In line with other analyst consensus, investment firm RBC Capital sees Apple releasing one LCD iPhone model and two with OLED screens in the 2018 fall release event, with production beginning on all three in the very near future.
Apple delivered record revenue in its holiday quarter, but went about it in a way different than investors expected, leaving analysts to rethink their so-called "super cycle" predictions for iPhone X unit sales growth. But with the average selling price of new iPhones soaring to unexpected highs, analysts remain bullish on the company's prospects in the months to come.
Apple is set to announce an update to its capital return program in April, and investment firm RBC Capital Markets believes the company could return some $65 billion to investors annually, creating yet another reason to buy into the company's stock.
While billionaire Carl Icahn is unlikely to get his way with Apple, his assessment that the company's stock is massively undervalued should help establish a floor for the stock, preventing it from going below about $95, one analyst believes.
Apple's manufacturing and component purchase commitments reached a record $15.4 billion last quarter, leading one analyst to tell investors on Monday that Apple is gearing up for a blockbuster fall with the launch of an "iPhone 6" and rumored "iWatch."
Apple has apparently placed a massive amount of orders for its next-generation iPhone, prompting RBC Capital Markets to notify investors on Monday that they see great upside potential for the anticipated "iPhone 6" over the coming quarters.
Following Apple's record earnings report this week, investment firm RBC Capital Markets raised its price target to $110, recommending that investors buy ahead of what is expected to be a "busy fall" for the iPhone maker.
Though Apple's June quarter results were slightly below Wall Street expectations, investors expressed greater concern over the company's guidance for the current September quarter, but they were also pleased by improving gross margins, chalking up the results as a mixed bag.
With Apple's annual Worldwide Developers Conference highlighting tight integration between the upcoming OS X Yosemite and iOS 8 platforms, market watchers on Wall Street saw the announcements as a direct shot at Google's competing Android platform.
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.
With evidence growing that the iPhone could launch on the world's largest carrier, China Mobile, on Dec. 18, analysts expect big things for Apple's financial bottom line in the coming 2014 calendar year.
A high-resolution Retina display on the second-generation version of Apple's iPad mini is projected by investors to drive demand enough to keep it more popular than a thinner and lighter fifth-generation iPad, though there are concerns about supply constraints leading into the holiday shopping season.
With billionaire investor Carl Icahn pushing for Apple to initiate a larger share buyback, RBC Capital Markets believes the iPhone maker could nearly double its current $60 billion in planned expenditures while maintaining a manageable level of debt in order to boost its share price.
Apple's 2012 Worldwide Developers Conference Keynote was met positively by analyst on Wall Street, who expect this year's iOS 6 upgrade to further establish the iPhone as the leading device in the smartphone market.