Apple (AAPL) PT, Estimates Raised at Nomura; 'Neutral' Maintained

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Apple (AAPL) Estimates, PT Lifted at Canaccord Genuity Post Q2

April 24, 2014 8:58 AM EDT

Canaccord Genuity analyst Michael Walkley reiterated a Buy rating and boosted his price target on Apple (NASDAQ: AAPL) from $600 to $610 following strong Q2 results.

Walkley said With stronger iPhone sales than anticipated due to share gains in China and other emerging markets... More

Deutsche Bank Comments on Apple's (AAPL) Q2

April 24, 2014 8:37 AM EDT

Deutsche Bank maintained a Buy rating on Apple (NASDAQ: AAPL) with a price target of $650.00. Comments follow Q2 results.

Analyst Sherri Scribner said, "iPhone unit sales were a positive surprise this Q, as AAPL benefit from growth... More

CLSA Upgrades Apple (AAPL) to Buy

April 24, 2014 7:52 AM EDT

CLSA upgraded Apple (NASDAQ: AAPL) from Outperform to Buy with a price target of $695.

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 $524.75 yesterday.

... More

Apple (AAPL) iPhone Business Healthy Into Major Product Refresh - Piper Jaffray

April 24, 2014 7:27 AM EDT

Piper Jaffray analyst Gene Munster reiterated his Overweight rating and $640 price target on Apple (NASDAQ: AAPL) following Q2 results saying iPhone growth reassures that business is largely healthy into cycle.

Munster comments, "We continue to recommend owning AAPL into new products... More

Apple (AAPL) Price Target Raised to $620 at Goldman Sachs; Analyst Notes Strength in Platform

April 24, 2014 6:53 AM EDT

Goldman Sachs maintained a Buy rating on Apple (NASDAQ: AAPL) and raised its price target to $620.00 (from $610.00). Analyst Bill Shope said Apple's platform showed its strength.

"Apple reported hefty 2Q14 upside, with revenues of $45.65 billion exceeding our estimate of $43.88 billion and consensus of $43.53 billion, and EPS of $11.62 surpassing our estimate of $10.42 and consensus of $10.18. The upside was... More

Apple (AAPL) Estimates Raised at Jefferies Post Q2; Buy Ahead of iPhone 6 Launch

April 24, 2014 6:47 AM EDT

Jefferies analyst Peter Misek raised estimates while reiterating a Buy rating and $625 price target on Apple (NASDAQ: AAPL) following strong Q2 results driven by very strong iPhone sales.

Misek comments, "iPhones were much stronger than expected with sell-through accelerating to... More

Apple (AAPL) PT, Estimates Lifted at BMO Capital Following Strong Q2

April 24, 2014 6:37 AM EDT

BMO Capital analyst Keith Bachman boosted estimates and his price target on Outperform-rated Apple (NASDAQ: AAPL) from $565 to $610. following strong Q2 results which had gross margins of 39.3% versus the 37.5% they were expecting. Moreover, iPhone ASPs moved lowered by $48 q/q, while iPad ASPs... More

Apple, Inc. (AAPL) Tops Q2 EPS by $1.44; Announces 7-for-1 Stock Split

April 23, 2014 4:31 PM EDT

(Updated - April 23, 2014 4:35 PM EDT)

Apple, Inc. (NASDAQ: AAPL) reported Q2 EPS of $11.62, $1.44 better than the analyst estimate of $10.18. Revenue for the quarter came in at $45.6 billion versus the consensus estimate of $43.53 billion.

Apples sees Q3 revenue between $36 billion and $38 billion, versus the consensus of $37.87 billion. They see gross margin between 37 percent and 38 percent.

Were very proud of our quarterly... More