RBC: Apple would only launch low-cost iPhone if it had 'category-killer' experience

After a meeting with two of Apple's top executives, RBC Capital Markets analyst Mike Abramsky said the company's primary requirement for launching a lower-end iPhone is whether the handset would provide an "innovative, category-killer experience."

Josh Ong 14 years ago 35

Wall Street: Apple earnings 'nothing short of a blowout' after record quarter [u]

Wall Street analysts were stunned by Apple's record quarterly earnings on Tuesday, noting that there seems to be no end in sight for the company's "upside parade."

Josh Ong 14 years ago 20

Apple will offer free iPhone 3GS with 2-year mobile contract - report

Apple is prepared to offer the iPhone 3GS, first released in 2009, as a free subsidized phone with a two-year service contract, according to a new report.

Neil Hughes 14 years ago 115

Apple shares slide 6% in Germany as investors weigh in on Steve Jobs' leave

Though U.S. markets were closed on Monday, overseas trading gave an indication of how investors might react to Steve Jobs' absence from Apple come Tuesday. In addition, analysts on Wall Street offered their take on the news.

Slash Lane 15 years ago 27

'Holiday hat trick' of 16M iPhone, 6M iPad, 4.2M Mac sales expected from Apple

With Apple's quarterly earnings report for the 2010 holidays less than a week away, one Wall Street analyst believes Apple will sell a record 16 million iPhones, 6 million iPads, and 4.2 million Macs.

Neil Hughes 15 years ago 27

Post-CES, Apple's iPad still viewed as tablet leader by Wall Street

Though a slew of "iPad killers" were introduced at last week's Consumer Electronics Show, none of those tablets are expected to unseat Apple's iPad as the top-selling device, numerous Wall Street analysts said Monday.

AppleInsider Staff 15 years ago 77

RBC sees Apple announcing 13.5 million iPhone "blowout" quarter

Financial experts at the Royal Bank of Canada are out with a bullish report on Apple friday, saying they expect the company to report next week a blowout quarter in which sales exceeded $20 billion and include the sale of a record 13.5 million iPhones.

Slash Lane 15 years ago 35

Another firm sees Apple selling existing 8GB iPhone 3G for $99

With more and more evidence pointing to Apple's 2009 iPhone lineup consisting of three distinct models, the Royal Bank of Canada is the second investment firm to predict that one of those models will be a repackaged version of the existing 8GB iPhone 3G that will see its price tag lopped in half.

Sam Oliver 17 years ago 47

RBC says iPhone 3G 'Pro' won't boost iPhone momentum

The Royal Bank of Canada is maintaining its bearish near-term outlook on shares of Apple, claiming that although consumer interest in a new version of the iPhone remains healthy, sales of the new device are unlikely to provide the company with the same boost seen during the transition from the original iPhone to the iPhone 3G.

Katie Marsal 17 years ago 64

Firm reiterates claims of entry-level iPhone this spring

Although Apple has downplayed the possibility of a stripped-down iPhone, the Royal Bank of Canada is reiterating claims this week that the company is gearing up to announce two new versions of its touch-screen handset, including an entry-level model that lacks both 3G connectivity and an unlimited data plan.

Katie Marsal 17 years ago 55

RBC downgrades Apple to 'Underperform', slashes target to $70

The Royal Bank of Canada cut its price target on shares of Apple friday to $70 from $125 and also downgraded the stock to 'Underperform' on concerns of reduced earnings growth as well as uncertainty about the company's leadership.

Sam Oliver 17 years ago 55

Apple shares tumble on downgrades from investment banks

Shares of Apple bled more than 17 percent of their value in Monday morning trading on the Nasdaq stock market after analysts for investment banks Morgan Stanley and RBC Capital both downgraded their outlook on the company, citing a worsening consumer environment.

Katie Marsal 17 years ago 146

RBC says sub-$100 "iPod phone" market up for Apple's taking

Apple could announce sales of more than 4 million 3G iPhones at its media event next week, according to investment bank RBC Capital Markets, which also suggests the company may be looking into a low cost "iPod phone" to build on its momentum.

Katie Marsal 17 years ago 51

Apple may report unprecedented 3 million Mac quarter

The investment banking division of the Royal Bank of Canada said Thursday that Apple's back-to-school promotion is showing signs that it will drive the company to a record-smashing quarter in which sales of Macs could exceed 3 million.

Sam Oliver 17 years ago 50

Report: half of prospective smartphone buyers eying iPhone 3G

In a sign of "unprecedented pent-up demand" for the upcoming iPhone 3G, investment bank RBC Capital Markets says its own proprietary study has revealed that more than half of consumers who are in the market for a smartphone intend to purchase one of the new Apple handsets after its launch on July 11th.

Slash Lane 17 years ago 26

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