Predicting better-than-expected margins, RBC ups Apple price target to $142

Gross margins for Apple's March quarter could surprise to the upside, according to investment firm RBC Capital Markets, which raised its price target on the iPhone maker to $142 on Tuesday.

Neil Hughes 11 years ago 5

RBC says Apple could fund $65B+ annual capital return program, raises target to $140

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.

Neil Hughes 11 years ago 15

Carl Icahn's praise should help create a floor for shares of Apple, RBC says

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.

Neil Hughes 11 years ago 18

RBC sees Apple selling upwards of 75M 'iPhone 6' units before end of 2014

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.

Neil Hughes 11 years ago 52

RBC ups Apple price target to $110 in anticipation of 'busy fall' for iPhone & 'iWatch'

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.

Neil Hughes 11 years ago 13

Wall Street on Apple's 'uneventful' June quarter: Excited by margins, concerned about guidance

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.

Neil Hughes 11 years ago 88

Wall Street expects Apple's WWDC announcements will leverage strength of connected platforms against Google

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.

Neil Hughes 12 years ago 48

RBC again raises price target on Apple stock to $645 on strength of share buybacks

With shares of Apple stock continuing to gain value, RBC Capital Markets has been prompted to raise its price target on the iPhone maker for the second time in as many weeks.

Neil Hughes 12 years ago 16

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

Imminent iPhone launch on China Mobile could add $10B per year in revenue for Apple

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.

Neil Hughes 12 years ago 39

Retina iPad mini forecast to outsell thinner 'iPad 5' nearly 2:1, if Apple meets demand

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.

Neil Hughes 12 years ago 103

RBC believes Apple Inc. could double $60B share buyback, ups price target to $525

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.

Neil Hughes 12 years ago 35

Earnings preview: Modest expectations for Apple's June 2013 quarter

As anticipation grows for Apple's next-generation iPhones and iPads, analysts aren't expecting much this afternoon, when the company will announce the results of its recently concluded June quarter.

Neil Hughes 12 years ago 43

Overseas cash restricts Apple's options for reallocating capital

With Apple actively exploring potential uses for its $137 billion in cash and investments, bringing all of that money back to the U.S. would be a costly move.

Neil Hughes 13 years ago 99

Wall Street expects iOS 6 to increase Apple's smartphone market share

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.

Neil Hughes 13 years ago 12

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