Apple (AAPL) New iPhones Should Ensure Strongest and Most Profitable Cycles - RBC Capital
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Rosenblatt Reiterates Buy on Apple (AAPL) Following New Product Presentation
September 10, 2015 9:55 AM EDTRosenblatt reiterated a Buy rating and $140.00 price target on Apple (NASDAQ: AAPL) following the company's new product presentation. Analyst Jun Zhang believes that the rose gold iPhone and Live Photos are the two most important upgrades that would encourage iPhone 6 users to upgrade.
Zhang... More
Jefferies Cuts Price Target on Apple (AAPL) to $126 Following Sep 9th Event
September 10, 2015 9:43 AM EDTJefferies reiterates a Hold rating on Apple (NASDAQ: AAPL), and cut the price target to $126.00 (from $130.00), following the company's September 9th event. Analyst Sundeep Bajikar liked Apple's progress in Watch, Ipad, and TV, but was "underwhelmed" by the iPhone 6s.
Bajikar... More
Apple (AAPL) iPhone Upgrade Program, Country/Carrier Launches Were 'Important Incrementals', Wells Fargo Says
September 10, 2015 7:50 AM EDTWells Fargo analyst Maynard Um said the Apple (NASDAQ: AAPL) iPhone upgrade program, country/carrier launches are important incrementals from yesterday's event. The firm maintained an Outperform rating and $125-$135 valuation range.
Um commented, "We estimate the additional country/carrier launches by YE suggests AAPL could sustain an 8.4% decline per carrier... More
Apple (AAPL) Event Offers More Disappointments Then Positives, Macquarie Says
September 10, 2015 7:45 AM EDTMacquarie analyst Ben Schachter maintained an Outperform rating and $133 on Apple (NASDAQ: AAPL) although they said there were more disappointments than positive surprises at yesterday's event, although nothing was game changing.
commented, "Overall, more disappointments than positive surprises, but nothing game changing. We... More
Latest Apple (AAPL) iPhone Another 'Nail in the Coffin' for High-End Android Devices - Oppenheimer
September 10, 2015 6:55 AM EDTOppenheimer analyst Andrew Uerkwitz views Apple's (NASDAQ: AAPL) latex iPhone as another nail in the coffin for high-end Android phones. The firm reiterated an Outperform rating and price target of $155.
Uerkwitz commented, "Apple announced updates to its devices at a press... More
China says Apple unit underpaid $71 million in tax in 2013
September 10, 2015 6:49 AM EDTSHANGHAI (Reuters) - A China unit of U.S. tech giant Apple Inc (NASDAQ: AAPL) underpaid taxes in 2013 by 452 million yuan ($71 million), according to a report from the country's finance ministry, which comes as China toughens its stance on tax payments by foreign firms.
The Ministry... More
Apple TV, iPad Pro Extend Long-Term Narrative for Apple (AAPL); Cowen Affirms at 'Market Perform'
September 10, 2015 6:42 AM EDTCowen and Company affirms its Market Perform rating and $130 price target on Apple (Nasdaq: AAPL) following the company's iPhone event on Wednesday.
Analyst Tim Arcuri commented, From a high level, the event was as expected with respect to what matters today - iPhone - with the introduction of Force Touch haptics from the Watch (3D Touch), a (much) better camera, and a better processor for 6S/6S+. The pricing (6S+ $299+, 6S $199+, 6+ $199+, 6 $99+, 5S free) and storage configurations (16/64/128GB) remain unchanged - a scenario that could drive some... More
Brean Capital Sees Upside to Apple (AAPL) EPS, Shares Back Above $130
September 10, 2015 6:31 AM EDTBrean Capital analyst Ananda Baruah reiterated a Buy rating and $170 price target on Apple (NASDAQ: AAPL) following yesterday's event. The analyst said the new iPhone adoption initiatives are both progressive and pragmatic. The firm sees the stock back to $130 in the 2nd-half. They also see Sept and December quarter EPS upside.
Baruah... More
Apple (AAPL) Event Offers Few Surprises, Susquehanna Notes
September 10, 2015 6:25 AM EDTSusquehanna analyst Chris Caso noted the Apple (NASDAQ: AAPL) event offered few surprises. The firm maintained a Positive rating and price target of $155.
Caso commented, "AAPL held its annual launch event yesterday, launching new iPhones as expected, along with an iPad Pro and a new Apple TV. Most of what we heard yesterday was already... More
