Steve Jobs changed the world with his ideas, and those same principles make up the backbone of Apple, which is why Wall Street watchers believe the company will continue to innovate and succeed even after the passing of its iconic co-founder.
Apple's "let's talk" invitation to next week's next-generation iPhone unveiling could hint at new voice recognition technology built in to iOS 5, investment firm Piper Jaffray believes, though it does not expect a low-end, contract-free "iPhone 4S" to be unveiled alongside a fifth-generation model.
A second report on Monday also cited sources in Apple's supply chain as saying that the company has apparently reduced orders for the iPad 2. But those claims from the Far East have not created concern for one Wall Street analyst, who believes demand for the iPad 2 remains while production may simply have been moved elsewhere.
Investment firm Piper Jaffray on Wednesday released their calendar year 2013 estimates for Apple, forecasting $164 billion in revenue with earnings per share of $40.50 on sales of well over 200 million iOS devices.
Responding to the news that Steve Jobs is stepping down as Apple CEO, Wall Street analysts affirmed the company's position, predicting a relatively uneventful transition for the company and calling Tim Cook "the ideal candidate" for the role.
Having recently hit the 15 billion download milestone, a new analysis has found that downloads from Apple's iOS App Store will increase 61 percent in calendar year 2011, while the average selling price of software will be up 14 percent.
Apple's newly unveiled iCloud service, which will make it easier to share content among multiple devices, is seen by one prominent analyst as even more evidence that the company is planning to release a high-definition television set as soon as late 2012.
With Apple's retail operations continuing to expand and new features and improvements constantly being rolled out, the company revealed it is already working to find a replacement for the departure of Ron Johnson.
Through the first two months of Apple's third quarter of fiscal 2011, U.S. Mac sales are up 15 percent year-over-year, but that number is expected to rise in June when Apple faces a more favorable 2010 comparison.
A new survey of attendees at Apple's annual Worldwide Developers Conference found that nearly half of iOS developers attending the conference support Android, while just 7 percent write applications for the Mac.