Apple (AAPL), China Mobile Deal Still Forthcoming, BMO Says; Deal Likely Before Chinese New Year

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Apple (AAPL) PT Lifted to $650 at Susquehanna on Positive iPhone 5S Mix

December 19, 2013 7:36 AM EST

Susquehanna analyst Chris Caso reiterated a Positive rating, raised estimates and and boosted his price target on on Apple (NASDAQ: AAPL) from $625 to $650 Thursday following supply chain checks, which indicate a significant production shift from iPhone 5C to 5S.

"Most notable from our checks are a significant production shift from iPhone 5C to 5S," Caso notes. "While the total number of iPhones in the December quarter are in-line with our expectations, the production changes imply a much stronger mix... More

Apple (AAPL) Slapped on a Double Dose of Negative News

December 18, 2013 7:20 AM EST

(Updated - December 18, 2013 8:34 AM EST)

Shares of Apple (NASDAQ: AAPL) are weaker in pre-open trade Wednesday as two items weigh. First, supplier Jabil (NYSE: JBL) posted a weak quarter and outlook and its shares are getting crushed to the tune of 19%. Second, a China Mobile (NYSE: CHL) deal has not been announced as expected.

On Jabil, the contract manufacturer reported Q1 EPS of $0.51, $0.04 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $4.6 billion versus the... More

Apple (AAPL) Estimates Raised, Price Target Hiked to $650 at Jeffereis Following Latest Survey

December 16, 2013 6:49 AM EST

Jefferies analyst Peter Misek raised estimates and his price target on Buy-rated Apple (NASDAQ: AAPL) from $600 to $650 following their quarterly smartphone, tablet and PC survey.

Misek sees solid calendar fourth quarter (CQ4) results and raised calendar Q1 (CQ1) builds due to China Mobile.

For CQ4, Misek comments: "... our survey results were solid for AAPL with stable trends vs. CQ3. Our proprietary Apple Supplier Tracker, based on Taiwanese... More