Apple (AAPL) Watch $15-$60 Billion Revenue Opportunity - Deutsche Bank

Go back to Apple (AAPL) Watch $15-$60 Billion Revenue Opportunity - Deutsche Bank

Apple (AAPL) Watch 'Buries the Competition', Could Be Bigger than iPad - Needham & Company

September 10, 2014 12:42 PM EDT

Needham & Company analyst Charlie Wolf weighed in on Apple (NASDAQ: AAPL) following the introduction of the Apple Watch. Wolf said the Apple Watch "buries the competition" and sees the device potentially becoming bigger than the iPad.

Wolf highlighted the watch's digital crown, "the new... More

Apple (AAPL) iPhone News 'In-Line', Apple Pay 'Better', Apple Watch a Wildcard - Bernstein

September 10, 2014 8:35 AM EDT

Bernstein analyst Toni Sacconaghi reiterated an Outperform rating and $108 price target on Apple (NASDAQ: AAPL) after the company introduced the iPhone 6 and 6+, an Apple Watch, and Apple Pay.

On the iPhone, Sacconaghi said it was "were very much in line with expectations most notably, however, China is absent from Apple's initial country rollout, potentially hinting at some supply constraints relative to last year's launch." He added, "Apple only raised price (by $100) on its 5.5" model, while retaining price on the 4.7" device, raising the question of whether the company can sustain gross... More

Apple (AAPL) PT Raised to $115 at FBN Securities

September 10, 2014 8:11 AM EDT

FBN Securities analyst Shebly Seyrafi reiterated an Outperform rating and raised Apple (NASDAQ: AAPL) price target of $115.00 (from $110.00) following the iPhone 6 (and 6 Plus), Apple Watch, and Payments. While raising estimates the analyst is somewhat disappointed about the timing of the... More

Apple (AAPL) Launch Called 'Impresive'; Price Target Raised to $115 at Goldman Sachs

September 10, 2014 7:30 AM EDT

Goldman Sachs reiterated a Buy rating on Apple (NASDAQ: AAPL) and raised its price target to $115.00 (from $107.00). Analyst Bill Shope said its new product launch yesterday was impressive and met high expectations.

"Apple announced several new products and services at its event in Cupertino, CA, including the iPhone 6 and iPhone 6 Plus, Apple Pay, and Apple Watch. We... More

Sprint (S) Entices Potential iPhone 6/6+ Buyers with Discounted Unlimited Leasing Plan

September 10, 2014 7:27 AM EDT

Sprint (NYSE: S) is starting a fairly enticing plan called iPhone for Life.

Under the plan, users pick an Apple (Nasdaq: AAPL) iPhone 6 or iPhone 6+, pay nothing, and get unlimited talk, text, and data... More

Pacific Crest Downgrades Apple (AAPL) to Sector Perform

September 10, 2014 7:22 AM EDT

Pacific Crest downgraded Apple (NASDAQ: AAPL) from Outperform to Sector Perform with a price target of $100 (unchanged). The analyst said the new products lack massive profit drivers.

NOTE: The downgrade may not come as a complete surprise as the analyst... More

Apple's New Products Positive for Synaptics (SYNA) and SanDisk (SNDK), Neutral for Micron (MU) - Needham & Company

September 10, 2014 7:18 AM EDT

Needham & Company analyst Rajvindra Gill views Apple's new product announcements as a positive for Synaptics (NASDAQ: SYNA) and NAND player SanDisk Corporation (NASDAQ: SNDK), while neutral for Micron (NASDAQ: MU).

"We believe Apple's new product announcement further confirms our thesis that SYNA will benefit from continued fingerprint sensor adoption as mobile payments become more... More

Fossil (FOSL) and Apple (AAPL) Watch Can Co-Exists, Jefferies Says

September 10, 2014 7:03 AM EDT

Jefferies analyst Randal Konik reiterated a Buy rating and $140 price target on Fossil (NASDAQ: FOSL) amid news of the Apple (NASDAQ: AAPL) watch. The analyst believes they can co-exist.

Konik comments, "Look, the... More

Apple (AAPL) Launches Most Important of Cook Era - Susquehanna

September 10, 2014 6:46 AM EDT

Susquehanna analyst Chris Caso reiterated a Positive rating and $115 price target on Apple (NASDAQ: AAPL) following the launch of the iPhone 6, iPhone 6 Plus, Apple Watch, and Apple Pay.

Caso commented, "AAPL product launches yesterday were clearly the most important in the Tim Cook era, which we think... More

Larger Apple (AAPL) iPhone Likely to Be Well Received by Market, BMO Capital Says

September 10, 2014 6:33 AM EDT

BMO Capital analyst Keith Bachman weighed in on Apple (NASDAQ: AAPL) after the company announced the launch of the iPhone 6, iPhone 6 Plus, Apple Watch, and Apple Pay.

"We continue to believe that the larger screen size iPhones will be well received by... More

Cowen Comments on Apple (AAPL) Following Sept. Event; Apple Pay Should Exploit Fragmented Android OS (GOOG)

September 10, 2014 6:26 AM EDT

Cowen and Company maintains Apple (Nasdaq: AAPL) with an Outperform rating and target price of $106 following the company's iPhone 6/Watch/Apple Pay event on Tuesday.

Analyst Timothy Arcuri offered the following commentary on Apple's new products:From a high level, launch of 4.7" iPhone 6, 5.5" iPhone 6+, Apple Watch, and a big new payments initiative (Apple Pay), the company checked all boxes.

Among all key iPhone technical improvements (20nm A8, M8 w/elevation +distance, 20 LTE bands w/CA, 802.11ac, VoLTE, and WiFi calling), the new camera image processing stands... More

Microsoft (MSFT) Said in Talks to Acquire 'Minecraft' Maker Mojang for $2B+

September 9, 2014 6:44 PM EDT

(Updated - September 10, 2014 7:47 AM EDT)

Microsoft (Masdaq: MSFT) is an advanced talks to acquire Minecraft maker, Mojang, in a deal that could be worth over $2 billion.

The WSJ reported Tuesday night that the deal between Microsoft and Mojang could be completed as soon as this week.

Many industry watchers note that the move would be surprising. Mojang founder Markus Persson has... More

Market Wrap: Apple Brings Innovation Back; Suppliers Hamper McDonald's Outlook; Barnes & Noble Sees Interest in NOOK

September 9, 2014 5:24 PM EDT

Market wrap for September 9th

End of the Day: S&P 500 down 13.1 to 1,988.44; Dow Jones down 97.6 to 17,013.87; Nasdaq down 40.0 to 4,552.29

* Apple (Nasdaq: AAPL) held its big device event today. Included were larger versions of the iPhone, called the iPhone 6 and iPhone 6 Plus. There was also Apple Pay and an Apple smartwatch called the Apple "Watch." Overall, it was an exciting day for tech fans given the various companies that can benefit from working with Apple. For more on the iPhone 6... More

Apple (AAPL) Calls Watch 'Most Personal Product We've Ever Made'

September 9, 2014 4:44 PM EDT

Today Apple (NASDAQ: AAPL) announced the Apple Watch. The device, which will work with your iPhone, will be available in early 2015 starting at $349. The company called it "the most personal product we've ever made, because its the first one... More

Innovation Back at Apple (AAPL) Following Three-Year Pause - Global Equities

September 9, 2014 4:18 PM EDT

Global Equities Research issued initial commentary on Apple (Nasdaq: AAPL) following today's iPhone 6 and Apple Watch event.

Analyst Trip Chowdhry noted the following items:

Apple Watch:Ground breaking User Interface - now we know what the ex-CTO of Adobe was up to at Apple
Android Wear is probably back to the drawing board - it is no match to Apple Watch
Apple Watch Kit for developers to create... More

Apple's (AAPL) Live Event Generates Millions of Posts on Twitter (TWTR)

September 9, 2014 3:44 PM EDT

More than 2.4 million posts were made to Twitter (NYSE: TWTR) regarding Apple's (Nasdaq: AAPL) iPhone and Watch event today. Posts were counted with the tag #AppleLive, so we suspect there were a lot more floating around.

Other... More

Apple (AAPL) Turns Negative Following iPhone 6, Apple Watch Event

September 9, 2014 3:10 PM EDT

Apple (NASDAQ: AAPL) shares give up gains following iPhone, Apple Watch event. The stock is now down 1.5 percent.

... More

U2's New Album, 'Songs of Innocence,' Debuting Exclusively on Apple iTunes (AAPL)

September 9, 2014 3:06 PM EDT

Apple (Nasdaq: AAPL), Universal Music Group and legendary rock band U2 announced the release of the album Songs of Innocence, which Apple is gifting to iTunes Store customers around the world, making it the largest album release ever with over half a billion copies distributed. The album features 11 new songs from the band and charts their earliest influences from 70s rock and punk rock to early 80s electronica and soul. The album is free for iTunes Store account holders in 119 countries and is available exclusively on iTunes® for the next five weeks.

From... More

Apple (AAPL) iOS 8 Coming Sept. 17th

September 9, 2014 2:52 PM EDT

Apple (Nasdaq: AAPL) announced iOS 8, the biggest release since the launch of the App Store, will be available starting Wednesday, September 17 to iPhone®, iPad® and iPod touch® users as a free software update. iOS 8 delivers a simpler, faster and more intuitive user experience with new Messages and Photos features, predictive typing for Apples QuickType keyboard and Family Sharing. iOS 8 also includes the new Health app, giving you a clear overview of your health and fitness data and iCloud Drive, so you can store files and access them from anywhere. With more than 4,000 new APIs, iOS 8... More

Apple (AAPL) Debuts New 'Apple Pay' Mobile Payment Platform

September 9, 2014 2:51 PM EDT

Apple (NASDAQ: AAPL) announced Apple Pay, a new category of service that will transform mobile payments with an easy, secure and private way to pay. Apple Pay works with iPhone® 6 and iPhone 6 Plus through a groundbreaking NFC antenna design, a dedicated chip called the Secure Element, and the security and convenience of Touch ID. Apple Pay is easy to set up, so hundreds of millions of users can simply add their credit or debit card on file from their iTunes Store® account. Apple Pay will also work with the newly announced Apple Watch, extending... More

Apple (AAPL) Debuts New iPhone 6, iPhone 6 Plus

September 9, 2014 2:46 PM EDT

Apple (Nasdaq: AAPL) announced iPhone 6 and iPhone 6 Plus, the biggest advancements in iPhone history, featuring two new models with stunning 4.7-inch and 5.5-inch Retina HD displays, and packed with innovative technologies in an all-new dramatically thin and seamless design. The new iPhones feature a precision unibody enclosure of anodized aluminum that conforms seamlessly with the shaped glass of the display, resulting in a completely smooth and continuous surface. iPhone 6 and iPhone 6 Plus are engineered to be the thinnest ever, delivering a bigger display in a design that is still comfortable to hold... More