Fears about continued sales growth of iPhone mount, while praise heaped on Services Analysts are continuing to weigh in on the future of Apple's growth following the company's most-recent quarterly report, with Guggenheim Securities claiming the push for higher iPhone ASPs isn't enough, while Loup Ventures insists investors should shift to thinking of "Apple as a Service" rather than a traditional hardware producer. Malcolm Owen 7 years ago 40
iPhone XR may reduce ASP but should outpace iPhone 8 shipments by 50 percent The iPhone XR will fare far better than the iPhone 8 and iPhone 8 Plus in terms of shipments, Robert Cihra of Guggenheim Securities predicts, but while the low cost could hurt the overall iPhone average selling price, the release will probably help drive demand and fourth quarter revenue. Malcolm Owen 7 years ago 5
Apple Watch, AirPods & HomePod, Apple's 'other products,' predicted to rake in $22B in revenue by 2019 Fueled by a trio of new product categories, Apple's all-encompassing "other products" are poised to become the company's fastest growing segment, further fueled by the recent launch of HomePod. Neil Hughes 8 years ago 11
As other analysts cut AAPL estimates, Guggenheim stands pat with bullish $215 target Ahead of Apple's December quarter results, analysts have been slashing targets for the company, based on a belief that iPhone sales are slower than expected. But Robert Cihra of Guggenheim hasn't budged on his $215 price target, telling investors on Wednesday that he sees the iPhone X as the start of a multi-year upgrade cycle. Neil Hughes 8 years ago 15
Wall Street raises targets as Apple wows with iPhone 8 launch quarter, hype grows for iPhone X With a better-than-expected iPhone 8 launch quarter, and a highly anticipated debut for the flagship iPhone X, investors on Wall Street are riding high on Apple stock, pushing shares into uncharted territory as analysts increase their forecasts to trillion-dollar market cap levels. Neil Hughes 8 years ago 25
Wall Street expects Apple's 'iPhone 8' to launch as soon as September based on quarterly guidance Apple's forecast for its next fiscal quarter was particularly strong, leading market watchers to believe that, in addition to the next-gen "iPhone 7s," the much anticipated "iPhone 8" could be on sale at the tail end of the September quarter in limited quantities, or at the very least in early October. Neil Hughes 8 years ago 5
Apple revenue from China forecast to fall 15% this year due to marketwide smartphone slowdown Apple's revenue from China plummeted 26 percent year over year last quarter, and is projected by Sterne Agee CRT to fall 15 percent in fiscal year 2016, as the entire smartphone market faces struggles in that market. Neil Hughes 10 years ago 12
Apple Watch predicted to account for 36% of company's revenue growth in 2015 The Apple Watch is expected to be a significant part of Apple's growth story in calendar year 2015, according to research firm Evercore, which advised investors to buy in to AAPL stock ahead of the wearable device's imminent launch. Neil Hughes 11 years ago 99
Evercore ups Apple target to $135, expects revenue growth to accelerate to 15% in 2015 With a huge number of iPhone owners yet to upgrade to screen sizes larger than 4 inches, Evercore Partners expects major revenue growth for Apple in fiscal 2015 and beyond, and has increased its price target on the company's shares to $135. Neil Hughes 11 years ago 8
Wall Street blown away by Apple's 'remarkable' record September quarter Apple exceeded market expectations this week with the results of its record breaking September quarter, leading analysts to heap praise on the company and raise their price targets as it heads into what is expected to be a blockbuster holiday season. Neil Hughes 11 years ago 37
Evercore raises Apple price target to $125, sees bigger iPhones leading to bigger sales Bigger iPhone 6 screens are likely to result in a bigger upgrade cycle for Apple, in the eyes of Evercore Partners, which increased its price target to $125 on Tuesday and advised investors to buy in. Neil Hughes 11 years ago 31
Blockbuster start for iPhone 6 suggests Apple on track to sell 60M phones in December quarter With 4 million iPhone 6 and iPhone 6 Plus units presold in their first 24 hours of availability, investors on Wall Street are increasingly optimistic about the success of Apple's next-generation handsets, with predictions for the upcoming holiday edging higher to 60 million sales in a single quarter. Neil Hughes 11 years ago 43
Evercore raises Apple price target to $115, predicts sales of 58M iPhones in December quarter Expecting big things from the anticipated debuts of new iPhones and a so-called "iWatch" this fall, Evercore Partners on Wednesday increased its price target on shares of Apple to $115 — one of the highest current forecasts on Wall Street. Neil Hughes 11 years ago 47
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
After a series of 'home runs,' it'd be OK if Apple's next product is a 'single,' Evercore says After the iPod, iPhone and iPad all proved to be "home run" products, the law of large numbers mean it's likely Apple's next new product category may only be a "single" or a "double" — and that's perfectly fine, in the eyes of one analyst. Neil Hughes 12 years ago 50
Evercore increases Apple price target to $700, citing momentum from new iPads & iPhones As shares of Apple continue to trade higher, Evercore Partners on Friday upped its price target for AAPL stock to $700, citing what the firm called "rejuvenated momentum" seen from recent iPhone and iPad product refreshes. Neil Hughes 12 years ago 32
50M iPhone sales, 'booming' iPad mini expected in Apple's holiday quarter Upside to market consensus on Apple is expected from one Wall Street analyst, who sees a big holiday quarter for both the iPhone 5 and iPad mini. Neil Hughes 13 years ago 52
