Brean Capital Positive on Apple (AAPL) Amid WWDC Updates

Global Equities Positive on Apple (AAPL) Open Source App Development; Calls Apple 'Clueless' on Music

June 9, 2015 11:42 AM EDT

Global Equities Research analyst Trip Chowdhry provided his highlights and lowlights from yesterday's Apple (NASDAQ: AAPL) WWDC event:

HIGHLIGHTS:

Swift 2.0 Programming Language to be Open Sourced - thus increasing Apple Developer ecosystem by 3 million, to a total of 8 million Apple developers

Now many 3rd party providers can provide Swift Compilers, Optimizers and Visual... More

Apple (AAPL) Estimates Lifted at Jefferies on iPhone Strength

June 9, 2015 8:11 AM EDT

Jefferies analyst Sundeep Bajikar raised estimates and iPhone forecasts on Apple (NASDAQ: AAPL) Tuesday but maintained its Hold rating and $135 price target.

Bajikar commented, "We are raising our iPhone shipment forecast for JuneQ to 47m (from 39.5m, Street 45.5m), as our checks... More

Oppenheimer Remains Bullish Following Apple's (AAPL) Keynote Speech

June 9, 2015 8:06 AM EDT

Oppenheimer reiterates an Outperform rating and $155.00 price target on Apple (NASDAQ: AAPL) following its worldwide developers conference keynote speech. Analyst Andrew Uerkwitz said that investors shouldn't overlook the multitude of tweaks Apple made to its OS.

Uerkwitz commented, "Yesterday Apple held its Worldwide... More

New Apple Watch Developer Tools, Launch of Apple Music Two Key WWDC Events - Cowen (AAPL)

June 9, 2015 6:26 AM EDT

Cowen and Company comments on Apple (Nasdaq: AAPL) following the company's WWDC keynote on Monday.

Analyst Tim Arcuri noted some of the highlights from the event:

"iOS 9 includes a significant upgrade in Siris functionality rendering it more proactive and context aware while adding deeper search integration capabilities though the introduction of a dedicated developer search API. Siris new features should help close a notable gap with other mobile platforms, with a potential differentiator in Apples commitment to privacy (i.e. no data mining or... More

Apple (AAPL) Announces Addition of Rewards Programs, Store-Issued Cards to Apple Pay

June 8, 2015 3:11 PM EDT

Apple (NASDAQ: AAPL) announced Apple Pay is making everyday payments even better by adding support for rewards programs and store-issued credit and debit cards with iOS 9. Apple Pay will also give shoppers more ways to pay in the US, expanding merchant acceptance to over one million locations next month and bringing support for Discover this fall. With this addition, Apple Pay will accept credit and debit cards across all major card networks, issued by the most popular banks, representing 98 percent of all credit card purchase volume in the US.

Apple... More

Apple (AAPL) Debuts New Apple Music Platform; Subscription Starts at $9.99/Month

June 8, 2015 3:04 PM EDT

Apple (NASDAQ: AAPL) unveiled Apple Music, a single, intuitive app that combines the best ways to enjoy music all in one place. Apple Music is a revolutionary streaming music service, a pioneering worldwide live radio station from Apple broadcasting 24 hours a day and a great new way for music fans to connect with their favorite artists. Apple Music combines the largest and most diverse collection of music on the planet with the expertise of world-class music experts who have programmed playlists for your iPhone®, iPad®, iPod touch®, Mac®, PC, Apple TV® and Android phones.* Apple... More

Apple (AAPL) Previews WatchOS 2 and New Apple Watch Features

June 8, 2015 3:03 PM EDT

Apple (NASDAQ: AAPL) previewed watchOS 2, the first major software update for Apple Watch, giving developers the tools to build faster and more powerful apps running natively on Apple Watch. Starting today, developers can take advantage of innovative hardware features of Apple Watch including the Digital Crown, Taptic Engine and heart rate sensor, along with software APIs to build new app experiences. Available to Apple Watch users this fall, watchOS 2 also includes new watch faces, third-party app information as watch face complications and new communication capabilities in Mail, Friends and Digital Touch.

We are thrilled... More

Pandora (P) Ticks Higher Amid New Streaming Music Service from Apple

June 8, 2015 2:55 PM EDT

Pandora (NYSE: P) is ticking slightly higher as Apple (Nasdaq: AAPL) debuts its new streaming music service, called "Apple Music." While shares are off of session lows, the stock is still down 2.8 percent Monday.

... More

Apple (AAPL) CEO Cook Says 'One More Thing', Announces 'Apple Music'

June 8, 2015 2:47 PM EDT

Apple (NASDAQ: AAPL) CEO Tim Cook retakes the stage at WWDC and announces "One more thing."

Cook is now talking about the importance of music. The company is playing a video aobut the history of music.

Cook has announced Apple Music... More

MasterCard (MA) Will Bring Apple Pay to U.K. Customers in July

June 8, 2015 2:44 PM EDT

MasterCard (NYSE: MA) will offer its customers access to Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay, when it launches in the UK.

MasterCard has built a foundation for secure mobile transactions made with Apple Pay, to allow consumers to use their cards where and how they want with a seamless payment experience. For consumers and merchants alike, that means that every purchase made with a MasterCard using an iPhone 6, iPhone 6 Plus or Apple Watch will offer the security, benefits and guarantees of any MasterCard... More

Apple (AAPL) Announces New Features for the Apple Watch at WWDC

June 8, 2015 2:36 PM EDT

Apple (Nasdaq: AAPL) is now talking about its Apple Watch.

Apple's Kevin Lynch said new Watch faces are expected in debut soon, as is the WatchOS 2 platform for developers.

Developers will also be able to make their own watch... More

Apple (AAPL) CEO Cook: We've Paid $30B+ to Developers; App Store has Over 100B Downloads

June 8, 2015 2:23 PM EDT

Apple (NASDAQ: AAPL) CEO Tim Cook says the company has paid over $30 million to app developers, that the App Store has over 100 billion downloads, and there are currently over 1.5 million apps in the App Store.

Cook was speaking at Apple's WWDC event today.

... More

Apple (AAPL) to Launch Apple Pay in UK Next Month

June 8, 2015 1:49 PM EDT

(Updated at 3.05)

Apple (NASDAQ: AAPL) plans to launch Apple Pay in the UK next month. It also said Apple Pay will be on Discover card later this year.

Update:

Apple today announced that starting next month, Apple Pay will be available to customers in the UK, bringing them the easy, secure and private way to pay. Whether buying groceries, grabbing coffee, picking up lunch or taking the Tube, UK shoppers will soon be able to make many of their daily purchases with Apple Pay. At launch, over 250,000 locations... More

UPDATE: Apple's (AAPL) OS X Updated, Will be Called 'OS X El Capitan'

June 8, 2015 1:23 PM EDT

(Updated - June 8, 2015 3:02 PM EDT)

Apple's (NASDAQ: AAPL) announced an update for its OS X operating system called OS X El Captain. The update improves spotlight, built-in apps, and allows users to pin favorite sites. It also allows for more colloquial search terms, dragging photos between emails, and a 1.4X improvement in app launching.

Update:

Apple® today announced OS X® El Capitan, a new version of OS X that refines the Mac® experience and improves system performance. Building on last years landmark release of OS X Yosemite, El Capitan introduces... More

UPDATE: Apple (AAPL) Expects to Start Accepting Retail Cards on Apple Pay

June 8, 2015 12:29 PM EDT

(Updated - June 8, 2015 12:39 PM EDT)

Apple (NASDAQ: AAPL) may start accepting retail cards on Apple Pay, according to the WSJ.

UPDATE - The WSJ noted that the call is part of a broad... More