RBC ups Apple stock price target to $525 due to 'iPhone frenzy'

Investment bank RBC upped its price target for shares of Apple from $500 to $525 on Wednesday on expectations that the company will solidly beat Wall Street estimates for the first quarter of fiscal 2012 and offer healthy guidance going into the second quarter.

Josh Ong 14 years ago 30

Claims of weakening demand for Apple's iPhone 4S disputed

A Taiwanese newspaper made waves on Wednesday by claiming that Apple has reduced orders for the iPhone 4S, but a trio of separate reports specifically dispute the rumor.

Neil Hughes 14 years ago 44

26% of Amazon Kindle Fire buyers delaying purchase of Apple's iPad

A new survey of customers who plan to buy Amazon's Kindle Fire touchscreen tablet found that 26 percent of those said the product has prompted them to delay or put on hold a purchase of Apple's iPad.

Neil Hughes 14 years ago 72

'Unprecedented' demand for Apple's iPhone 5 exceeds iPhone 4 hype

A new survey has found "unprecedented" demand for Apple's next iPhone, with 31 percent of respondents indicating they are likely to buy the anticipated handset.

Neil Hughes 14 years ago 108

Wall Street doesn't expect Google-Motorola deal to affect Apple

While the move may be good for the parties directly involved, Google's purchase of Motorola is not expected to have a major effect on Apple, Wall Street analysts have said.

Neil Hughes 14 years ago 33

RBC reiterates September iPhone 5 debut amid rumors of October launch

Pointing to a series of identifiable trends, as well as "build data" from Apple's Far East suppliers, investment bankers with RBC Capital Markets on Tuesday waved caution flags at rumors that an iPhone 5 won't hit the market until October.

Neil Hughes 14 years ago 17

Apple's victory over HTC may set high royalty precedent for Android devices

Apple's initial legal victory over rival HTC in a patent infringement suit could pave the way for Apple to collect high royalties from devices running Google Android, according to one analysis.

Neil Hughes 14 years ago 90

JP Morgan predicts Apple sold nearly 20M iPhones in record June quarter

Next week Apple could post its strongest quarter yet for iPhone sales, as Wall Street firm J.P. Morgan predicted on Thursday sales of 19.6 million iPhones in the June frame.

Neil Hughes 14 years ago 24

76% of iPhone owners plan to use Apple's iCloud, 30% interested in iTunes Match

A new survey of iPhone users indicates that Apple's iCloud service could gain 150 million users, while nearly as many are also interested in using iMessage.

Neil Hughes 14 years ago 29

Wall Street expects iCloud to drive sales of Apple's iOS devices

The newly announced iCloud service is expected to further drive sales of iOS devices as users become even more tied in to Apple's increasingly proprietary ecosystem, analysts on Wall Street believe.

Neil Hughes 15 years ago 67

Foxconn's iPad 2 polishing plant reopens following deadly explosion

Weeks after an explosion at a Foxconn iPad 2 polishing plant in Chengdu, China, killed three and injured 15 people, the facility has reopened.

Katie Marsal 15 years ago 1

iCloud preannouncement leads Wall Street to expect big things from Apple at WWDC

After Apple tipped its hand on Tuesday and revealed it will unveil its new iCloud service next week, Wall Street analysts believe the company has set the stage for a strong software-focused Worldwide Developers Conference keynote.

Neil Hughes 15 years ago 33

Apple expected to report sales of 7M iPads, 17M iPhones for Q2 2011

Apple is once again predicted to exceed expectations in its upcoming quarterly earnings call, with one analyst forecasting sales of 7 million iPads and 17 million iPhones in the second quarter of fiscal 2011.

Neil Hughes 15 years ago 26

Up to 20% of original iPad buyers predicted to upgrade to Apple's iPad 2

Of the 15 million iPads sold by Apple in 2010, between 15 and 20 percent of those early adopters will upgrade to the iPad 2, one analyst believes.

Neil Hughes 15 years ago 44

Wall Street impressed by 'evolutionary' improvement in Apple's iPad 2

Wall Street analysts reacted positively to Apple's unveiling of the iPad 2 on Wednesday and remained optimistic about the company's continued ability to lead the tablet market, though they viewed the refresh as mostly "evolutionary."

Josh Ong 15 years ago 47

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