Apple (AAPL): Profit Taking Could Prove Costly, Says Cantor
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September 15, 2014 12:25 PM EDT
BMO Capital analyst Keith Bachman weighed in on Apple (NASDAQ: AAPL) after the company announced record pre-orders for the iPhone 6 and iPhone 6 Plus that exceeded 4 million units in the first 24 hours.
Looking at comparable to prior launches Bachman noted first day pre-orders of over 4 million units of the iPhone 6/Plus, compares with pre-order units of over 2 million of the iPhone 5 in 2012, 1 million of the iPhone 4s in 2011, and 600,000 of the... More
September 15, 2014 8:17 AM EDT
Apple (Nasdaq: AAPL) is set to make a nice chunk of change from its Apple Pay initiative.
The Financial Times reported over the weekend that Apple will get 15 cents from every $100 worth of transactions via Apple Pay. This is something that other... More
September 15, 2014 8:01 AM EDT
"It was a terrific day for our customers and us. This is our biggest iPhone, pre-order launch day ever," said Glenn Lurie, president and CEO of AT&T Mobility (NYSE: T). "When you combine our best-pricing, the nation's most reliable 4G LTE network1,... More
