Investment firm Piper Jaffray continues to believe that Apple's services business is vastly undervalued by Wall Street, as the company reiterated this week that services should be a larger focus for investors.
Apple's mobile product lines continue to perform well with the all important U.S. teen demographic, as a new spring 2016 survey put Apple Watch far ahead in the nascent smartwatch game, while iPhone exhibited expectedly consistent growth.
Investment firm Piper Jaffray continues to believe that virtual reality and augmented reality will play a huge part in Apple's future, but the transition toward such technology will be gradual, likely leveraging the popularity of the iPhone in the shorter term.
Analysts on Wall Street expect the new 4-inch "iPhone SE" may be priced at $450, taking the place of the entry-level iPhone 5s. But if Apple were to keep the iPhone 5s around at a cheaper price, it could allow the company to tap into new markets.
Apple will revisit its capital return program in April, and investment firm Piper Jaffray believes the company will use the opportunity to increase both its quarterly dividend payout and share buyback allotment.
New data from Citizen's Financial Group suggests Apple's loan partner has financed some 250,000 iPhones through the newly launched iPhone Upgrade Program, according to calculations from investment firm Piper Jaffray.
Fresh data from investment firm Piper Jaffray shows Apple Pay adoption hovering between 10 and 20 percent, but analyst Gene Munster expects numbers to rise in 2016 as Apple integrates attractive new features like peer-to-peer payments and in-browser integration.
Apple investors showed concern this week after iPhone supplier Dialog Semiconductor warned revenue will fall short of expectations, but Piper Jaffray took the opportunity to remind Wall Street that it's unwise to read into supplier data.
A new survey of U.S. smartphone users has revealed that 20 percent of consumers prefer a smaller handset in the 4-inch range, potentially signaling the market size for a refreshed entry-level iPhone from Apple.
Concerns that the iPhone 6s upgrade cycle could post first-ever year over year sales declines were alleviated this week, when Apple indicated it expects iPhone sales will grow yet again this holiday quarter. Analysts on Wall Street reacted to the news positively, advising investors to buy in.
Heading into the fall shopping season, Apple stock is investment firm Piper Jaffray's top large-cap pick for the rest of the year and into 2016, citing continued growth for the company's iPhone lineup led by the new 6s series.
Apple's newly launched iPhone Upgrade Program will drive handset owners to upgrade their devices even faster than before, adding to the company's bottom line over the next four-plus years and pushing its stock higher, investment firm Piper Jaffray believes.
With more than 13 million units sold in the first three days of availability, the iPhone 6s and iPhone 6s Plus exceeded most market expectations, and analysts responded on Monday by reacting favorably to the announcement from Apple.
Investment firm Piper Jaffray doesn't expect a mythical "Apple Car" to be on the roads anytime soon, but the firm did advise its clients this week that the rumored project will affect shares of AAPL as investor expectations adjust.
The shift of U.S. carriers from contract subsidies to installment pricing for smartphones could speed up upgrade cycles for Apple's iPhone, according to a new memo by financial services firm Piper Jaffray.
Lofty expectations were beyond the reach of Apple last quarter, sending shares tumbling more than 7 percent. But a number of bullish analysts see the stock pullback as a buying opportunity for investors, who can get in at a cheaper price before the launch of new iPhones.