Evercore raises Apple price target to $125, sees bigger iPhones leading to bigger sales

Bigger iPhone 6 screens are likely to result in a bigger upgrade cycle for Apple, in the eyes of Evercore Partners, which increased its price target to $125 on Tuesday and advised investors to buy in.

Neil Hughes 11 years ago 31

European Commission seeking retroactive tax windfall from Apple Inc subsidiary in Ireland

The European Commission is expected to release a report this week alleging that Ireland provided illegal "state aid" to Apple when it set tax rates for the company in 1991 and 2007, part of a series of investigations it hopes to use to retroactively tax corporations operating from countries with tax incentives.

Daniel Eran Dilger 11 years ago 159

BMO sees Apple selling 189M iPhones & 12M Watches in fiscal 2015, raises target to $110

With high hopes for the newly released iPhone 6, BMO Capital Markets has increased its price target for Apple stock to $110 with a recommendation that investors buy in ahead of a big 2015.

Neil Hughes 11 years ago 41

Blockbuster start for iPhone 6 suggests Apple on track to sell 60M phones in December quarter

With 4 million iPhone 6 and iPhone 6 Plus units presold in their first 24 hours of availability, investors on Wall Street are increasingly optimistic about the success of Apple's next-generation handsets, with predictions for the upcoming holiday edging higher to 60 million sales in a single quarter.

Neil Hughes 11 years ago 43

iPhone 6 & Apple Watch reveals lived up to the hype for Wall Street, investors have high hopes for Apple Pay

With the redesigned iPhone 6 expected to set new sales records this holiday season, the impending launch of the Apple Pay mobile wallet service expected to catch on with consumers, and next year's debut of the Apple Watch, analysts on Wall Street were largely satisfied with Apple's announcements this week.

Neil Hughes 11 years ago 106

Samsung's 'rushed,' 'half-baked' announcements set Apple up for easy victory this fall, analyst says

Samsung this week made a slew of announcements, most notably its next-generation big-screen Galaxy Note 4 smartphone, but none of the products were enough to impress analyst Brian White, who doesn't think the South Korean electronics maker is well positioned to compete with Apple's anticipated fall product lineup.

Neil Hughes 11 years ago 96

Apple's 'fab fall' predicted to help drive company's stock price to $123 per share

Ahead of Apple's Sept. 9 event, where it is expected to unveil two new iPhones and offer a sneak-peek at a new wearable device, financial firm Cantor Fitzgerald has given a strong endorsement to investors, saying the next few months could prove to be Apple's most exciting period in many years.

Neil Hughes 11 years ago 20

Piper Jaffray ups Apple price target to $120 with high hopes for iOS 8 home & health features

With the inclusion of HomeKit and HealthKit in Apple's forthcoming iOS 8, as well as rumors of a new 'iPhone 6' mobile payment system, investment firm Piper Jaffray has increased its price target on the company's stock to $120.

Neil Hughes 11 years ago 29

Shares of Apple end week at all-time high with 'iPhone 6' & 'iWatch' hype at fever pitch

Apple stock reached an all-time high in trading on Friday, and also finished the day at its highest-ever closing price, as investors and customers alike are clamoring to see what the secretive company has up its sleeve for a Sept. 9 media event.

Neil Hughes 11 years ago 58

As overall retail revenue declines, Apple Stores carry on original goal of growing Mac hardware sales

Though revenues from Apple Stores have actually been shrinking in recent quarters, the company's brick-and-mortar operations have continued to play a pivotal role in courting Windows switchers and driving sales of Mac hardware to new heights.

Neil Hughes 11 years ago 18

Shares of Apple reach highest-ever closing price as 'iPhone 6' & 'iWatch' hype builds

After meeting some resistance at the $100 mark, shares of Apple stayed in three-digit territory and closed above their previous all-time high in Tuesday afternoon trading, setting a new record for the company's stock.

Neil Hughes 11 years ago 55

Shares of Apple hit $100 as Morgan Stanley provides strong endorsement to investors

Apple is on the verge of a major new iPhone product cycle, but this one will be unlike any other launch before it, making it an ideal time for investors to buy in to the company's stock, Morgan Stanley said on Tuesday, helping shares to touch $100 in mid-day trading.

Neil Hughes 11 years ago 62

Apple's gross margins likely to decline this fall with new product designs, but quick rebound expected

It's expected that Apple will see its gross margins shrink at the end of 2014 as the company is expected to introduce a completely redesigned "iPhone 6," though one analyst sees margins trending upwards once again by the March 2015 quarter.

Neil Hughes 11 years ago 30

Shares of Apple, Inc. near ex-dividend as it gears up to distribute $2.9 billion to shareholders

On August 14, Apple will pay shareholders of record a quarterly dividend of $0.47 per share, but investors will need to have purchased the company's stock by the market's close next Monday, August 11 in order to qualify.

Daniel Eran Dilger 11 years ago 21

UBS praises Apple CEO Tim Cook for thinking 'big,' pushing for iOS to become ubiquitous

Investment firm UBS heaped praise upon Apple on Wednesday, advising Wall Street to buy in on the strength of Chief Executive Tim Cook and his strategy to push the iOS platform "everywhere."

Neil Hughes 11 years ago 35

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