Jefferies Upgrades Apple (AAPL) to Buy, $600 PT
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Higher Mix of iPhone 5S Positive for Apple (AAPL) Margins - Susquehanna
October 9, 2013 7:03 AM EDTSusquehanna analyst Chris Caso reiterated a 'Positive' rating and $625 price target on Apple (NASDAQ: AAPL) Wednesday following supply chain checks after the iPhone 5s/5c launch.
Following the checks, Caso is not changing his million iPhone unit number but sees a higher mix of iPhone 5s which is favorable for margins. In addition, the analyst said production of a China Mobile iPhone version has... More
Apple (AAPL) Q4 Estimates Raised at Needham & Company
October 8, 2013 8:30 AM EDTNeedham & Company analyst Charlie Wolf lifted estimates on Apple (NASDAQ: AAPL) Tuesday, ahead of Q4 results on Oct. 28, 2013. The firm maintained a Buy rating and price target of $595.
"Based on the sale of 9 million iPhones over its launch weekend and Apple's marginally higher guidance for its fourth fiscal quarter, we're raising our fourth quarter estimate from $7.49 to $8.01 (cons $7.86) and our fiscal 2013 estimate from $39.00 to $39.50. Our 2014 estimate remains at $42.00," Wolf said.
The analyst highlights:
On September 16th, Apple reported that it... More
Haters be Damned, Peter Misek Has Been Great on Apple (AAPL)
October 7, 2013 10:27 AM EDTJefferies analyst Peter Misek is getting some heat Monday for his bear-turned-bull turncoat call on Apple (NASDAQ: AAPL), upgrading shares from Hold to Buy and lifting his price target from $425 to $600. However, looking at his past ratings on the stock it would have proven wise to heed his advice.
To get a sense of what the blogosphere thinks about Misek, here is... More
Apple (AAPL) 'iWatch' May Have Smaller-Than-Expected Initial Impact - Piper
October 7, 2013 8:32 AM EDTThough Samsung was the first big-name tech company to introduce a smartwatch, Apple (Nasdaq: AAPL) shouldn't be too far behind. Will it even matter, though?
Piper Jaffray analyst Gene Munster is out with a little commentary on the effort today. The analyst thinks Apple could sell anywhere from 5 million to 10 million "iWatch" units within its... More
