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.
The data in Apple's recently released 10-Q filing reveals the company has invested heavily in manufacturing and component purchases as it gears up for a series of highly anticipated major product launches this fall, including a next-generation iPhone and anticipated "iWatch."
Strong customer loyalty for Apple's iPhone is predicted by Morgan Stanley to drive a so-called "halo effect" for sales of the company's rumored "iWatch," prompting the investment firm on Monday to increase its price target for AAPL stock to $110.
Continued strong demand for Apple's iPhone has the hot selling handset on pace to set yet another record in the current June quarter, the latest data from Morgan Stanley's AlphaWise survey has found.
Though shares of Apple have been trending upward lately, institutional investors — including hedge funds, banks, mutual funds and other powerful types of financial institutions — have not yet bought in, suggesting that when they do, AAPL stock could move much higher.
Suppliers in the Far East gearing up for Apple's "iPhone 6" are reportedly anticipating 20 percent growth from last year's iPhone 5s launch, setting the stage for the biggest iPhone debut yet.
Apple might add as much as 30 percent to its U.S. iPhone sales if the company were to release an updated model with a larger 5-inch display, new survey data released Wednesday indicates.
A strong recommendation for Apple stock was pushed by investment firm Morgan Stanley on Thursday, which said now is the right time to invest due to low institutional ownership, resilient iPhone sales, and anticipated upcoming product launches.
Demand for Apple's iPhone has been higher than expected in the first quarter of calendar 2014, thanks in part to new smartphone promotions by U.S. wireless carriers, new tracking data reveals.
Institutional ownership of large-cap stocks is currently at high levels, but there is one glaring exception to that trend: Apple, which is currently at a five-year low among hedge funds, banks, mutual funds, and other powerful types of financial institutions.
While research firms Gartner and IDC have very different projections on how Apple's Mac lineup performed in the holiday quarter, both sides can agree on one thing: PC shipments continued to shrink over the holidays, as consumers once again opted for tablets over traditional computers.
A survey of consumers in China has found that an anticipated deal to sell the iPhone with carrier China Mobile could incrementally boost Apple's handset sales in calendar 2014 by at least 12 million units, though there is potential for much more.
Apple's decision to split the iPhone lineup into a high-end flagship model and a more affordable mid-range offering sets the stage for the company to increase the frequency with which it updates the handsets, one analyst increasingly believes after meeting with the company's chief executive, Tim Cook.
Apple beat Wall Street expectations and left analysts satisfied with its September quarter, though market watchers are already more focused on anticipated blockbuster sales of new iPhone and iPad models in the current holiday quarter.
If Apple could have met iPhone 5s demand in the recently concluded September quarter, the company could have sold as many as 37 million units, new data from Morgan Stanley has revealed.
Projected iPhone sales for the current September quarter continue to edge upward, with the latest survey data suggesting Apple could sell more than 34 million handsets in the soon-to-conclude period.
Demand for Apple's upcoming iPhone 5s and iPhone 5c is healthy, a new survey has found, suggesting that investor concerns over device preorders may be unfounded.
A new survey of smartphone buyers in China has found that the pricing "sweet spot" for Apple's rumored "iPhone 5C" is $486 — a price higher than the analyst responsible for the poll expected.
Potential upside in Apple's recently concluded June quarter could be driven by greater-than-expected iPhone shipments, with one analyst predicting that the company beat projections and shipped at least 29 million iPhones.
Apple's current account base of 500 million users is growing and spending at a tremendous rate, suggesting to one analyst that new services such as mobile payments or streaming radio could be key to the company's future growth.
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Neil Hughes
AppleInsider Staff
Shane Cole
