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RBC

Latest News

Cryptocurrency should be Apple's future financial gambit, analyst says

RBC Capital Markets believes that Apple starting a cryptocurrency exchange funded through buying Bitcoin could be a smarter move than producing an "Apple Car."

Mike Peterson 5 years ago 58

Wall Street raises targets as Apple wows with iPhone 8 launch quarter, hype grows for iPhone X

With a better-than-expected iPhone 8 launch quarter, and a highly anticipated debut for the flagship iPhone X, investors on Wall Street are riding high on Apple stock, pushing shares into uncharted territory as analysts increase their forecasts to trillion-dollar market cap levels.

Neil Hughes 8 years ago 25

US tax reform, if it passes, predicted to drive Apple toward $1 trillion market cap

While details on President Trump's proposed tax reform plan remain light, investors are hoping changes could allow Apple to bring some of its overseas cash back to U.S. shores, helping to push the company's stock price to new heights.

Neil Hughes 8 years ago 55
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Apple's bitter dispute with Qualcomm not expected to be resolved anytime soon

Stock analysts are starting to chime in on the Apple and Qualcomm fight, with the fight will take at least another year with little impact on Apple's bottom line.

Mike Wuerthele 8 years ago 27

Wall Street dismisses Apple's March quarter as minor speed bump, price targets raised at UBS & Cowen

Apple's second fiscal quarter of 2017 was largely a mixed bag, in the eyes of investors, who saw some positives but were also disappointed by some results. Analysts reacting to the quarterly results were largely indifferent on the short term, remaining focused on growth of the company's Services business and an anticipated "iPhone 8" super-cycle.

Neil Hughes 9 years ago 13

Wall Street expects Apple's revenue to grow to $52.9B in March quarter

Apple's recently-concluded March quarter could see revenue once again increase year over year, investors on Wall Street believe, on continued strength of the flagship iPhone 7 lineup.

Neil Hughes 9 years ago 7

Earnings preview: Wall Street expects record $77.4B revenue in Apple's best quarter in history

After a period of declining sales, Apple is expected to have returned to growth in the holiday 2016 shopping season, riding high on the popularity of the new iPhone 7 series.

Neil Hughes 9 years ago 25

Wall Street positive on Apple's Q4 earnings, bullish on iPhone 7 holiday sales

Though immediate investor reaction saw share prices drop following the results of Apple's September quarter, analysts on Wall Street are thinking longer term and remain bullish about AAPL stock.

Neil Hughes 9 years ago 30

Appealing upsell of iPhone 7 Plus predicted to help Apple's average selling price exceed expectations

While most on Wall Street expect the average selling price of the iPhone will drop this holiday season, RBC Capital Markets believes the greater capabilities of the iPhone 7 Plus could have a counter effect, resulting in stronger-than-anticipated earnings per share for Apple.

Neil Hughes 9 years ago 18

Supply chain suggests Apple to see better-than-expected holiday season, analyst says

A positive earnings pre-announcement from Apple supplier Dialog Semiconductor on Wednesday leads RBC Capital Markets analyst Amit Daryanani to believe iPhone sales are set to outperform Wall Street expectations in the December quarter.

AppleInsider Staff 9 years ago 29

With $231B in cash, Apple's $14.5B EU tax hit doesn't concern Wall Street

While a $14.5 billion payment of back taxes could bankrupt many major corporations, it's pocket change for a company as cash flush as Apple. As a result, analysts surveyed by AppleInsider on Tuesday said they aren't concerned about the European Commission's decision, regardless of how an appeal ultimately plays out.

Neil Hughes 9 years ago 66

Apple's 'iPhone 7 Plus' predicted to face supply constraints due to new dual-lens camera

By introducing an entirely new dual-lens camera system in the larger 5.5-inch variant of this year's iPhone upgrade, Apple could struggle with demand for the so-called "iPhone 7 Plus" at launch this fall, one analyst believes.

Matt Milano 9 years ago 38

Wall Street breathes a sigh of relief after Apple's better-than-feared June quarter

Apple's June quarter earnings came in slightly higher than expected this week, propelling shares higher by more than 6 percent back over the $100 threshold. Analysts were generally pleased by Apple's results — here's a roundup of their responses, as collected by AppleInsider.

Neil Hughes 9 years ago 11

Wall Street expects Apple shipped 40M iPhones in June quarter, down from 47.5M a year ago

As investors await this fall's anticipated "iPhone 7" launch, sales for the current-flagship iPhone 6s series are expected to continue to lag behind last year, with Wall Street estimates pegged at about 40 million units for the just-concluded June quarter.

Neil Hughes 9 years ago 6

Beijing patent ruling unlikely to hurt Apple in China, RBC & Piper Jaffray say

A new patent decision accusing Apple of copying the design of a Chinese-made smartphone will not have a negative effect on Apple's revenue or margins in China, two major investment firms said on Friday.

Neil Hughes 9 years ago 14

Siri enhancements and third-party SDK predicted to take center stage at WWDC 2016

The most likely main focus for this year's Worldwide Developers Conference will be major improvements to Siri, one analyst believes, led by expansion to the Mac and the introduction of new developer tools that will allow third-party apps to access the virtual assistant.

Neil Hughes 10 years ago 4

Strong iPhone SE launch suggests 15M incremental 2016 sales for Apple, RBC says

Since it launched just over a week ago, the iPhone SE has seen demand outstrip supply, indicating to one investment firm that the new budget-priced 4-inch handset could offer some upside to shareholders.

Neil Hughes 10 years ago 37

'iPhone SE' predicted to be a hit with Apple upgraders, selling up to 15M per year

While larger iPhones have driven sales among switchers, a new 4-inch iPhone is likely to drive upgrades among existing Apple users, to the tune of up to 15 million units per year, one analyst believes.

Neil Hughes 10 years ago 28
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