Oppenheimer Upgrades Apple (AAPL) to Outperform; iPhone 6/6 Plus Launch Seen as Major Success
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All Eyes on Uncle Carl Ahead of Apple (AAPL) Open Letter
October 9, 2014 7:47 AM EDTApple (NASDAQ: AAPL) traders will be paying close attention to Carl Icahn's Twitter feed (and Facebook and Tumblr) today in anticipation of his "open letter" to CEO Tim Cook.
Yesterday, Mr. Icahn informed the world via his Twitter account that "Tmrw well be sending an open letter to @tim_cook. Believe it... More
Production of Apple's (AAPL) Larger iPad Said Delayed into Early 2015
October 9, 2014 6:27 AM EDTProduction of Apple's (NASDAQ: AAPL) larger iPad tablet is said to have hit a snag.
The WSJ reported on Thursday that suppliers have pushed back production of the upcoming device until early in 2015. The original plan for the bigger iPad... More
BofA/Merrill Lynch Upgrades Apple (AAPL) to Buy; Sees iPhone Super Cycle
October 7, 2014 6:25 AM EDTBofA/Merrill Lynch reinstated coverage on Apple (NASDAQ: AAPL) Tuesday, upgrading shares from Neutral to Buy with a price target of $120.00 (up from $98).
Analyst Wamsi Mohan cited (1) an iPhone "super cycle" of 195mn units in F15, up 16% Y/Y driving our estimates of $220bn/$7.86 vs. Street at $200bn/$7.27, and (2) multi-quarter gross margin... More
Apple (AAPL) PT Lifted to $120 at Susquehanna on Richer iPhone Mix
October 7, 2014 6:14 AM EDTSusquehanna analyst Chris Caso raised his price target on Positive-rated Apple (NASDAQ: AAPL) to $120.00 (from $115.00) after raising estimates after checks showed that production forecasts for iPhone 6 Plus are significantly abovec earlier estimates.
"We conducted a fresh round of supply chain checks over the past few days in order to get a sense of how AAPL's supply chain has reacted to what appears to be a... More
