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Apple's iPhone 6 May Be Poised For Record-Breaking Q4 Results
Monday, October 20, 2014 - 1:08pm | 623Most investors will be looking to the iPhone 6 when Apple Inc. (NASDAQ: AAPL) reports earnings after Monday's close. The new handset sold 10 million units in one weekend -- more than any other smartphone, including other iPhones. Did the record-breaking sales continue in the weeks that...
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Spotify Vs. Beats Music: Which Should Apple Acquire?
Friday, May 16, 2014 - 1:33pm | 743Apple (NASDAQ: AAPL) was expected to announce that it had acquired Beats Electronics for $3.2 billion this week, but that deal was reportedly put on hold. The unconfirmed merger is now expected to be announced during the week of May 19. That just happens to be the same week that Microsoft will...
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Are Apple Execs Begging For A 'Radically New' Product?
Friday, May 16, 2014 - 12:15pm | 479The Mac maker has not introduced a new product category since the original iPad was released in April 2010. Since that time, Apple (NASDAQ: AAPL) has upgraded its tablet four times (two of which occurred in the same year) and released two ‘mini' variations. Apple also revised the MacBook Air...
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What Else Could Apple Do With Its Fingerprint Scanner?
Monday, March 10, 2014 - 11:32am | 440Last week it was revealed that Apple (NASDAQ: AAPL) had filed a patent that could bring additional features to the iPhone 5S' fingerprint scanner. That, however, is just the tip of the iceberg. While the scanner was originally employed to bring a new degree of security to smartphones, Apple could...
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Retailers Vie for the Best iPhone 5C Discounts
Thursday, December 12, 2013 - 4:37pm | 898Wal-Mart (NYSE: WMT) will sell the Apple (NASDQ: AAPL) iPhone 5C for $27 on Friday. But the deal will only be offered to those who sign a two-year contract with Verizon (NYSE: VZ) or AT&T (NYSE: T) and does not apply to other carriers. According to the LA Times, this is the lowest price...
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Analyst: iPad Competition Will 'Gradually Eat Into Apple's Product Supremacy'
Tuesday, December 10, 2013 - 8:19am | 473ABG Sundal Collier analyst Per Lindberg is not convinced that the iPad Air and iPad Mini with Retina Display will sustain their success. "I think there will be initial excitement, as always with Apple products," Lindberg told Benzinga. "But I think the competition will gradually eat into Apple's...
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ABG Sundal Collier Reiterates on Apple on Approaching Points of Saturation
Tuesday, October 29, 2013 - 10:04am | 190In a report published Tuesday, ABG Sundal Collier analyst Per Lindberg reiterated a Sell rating and $400.00 price target on Apple (NASDAQ: AAPL). In the report, ABG Sundal Collier noted, “In reaction to the fourth quarter results, we are likely to modestly lift sales and earnings estimates for the...
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UPDATE: ABG Sundal Collier Downgrades Apple Following Icahn Announcement
Tuesday, September 3, 2013 - 8:29am | 153In a report published Tuesday, ABG Sundal Collier analyst Per Lindberg downgraded the rating on Apple (NASDAQ: AAPL) from Hold to Sell, but reiterated the $400.00 price target. In the report, ABG Sundal Collier noted, “While Carl Icahn's announcement of a ‘major' investment may inspire hopes of an...
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Apple Goes After Japanese Market With New Tokyo Outlet (AAPL)
Wednesday, August 28, 2013 - 4:40pm | 509Apple's (NASDAQ: AAPL) international expansion is slated to continue with a new retail presence in Tokyo, Japan. The Mac maker has not opened a store in Tokyo since 2005. According to Bloomberg, the lengthy hiatus will come to an end in March 2014. This news comes after a report claimed that NTT...
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Apple Acquired AuthenTec To Become The 'Champion Of Mobile Commerce' (AAPL)
Tuesday, August 20, 2013 - 10:44am | 483Last year, Apple (NASDAQ: AAPL) made a massive investment in fingerprint scanning technology. Instead of spending a small sum of money to acquire a startup (which is very common for the company), Apple paid $365 million to acquire AuthenTec. Before the acquisition, AuthenTec worked with companies...
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Apple's iPhone 5S, iPhone 5C Planned For September Launch? (AAPL)
Monday, August 19, 2013 - 3:54pm | 460Apple (NASDAQ: AAPL) has not yet confirmed when the next iPhone will be released. The company will not say whether or not the high-end model will be accompanied by a low-cost iteration. Nonetheless, there have been claims by analysts that Apple will hold an event on September 10 and release two...
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Apple Cannot Afford To 'Degrade Its Premium Pricing Status' With iPhone 5C (AAPL)
Monday, August 19, 2013 - 3:23pm | 392Apple (NASDAQ: AAPL) may be developing a lower-cost iPhone, but that does not mean the device will be cheap. New rumors claim that the hugely popular iPhone 4S will not be replaced when the iPhone 5S (the unconfirmed name of the next-generation iPhone) and iPhone 5C (the speculated name of the low...
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ABG Sundal Collier Reiterates Hold Rating on Apple Following Icahn Announcement
Wednesday, August 14, 2013 - 11:24am | 305In a report published Wednesday, ABG Sundal Collier analyst Per Lindberg reiterated a Hold rating and $400.00 price target on Apple (NASDAQ: AAPL). In the report, ABG Sundal Collier noted, “While Carl Icahn's announcement of a ‘major' investment may inspire hopes of an accelerating buyback...
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Apple Teams With Samsung To Build iPad Mini Retina Display (AAPL, SSNLF)
Thursday, August 1, 2013 - 11:12am | 576Apple (NASDAQ: AAPL) and Samsung (OTC: SSNLF) may not be the best of friends, but they might continue to work together in 2013. According to The Wall Street Journal, Apple has added Samsung to its list of suppliers to build a Retina Display for the second-generation iPad Mini. Apple had...
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UPDATE: ABG Sundal Collier Lowers PT on Golar LNG Limited Following Lowered Estimates
Friday, July 5, 2013 - 9:30am | 216In a report published Friday, ABG Sundal Collier analyst Marius Magelie reiterated a Sell rating on Golar LNG Limited (NASDAQ: GLNG), but lowered the price target from $33.00 to $29.00. In the report, ABG Sundal Collier noted, “With Golar LNG having 12 unfixed modern/newbuild LNGCs, shipping is...