Analyst: Apple Watch to be Apple’s Best Selling New Product

11:09 AM, Apr. 29th, 2015 · · Apple Stock Watch

Apple Watch inventory may be severely limited right now, but that won't stop it from becoming the best selling new device in the company's history. Cantor Fitzgerald analyst Brian White thinks Apple Watch will outpace all other new product launches, and he says Apple is innovating on a scale unlike anything it's done before.

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Brian White says Apple Watch will be the company's most successful product launch ever, and he thinks their current innovation streak could lead to personal robots. Please, oh please, let that come true.

After Hours Market Likes Apple’s Record Q2 Earnings

6:26 PM, Apr. 27th, 2015 · · Apple Stock Watch

$AAPL

Shares of Apple Inc. traded higher in the after hours market, as investors voted with their dollars on the company's second quarter results. $AAPL was trading at $134.40 per share, a gain of $1.75 (+1.32 percent), as of this writing.

Apple Reports Record 2nd Quarter with 61.1 Million iPhones Sold

5:01 PM, Apr. 27th, 2015 · · Apple Stock Watch

$AAPL

Apple reported on Monday a blowout March quarter, the company's second fiscal quarter. Apple reported revenues of US$58 billion with earnings of $13.6 billion, or $2.33 earnings per share (EPS). This was fueled by record Q2 iPhone sales of 61.2 million units, a 40 percent increase year over year. iPhone revenue was 55 percent higher year over year. Gross margins came in at 40.8 percent.

AAPL Q2 2015 Earnings Report Set for Today

8:59 AM, Apr. 27th, 2015 · · Apple Stock Watch

Apple will host its second fiscal quarter earnings report for 2015 Monday afternoon after the market closes. The conference call with Apple executives and financial analysts is set to start at 5PM eastern time, and The Mac Observer will be here with our usual as-it-happens coverage and analysis.

Raymond James Downgrades AAPL Because Apple Watch isn’t Insanely Great

11:42 AM, Apr. 10th, 2015 · · Apple Stock Watch

Raymond James analyst Tavis McCourt downgraded Apple from "Outperform" to "Market Perform" on Friday over concerns that Apple Watch won't live up to investor expectations. His concern is that, following early product reviews, Apple Watch won't hit the "insanely great benchmark."

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Apple seems to have sold through its Apple Watch inventory fairly quickly. Either Apple made almost none and the few people who wanted the company's new smartwatch snapped one up right away, or there's more interest than Raymond James analyst Tavis McCourt thinks.

Apple Will Announce Q2 Earnings April 27th

6:46 PM, Mar. 30th, 2015 · · Apple Stock Watch

Apple Will Announce Q2 Earnings April 27th

Apple set the date for its Q2 earnings report for April 27th. The company said on Monday it will host its quarterly conference call with analysts starting at 5:00 PM EDT.  All eyes will be on iPhone numbers.

Analyst: AAPL on Track to Hit $1 Trillion Market Cap

9:18 AM, Mar. 24th, 2015 · · Apple Stock Watch

Cantor Fiztgerald analyst Brian White thinks Apple's future is so bright that he raised his 12-month target price for the company's stock from US$160 up to $180, which would put its market cap up over $1 trillion. He said the launch of Apple Watch, iPhone growth in China, and the iPhone and iPad maker's potential with its rumored electric car will all help to push the stock value higher.

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Apple seems to be the darling of Wall Street and most analysts are very optimistic about the company's future. Topping the trillion dollar market cap mark would be huge for Apple.

Analyst: Apple TV Network won’t bring big Margins

11:52 AM, Mar. 18th, 2015 · · Apple Stock Watch

Apple's plans for a streaming content network won't bring the company big money, but will help keep more consumers in the company's hardware ecosystem. Wells Fargo analyst Maynard Um thinks the costs of bringing quality content to viewers will leave Apple with slim margins for its rumored online television service.

Dow Jones Industrial Average Drops AT&T for Apple

10:00 AM, Mar. 6th, 2015 · · Apple Stock Watch

The Dow Jones Industrial Average is hanging up on AT&T and bringing Apple on board in its place. The change will happen on March 18 and will more accurately reflect the overall market, according to Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices David Blitzer.

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Apple seemed like a natural for the Dow, so it isn't a big surprise seeing that happen now.