Apple (AAPL) Said to Have Trimmed Orders for Low-Cost iPhone 5c
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iPhone 5C Sales May Ramp Over Holidays (AAPL)
October 17, 2013 9:25 AM EDTAccording to recent reports, Apple (NASDAQ: AAPL) trimmed orders for its iPhone 5C, raising questions about Apple's pricing strategy. In the view of analyst Maynard Um of Wells Fargo, fears about soft demand are based on flawed logic and Apple has the correct strategy.
"The premise is that not pricing the 5C at the low end of the portfolio pricing range is the cause of softer end demand evidenced by U.S. retailers discounting 5c pricing... More
Verizon (VZ) CFO Hints That More Apple (AAPL) iPhones Could Have Been Sold in Q3
October 17, 2013 8:57 AM EDTApple (Nasdaq: AAPL) is on watch Thursday morning following commentary from Verizon (NYSE: VZ) executives made during the telecom giant's Q3 conference call.
Verizon CFO Fran Shammo said that there were 3.87 million Apple iPhone... More
Apple (AAPL) is Pleasing to David Einhorn
October 15, 2013 4:33 PM EDTIn his third quarter letter to Greenlight Capital investors, David Einhorn had some positive things to say about core long Apple (NASDAQ: AAPL).
Einhorn said the new iPhone 5S "gives customers a compelling reason to upgrade" and "looks like it... More
Apple (AAPL) Target Raised to $550 at Mizuho
October 14, 2013 10:05 AM EDTMizuho Securities maintained a Buy rating on Apple (NASDAQ: AAPL) and raised its price target to $550.00 (from $520.00).
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 $492.81 yesterday, with a 52 week range of $385.10-$652.79.... More
Cricket Communications (LEAP) Will Offer Apple (AAPL) iPhone 5c, 5s on Oct. 25th
October 14, 2013 7:05 AM EDTLeap's (Nasdaq: LEAP) Cricket Communications, Inc. today announced Cricket Wireless will offer Apple (Nasdaq: AAPL) iPhone 5s, the most forward-thinking smartphone in the world, and iPhone 5c, the most colorful iPhone yet, to customers beginning on October 25, 2013. Customers may... More
Apple (AAPL) Sells Record 9M iPhone Units in First Weekend
September 23, 2013 8:31 AM EDTApple, Inc. (NASDAQ: AAPL) announced it has sold a record-breaking nine million new iPhone® 5s and iPhone 5c models, just three days after the launch of the new iPhones on September 20. In addition, more than 200 million iOS devices are now running the completely redesigned iOS 7, making it the fastest software upgrade in history. Both iPhone 5s and iPhone 5c are available in the US, Australia, Canada, China, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK. Demand for iPhone 5s has exceeded the initial supply, and many online orders are scheduled to be shipped in the coming weeks.
This is our best iPhone launch yetmore than nine million new iPhones solda new record for first weekend sales, said Tim Cook, Apples CEO. The demand for the new iPhones has been incredible, and while weve sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly. We appreciate everyones patience and are working hard to build enough new iPhones for... More
