Apple (AAPL) Analysts Mostly Pleased with Numbers and Outlook

Apple (AAPL) iPhone Growth Continues on China, Low Installed Base Penetration, and Android Switchers - Stifel

October 28, 2015 8:41 AM EDT

Stifel analyst Aaron Rakers reiterated a Buy rating and $150 price target on Apple (NASDAQ: AAPL) following Q4 results noting iPhone growth continues on China momentum, low installed base penetration and android switchers.

Rakers commented, "While concern over slowing / negative iPhone growth is likely... More

Apple (AAPL) Expected to Trade 'Range Bound' For Next Few Quarter - Deutsche Bank

October 28, 2015 8:34 AM EDT

Deutsche Bank maintained a Hold rating on Apple (NASDAQ: AAPL) with a price target of $125. Analyst Sherri Scribner said Q4 had some misses and some wins, but overall she continues to see valuation as fair. She also noted limited catalysts and said... More

Apple (AAPL) Quarter/Guidance Given 'B+' at FBR Capital

October 28, 2015 6:38 AM EDT

FBR Capital analyst Daniel Ives reiterated an Outperform rating and $175 price target on Apple (NASDAQ: AAPL) following better-than-feared results.

Ives commented, "Heading into last night's FY4Q15 (September) results, Apple investors were bracing for the worst and hoping for the best, and they ultimately received a B+ quarter/ guide that was better than feared, in our opinion. With September results only including two days of the iPhone 6s launch,... More

Apple (AAPL) Declares $0.52 Quarterly Dividend; 1.8% Yield

October 27, 2015 5:13 PM EDT

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.52 per share, or $2.08 annualized.

The dividend will be payable on November 12, 2015, to stockholders of record on November 9, 2015, with an ex-dividend date of November 5, 2015.

The annual yield on the dividend is 1.8 percent.

For a... More

Apple CFO says no sign of slowdown in China

October 27, 2015 4:48 PM EDT

SAN FRANCISCO (Reuters) - Apple Inc (NASDAQ: AAPL) did not see any kind of slowdown in its increasingly important China market in the fiscal fourth quarter, Chief Financial Officer Luca Maestri told Reuters in a phone interview on Tuesday.

"We continue to have wonderful success there," Maestri... More

Apple (AAPL) Shares Trade Up After Beating Most Metrics, But Just by a Smidge

October 27, 2015 4:40 PM EDT

Apple (NASDAQ: AAPL) reported financial results today after the market close and the stock is trading up 2.8% in the aftermarket. Revenue of $51.5 billion beat expectations of $51.1 billion. Gross Margin of 39.9% was slightly higher than consensus of 39.5%. EPS of $1.96 beat consensus of $1.87.

Guidance for... More

Apple investors focus on iPhone sales for the holiday quarter

October 27, 2015 4:32 PM EDT

By Julia Love and Devika Krishna Kumar

SAN FRANCISCO (Reuters) - Apple Inc (NASDAQ: AAPL) painted a rosy picture for its new iPhones as it reported quarterly results on Tuesday, but investors were more focused on the company's next test: topping last year's record holiday sales.

Shares of the world's most profitable company initially rose 3 percent in extended trade after Apple beat Wall Street's sales and profit forecasts, but the gains largely evaporated later.

In the world's most important market for smartphones, Apple's sales in Greater China in its fourth... More

Apple (AAPL) Tops Q4 EPS by 8c

October 27, 2015 4:30 PM EDT

(Updated - October 27, 2015 4:33 PM EDT)

Apple (NASDAQ: AAPL) reported Q4 EPS of $1.96, $0.08 better than the analyst estimate of $1.88. Revenue for the quarter came in at $51.5 billion versus the consensus estimate of $51.12 billion.

iPhone units were 48.05M compared to consensus of 48M, Mac units were 5.71M compared to expectations of 5.7M and iPad units were 9.9M versus... More