Apple (AAPL) Just Steps Away From Inking Key Deal with China Mobile (CHL)
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Wall Street Jeers Apple's (AAPL) iPhone 5C Pricing
September 11, 2013 8:53 AM EDTShares of Apple, Inc. (NASDAQ: AAPL) are getting lambasted one day after the iPhone 5S and 5C unveiling, as Wall Street analysts show clear disappointment with the iPhone 5C pricing and a China Mobile announcement remains elusive.
With its iPhone event Tuesday, Apple said a subsidized iPhone 5C will run $99, while an unsubsidized 5C will cost $549. The pricing suggests that Apple is protecting margins at the expense of market share.... More
Apple (AAPL) iPhone 5C Doesn't Mean 'Cheap' - Deutsche Bank
September 11, 2013 8:33 AM EDTDeutsche Bank analyst Chris Whitmore reiterated his Buy rating and $480 target on Apple (NASDAQ: AAPL) following the unveiling of the iPhone 5S and 5C. While the event was mostly in-line with expectation the pricing of the iPhone 5C was "disappointing," he said.
... More
Apple (AAPL) iPhone 5C Pricing is 'Key Disappointment' - Goldman Sachs
September 11, 2013 8:26 AM EDTGoldman Sachs analyst Bill Shope reiterated a Buy rating and $530 price target on Apple (Nasdaq: AAPL) following solid product enchantments, but disappointing 5C pricing.
Shope was positive on the fact that China would be among the first group of... More
Apple (AAPL) iPhone Event 'Historic' - Cantor Fitzgerald
September 11, 2013 8:15 AM EDTCantor Fitzgerald analyst Brian White reiterated his Buy rating and $777 price target on Apple (NASDAQ: AAPL) following the iPhone event, which he called "historic."
"In our view, this was a historic event for Apple as the company began segmenting the... More
UPDATE: Apple (AAPL) PT Lifted to $550 at Canaccord Genuity
September 11, 2013 8:07 AM EDT(Updated - September 11, 2013 10:13 AM EDT)
Canaccord Genuity reiterated a Buy rating and boosted its price target on Apple (NASDAQ: AAPL) from $530 to $550 following unveiling of iPhone 5S and iPhone 5C.
Analyst Michael Walkley said, "We believe the new iPhone 5S has very competitive... More
Choppy Trading Ahead for Apple (AAPL) - Jefferies
September 11, 2013 7:51 AM EDTJefferies analyst Peter Misek weighed in on Apple (NASDAQ: AAPL) following the iPhone refresh, maintaining a Hold rating and $450 price target.
"The iPhone 5C's $99 on-contract price is higher than expected and still leaves Apple with a product gap in the low-end," Misek comments.... More
Apple (AAPL) PT Lifted to $480 at Nomura; Didn't Chase Lower End
September 11, 2013 7:43 AM EDTNomura Securities Stuart Jeffrey reiterated a Neutral rating on Apple (NASDAQ: AAPL) after yesterday's iPhone refresh but boosted his price target from $420 to $480.
"Apple retained its pricing structure with its new iPhone portfolio," Jeffrey notes. "In not chasing a new lower... More
UBS Downgrades Apple (AAPL) to Neutral
September 11, 2013 7:39 AM EDTUBS downgraded Apple (NASDAQ: AAPL) from Buy to Neutral.
For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here.
Shares of Apple closed at $494.64 yesterday, with a 52 week range of $385.10-$705.07.... More
Meet Apple's (AAPL) iPhone 5C
September 10, 2013 2:13 PM EDTApple (Nasdaq: AAPL) today introduced iPhone® 5c, featuring an all-new design, packed with incredible features in five gorgeous colorsblue, green, pink, yellow and white. iPhone 5c is built on a foundation of features people know and love like the beautiful 4-inch Retina® display, blazing fast performance of the A6 chip, and the 8 megapixel iSight® cameraall while delivering great battery life. iPhone 5c comes with more LTE bands than any other smartphone in the world, a new FaceTime® HD camera, and iOS 7, the most significant iOS update since the original iPhone.
"iPhone... More
Appel (AAPL) iPhone 5C, iPhone 5S available around the world on Sept 20
September 10, 2013 2:07 PM EDTAppel (NASDAQ: AAPL) iPhone 5C, iPhone 5S available around the world on Sept 20.... More
