display components, checks by one analyst have revealed.
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