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RBC

Latest News

New 4-inch iPhone expected to add $5.5 billion in sales for Apple

Outlook from Apple's supply chain has prompted investment firm RBC Capital Markets to forecast that the anticipated new 4-inch iPhone will net 10 million additional handset sales this year.

Neil Hughes 10 years ago 54

New 4" iPhone predicted to drive $5.5B in new sales for Apple in 2016

Apple's refreshed 4-inch iPhone is predicted by one analyst to add 10 million units to Apple's total handset sales this year, resulting in an additional $5.5 billion for the company in fiscal 2016.

Neil Hughes 10 years ago 24

RBC cuts Apple target to $130, expects iPhone sales 'noise' to last through March quarter

RBC Capital Markets on Thursday became the latest investment firm to cut its estimates for Apple, joining the chorus of concerns that Apple could post its first-ever year over year decline in iPhone sales.

Neil Hughes 10 years ago 12
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

iPad Pro predicted to drive $2.4B in near-term revenue for Apple

Apple's newly launched high-end iPad Pro is expected to make a big splash for the company, with one analyst forecasting the 12.9-inch tablet to be a $2.4 billion revenue opportunity in its first three months alone.

Neil Hughes 10 years ago 30

Buyers skew towards higher-capacity iPhones, iPhone Upgrade Program shows early popularity

iPhone shoppers are increasingly favoring high-end, 64- and 128-gigabyte models, and showing strong early interest in Apple's new interest-free iPhone Upgrade Program, data from an RBC Capital Markets survey suggests.

Roger Fingas 10 years ago 43

iPhone Upgrade Program expected to boost Apple's margins, force carriers to more aggressive pricing

The new official iPhone financing plan is seen by investment firm RBC Capital Markets as a benefit not only to Apple, but also to its customers, both of whom should gain leverage over wireless carriers.

Neil Hughes 10 years ago 44

RBC reiterates $150 target for Apple stock, expects huge 'iPhone 6s' launch

Amid continued losses for Apple stock, investment firm RBC Capital Markets has remained steadfast with its $150 price target, once again on Tuesday advising investors to buy in ahead of the anticipated "iPhone 6s" product launch.

Neil Hughes 10 years ago 47

Market watchers see buying opportunity as Apple shares slide after June quarter miss

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.

Neil Hughes 10 years ago 61

Buyers opting for higher capacity iPhones, likely boosting Apple profits, RBC survey finds

RBC Capital Markets has raised its Apple revenue forecasts for 2015 and 2016, arguing that iPhone demand could beat expectations for some time into the future, and that people are skewing towards buying more expensive, higher capacity iPhone models.

Roger Fingas 10 years ago 38

Estimates raised on Wall Street as Apple impresses investors again with another record quarter

The iPhone continues to drive growth at Apple, once again propelling the company to a record quarter that has left analysts on Wall Street confident the company's stock will continue to go higher.

Neil Hughes 11 years ago 50

Wall Street shocked by Apple's staggering quarter, prompting analysts to raise estimates

Apple's stunning first quarter of fiscal 2015 blew virtually every prediction out of the water, and left Wall Street analysts rushing to increase their price targets on Wednesday as the stock jumped higher.

Neil Hughes 11 years ago 82

RBC raises Apple price target to $123, cites higher than expected iPhone 6 demand

RBC Capital Markets on Friday advised investors to stay long on Apple stock, as the investment firm sees multiple catalysts for the company in the near future, starting with the reporting of holiday iPhone sales.

Neil Hughes 11 years ago 27

RBC raises Apple price target to $120, predicts Apple Watch will earn $10B in first-year revenue

RBC Capital Markets on Monday increased its price target for Apple stock to $120 per share, a number that incorporates the investment firm's expectations for the upcoming Apple Watch, predicted to sell 20 million units in its first 12 months.

Neil Hughes 11 years ago 46

Apple could sway 35% of Android & Windows Phone buyers with bigger iPhone, survey finds

Already on track to capture nearly half of the smartphone market in 2014, Apple could dramatically expand the iPhone's customer base at Android's expense by adding a new model with a larger display, according to a survey released Tuesday by the investment arm of the Royal Bank of Canada.

Sam Oliver 11 years ago 70

RBC ups Apple price target to $100, sees 'iPhone 6' & new product categories driving growth

Following this week's stock split, RBC Capital Markets sees shares of Apple reaching near-record highs in the second half of 2014, based on the strength of the expected "iPhone 6," as well as hotly anticipated new product categories from the company.

Neil Hughes 11 years ago 16

RBC cuts March estimates, sees Apple's momentum returning in the second half of 2013

RBC Capital Markets on Friday cut its estimates for Apple's just-concluded March quarter, citing apparent weakened demand, but the firm also believes that the iPhone maker could pick up steam in the second half of the year.

Neil Hughes 13 years ago 17

Rumor: Apple to launch cheaper iPhone with plastic casing, non-Retina display this summer

Yet another analyst has thrown their hat into the ring, joining others who have heard from sources in Apple's supply chain that the company is gearing up to debut a low-cost iPhone in the coming months..

Neil Hughes 13 years ago 140

Verizon numbers hint Apple may have shipped more than 50M iPhones last quarter

The latest iPhone activation data from Verizon suggests Apple may have shipped more than 50 million iPhones during the 2012 holiday season.

Neil Hughes 13 years ago 91
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