Apple (AAPL) Pre-Order iPhone News 'Mixed', Says Bernstein's Sacconaghi

Apple (AAPL) Upgrade Program Called 'Big Deal' at UBS; Worth $200/Share as Annuity Business

September 15, 2015 8:37 AM EDT

With the unveiling of the latest iteration of the iPhone, Apple (NASDAQ: AAPL) announced a new iPhone upgrade program. The program provides members with a new iPhone every year plus AppleCare coverage starting at $32.41/month. The new Apple program is similar to programs offered by carriers. UBS analyst Steven Milunovich believes the program could be a "big deal."

Milunovich cited two positives: (1) customers should upgrade more often, boosting revenue even taking into account more used phones hitting the market; and (2) the iPhone begins to look more like an annuity and... More

While Not Apples to Apples for Apple (AAPL), iPhone Numbers Still a Peach - Analyst

September 14, 2015 3:12 PM EDT

RBC Capital analyst Amit Daryanani weighed in on Apple (NASDAQ: AAPL) amid pre-order comments from the company, stating they are on-track to surpass last year's weekend unit sales bogey of 10M units (for 6/6+).

Daryanani said while this is a "clear positive given... More

Apple (AAPL) iPhone 6S Pre-Order Update Suggests Units Could Be Up YoY in December Qtr, Wells Fargo Says

September 14, 2015 10:57 AM EDT

Wells Fargo analyst Maynard Um weighed in on Apple (NASDAQ: AAPL) amid 'exceptionally strong' initial orders for the iPhone 6S/6S Plus with a record number of first day pre-orders, suggesting more than four million units.

Um notes CNBC also reports that Apple indicated it was... More

Sales of new Apple iPhones on pace to beat last year's record

September 14, 2015 10:45 AM EDT

By Julia Love

(Reuters) - Sales of Apple Inc's (NASDAQ: AAPL) new iPhones are on pace to beat the 10 million units the previous versions logged in their first weekend last year, the company said on Monday, sending its shares up nearly 2 percent.

Apple did not disclose the specific number of advance orders it received. Analysts had expected about 4.5 million for the first 24 hours, compared with 4 million during the first day last year.

The company said it was working to catch up to demand for the iPhone 6S Plus, the... More

Apple says sales of new iPhones are off to strong start

September 14, 2015 8:53 AM EDT

By Julia Love

(Reuters) - Apple Inc (NASDAQ: AAPL) said on Monday that advance orders of its new iPhones were on pace to beat the 10 million units the previous versions logged in their first weekend last year, a feat that analysts attributed to the inclusion of sales from China.

The Chinese debut of the prior models, the iPhone 6 and 6 Plus, was delayed last year as the company awaited approval from regulators. Many analysts say China is poised to overtake the United States as Apple's biggest market.

Searching for signs of whether Apple can... More

Apple (AAPL) iPhone 6S/6S+ Pre-Orders 'Very Strong' Globally - Spokesperson

September 14, 2015 8:40 AM EDT

Apple (NASDAQ: AAPL) spokesperson Trudy Muller issued the following commentary on Monday:

iPhone 6S,iPhone 6S Plus initial response is "very positive"iPhone 6S,iPhone 6S Plus on pace to beat last year's 10 million unit first weekend sales markiPhone... More

Pre-Orders of Latest Apple (AAPL) iPhone Look Strong, Especially China - FBR Capital

September 14, 2015 6:32 AM EDT

FBR Capital analyst Daniel Ives weighed in on pre-orders of Apple's (NASDAQ: AAPL) new iPhone 6s/6s Plus which kicked off this weekend ahead of the September 25 launch.

Ives said initial demand looks strong based on estimated wait times as displayed on Apple's... More