Apple (AAPL) Estimates Lifted at Jefferies on iPhone Strength
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Global Equities Positive on Apple (AAPL) Open Source App Development; Calls Apple 'Clueless' on Music
June 9, 2015 11:42 AM EDTGlobal 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... MoreNew Apple Watch Developer Tools, Launch of Apple Music Two Key WWDC Events - Cowen (AAPL)
June 9, 2015 6:26 AM EDTCowen 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
Brean Capital Positive on Apple (AAPL) Amid WWDC Updates
June 9, 2015 6:18 AM EDTBrean Capital analyst Ananda Baruah reiterated a Buy rating and $170 price target on Apple (NASDAQ: AAPL) after the company held its World Wide Developers Conference yesterday where highlights included Beats1 Radio, WatchOS2, and new Apple Pay features.
Baruah commented, "We particularly liked... More
Market Wrap: Apple Kicks-Off WWDC; McDonald's (MCD) May Comps Outpace; Stifel Financial Makes Big Purchase
June 8, 2015 5:24 PM EDTMarket wrap for June 8th
End of the Day: S&P 500 down 13.6 to 2,079.28; Dow Jones down 82. to 17,766.55; Nasdaq down 46.8 to 5,021.63
Market Brief: U.S. markets fell following last Friday's robust nonfarm payroll report. Today's decline follows three-straight weeks of losses for the Dow Jones Industrial Index, which is down over 2.3 percent from a close at 18272.56 on May 15th.
Deutsche Bank's co-CEOs tendered their resignations last Sunday, causing shares to rise.
Apple kicked off its WWDC with several product introductions and... More
Apple (AAPL) Announces Addition of Rewards Programs, Store-Issued Cards to Apple Pay
June 8, 2015 3:11 PM EDTApple (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 EDTApple (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 EDTApple (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
