Verizon (VZ) CFO Hints That More Apple (AAPL) iPhones Could Have Been Sold in Q3
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Go back to Verizon (VZ) CFO Hints That More Apple (AAPL) iPhones Could Have Been Sold in Q3
October 18, 2013 8:56 AM EDT
(Updated - October 18, 2013 9:50 AM EDT)
While Verizon (NYSE: VZ) said it sold about 3.9 million iPhones in the latest quarter, what does that mean for Apple's total shipments?
On Thursday, Wells Fargo mulled that Apple's total iPhone sales could reach 33.5 million units, which is slightly above the firm's 31.7 million estimate. That takes into consideration Verizon accounting for roughly 12.2 percent of total sales in the quarter.
Morgan Stanley's Katy Huberty is a little more bullish on potential iPhone sales. First, Huberty took Verizon's number and extrapolated that into volume of about... More
October 18, 2013 6:40 AM EDT
Deutsche Bank upgraded Verizon Communications (NYSE: VZ) from Hold to Buy with a price target of $56.00 (from $49.00). Analyst Brett Feldman noted strong momentum despite competition.
"Our positive view is based on 3 key factors. (1) Wireless operating momentum looks sustainable; the opportunity to grow... More
October 17, 2013 1:16 PM EDT
Wells Fargo is comfortable with its 31 million September quarter unit estimated on Apple (Nasdaq: AAPL) iPhones and sees potential for upside. Comments follow statements from Verizon (NYSE: VZ).
"Verizon noted on its earnings call this morning that iPhone activations were 51% of smartphone activations (or roughly 3.9mm... More
October 16, 2013 6:52 AM EDT
Apple (Nasdaq: AAPL) shares could be headed lower Wednesday following news that the company is cutting orders on one of its key products.
The WSJ said that Apple has trimmed orders for its iPhone 5c in Q4 with Taiwan-based suppliers Pegatron and Hon Hai Precision (Foxconn). Sources said the move might be due to weaker demand from its pricing strategy.
Pegatron -- which assembles about two-thirds of Apple iPhones -- said... More
October 14, 2013 2:08 PM EDT
While naysayers might have said that the Apple (Nasdaq: AAPL) iPhone 5c was priced too high for lower-income users to reach, the company might not have to worry about that. Well, right now anyway.
AllThingsD (ATD) today cites Consumer Intelligence Research... More
