Chinese Snap-Up iPhone 5s; Apple (AAPL) Sells 2 Million in Opening Weekend
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Selling in Apple (AAPL) Shares WAY Overdone, Buy Ahead of China Mobile (CHL) Deal - BofA
December 18, 2012 7:58 AM ESTApple, Inc. (Nasdaq: AAPL) shares are ticking higher Tuesday morning as Bank of America/Merrill Lynch (BAML) is getting bullish on the stock.
BAML said the recent selloff in Apple shares is overdone. Looking at valuation, it appears that the... More
China iPhone Sales Get Mixed Analyst Reception; Apple (AAPL) is Back Above $500
December 17, 2012 8:58 AM ESTApple, Inc. (NASDAQ: AAPL) shares are back in positive territory early Monday morning following a downgrade by Citi earlier,... More
Apple's (AAPL) China Number a 'Big Print' Topeka's Brian White Says
December 17, 2012 7:47 AM ESTTopeka Capital's Brian White reiterated his Buy rating and $1,111 price target on Apple (NASDAQ: AAPL) Monday following news that the company sold 2 million iPhone 5 in China during the opening weekend.
"In our view, this represents a big print for Apple and... More
Apple's (AAPL) China iPhone 5 Data Should 'Quell Investor Concerns' - Sterne Agee
December 17, 2012 7:24 AM ESTSterne Agee's Shaw Wu reiterated his Buy rating and $840 price target on Apple (NASDAQ: AAPL) Monday after the company announced over 2 mm iPhone 5's sold in its opening weekend in China.
"This is a strong number and should help quell investor concerns," Wu... More
Citi Downgrades Apple (AAPL) to Neutral; Recent iPhone Order Cut Brings Demand into Question
December 17, 2012 6:37 AM ESTCiti downgraded Apple (NASDAQ: AAPL) from Buy to Neutral, lowering its price target from $675 down to $575.
The firm cautioned on slowing iPhone demand with the latest iPhone 5 launch in 40 new markets receiving mixed results. Analyst Glen Yeung said, "...near-term supply chain order cuts, while inconclusive in nature, bring into question the strength of iPhone5 and refocus... More
