Current tablet sales growth being driven by sub-$250 devices, IDC says

The average selling price of tablets continues to drop, according to the latest research from IDC, as sales growth in the tablet market is reportedly being driven by low-end, low-cost devices, just as Apple has entered the sub-$250 market with the first-generation iPad mini.

Neil Hughes 11 years ago 105

Even before launch, Apple Pay the 'player to beat' in mobile payments, Morgan Stanley says

Though Apple Pay isn't even available to consumers yet, investment firm Morgan Stanley expects that Apple's mobile wallet service will become the industry standard and help drive wider adoption of NFC-based payment systems.

Neil Hughes 11 years ago 66

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

Apple spending on manufacturing & parts sees biggest increase since 2007 launch of first iPhone

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."

Neil Hughes 11 years ago 34

Morgan Stanley ups Apple price target to $110, sees sales of up to 60M 'iWatch' units in first year

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.

Neil Hughes 11 years ago 16

Apple on pace to sell record 39M iPhones in June quarter, survey finds

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.

Neil Hughes 12 years ago 54

Low institutional ownership of Apple shares continues, despite stock's recent highs

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.

Neil Hughes 12 years ago 19

Morgan Stanley predicts Apple will incorporate NFC into future iPhone for mobile payments

While prognosticators have given failed forecasts for years predicting Apple will add near-field communications technology to the iPhone for touch-less mobile payments, investment firm Morgan Stanley offered the same prediction on Tuesday, suggesting that NFC will be a key part of the company's so-called "iWallet."

Neil Hughes 12 years ago 65

Apple suppliers expect 'iPhone 6' sales to be 20% greater than iPhone 5s

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.

Neil Hughes 12 years ago 60

Survey suggests Apple could sell 15M more iPhones in US with larger 5" display option

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.

AppleInsider Staff 12 years ago 68

Wall Street impressed by Apple's surprise second quarter, analysts see stock headed to new highs

Apple's second-quarter earnings report was packed with surprises that delighted investors on Wall Street, prompting some analysts to respond by raising their price targets for the iPhone maker's stock.

Neil Hughes 12 years ago 105

Rumor: Apple taps Catcher for metal casings on next-gen 'iPhone 6'

A pair of investment firms believe casing supplier Catcher has secured a sizable chunk of Apple's anticipated "iPhone 6" metal casing orders, as the company lines up suppliers for a handset launch later this year.

Neil Hughes 12 years ago 137

'Now is the time to invest' in Apple ahead of new product launches, Morgan Stanley says

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.

Neil Hughes 12 years ago 36

US carrier promotions help drive higher demand for Apple's iPhone, strong March quarter expected

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.

Neil Hughes 12 years ago 17

Institutional ownership of Apple stock reaches new 5-year low

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.

Neil Hughes 12 years ago 95

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