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Apple (AAPL) Sees Q4 Revenue, Gross Margin at High End of Guidance

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Apple (AAPL) Target Raised to $540 at Barclays

September 24, 2013 9:19 AM EDT

Barclays maintained an Overweight rating on Apple (NASDAQ: AAPL) and raised its price target to $540.00 (from $525.00)

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $490.64 yesterday, with a 52 week range of $385.10-$695.12.... More

Apple (AAPL) Target Raised to $575 at Deutsche Bank

September 23, 2013 4:00 PM EDT

Deutsche Bank maintained a Buy rating on Apple (NASDAQ: AAPL) and raised its price target to $575.00 (from $480.00). Analyst Chris Whitmore made note of the new iPhone's strong start.

"APPL reported first weekend iPhone sales of 9M which beat expectations (Street ~6M) and... More

Apple (AAPL) Gross Margin Story on Track, Thinks Analyst

September 23, 2013 11:25 AM EDT

Wells Fargo today reiterated an Outperform rating on Apple (NASDAQ: AAPL) with a price target of $525-$575. Comments follow news Apple sold 9 million new
iPhones during the first weekend versus five million for the iPhone 5 launch a
year ago. Apple also said it sees September quarter revenue at the high end of $34-37 billion and... More

Lazard Maintains Buy on Apple (AAPL); iPhone, iOS 7 Numbers Make Street Ests Seem 'Light'

September 23, 2013 11:14 AM EDT

Lazard Capital maintains its Buy rating and $570 price target on Apple (Nasdaq: AAPL) following iPhone 5c and 5s sales numbers and preliminary Q4 expectations reported this morning.

Analyst Edward Parker noted that sales of 9 million units compared with consensus expectations calling for sales of about 6 million to 7 million... More

Accounting Important for Apple (AAPL) iPhone Sales - BMO Capital

September 23, 2013 10:40 AM EDT

BMO Capital analyst Keith Bachman had some updated thoughts on Apple (NASDAQ: AAPL) after the company announced a record 9 million iPhone 5S and 5C device sales over the weekend.

First, the analyst notes that from an accounting point of view, Apple recognizes Apple direct retail/web sales on ship out, and for third-party retail outlets (e.g., Best Buy) on ship in. "More... More

Apple (AAPL) iPhone Launch Strong But 'Nothing Material' - Nomura

September 23, 2013 10:30 AM EDT

While today's news from Apple (NASDAQ: AAPL) was no doubt impressive, Nomura Securities analyst Stuart Jeffrey is not convinced it will translate into material upside.

Today, Apple announced it sold 9 million iPhone 5s and iPhone 5c sales in their first three days on sale, that iPhone 5s demand has exceeded supply, and that 200 million devices updated to iOS 7. In... More

Apple (AAPL) Price Target Raised to $625 at FBN

September 23, 2013 10:12 AM EDT

FBN Securities maintained an Outperform rating on Apple (NASDAQ: AAPL) and raised its price target to $625.00 (from $600.00).

For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.

Shares of Apple closed at $467.41 yesterday, with a 52 week range of $385.10-$705.07.... More

Apple (AAPL) Sells Record 9M iPhone Units in First Weekend

September 23, 2013 8:31 AM EDT

Apple, Inc. (NASDAQ: AAPL) announced it has sold a record-breaking nine million new iPhone® 5s and iPhone 5c models, just three days after the launch of the new iPhones on September 20. In addition, more than 200 million iOS devices are now running the completely redesigned iOS 7, making it the fastest software upgrade in history. Both iPhone 5s and iPhone 5c are available in the US, Australia, Canada, China, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK. Demand for iPhone 5s has exceeded the initial supply, and many online orders are scheduled to... More