Analyst: Apple Watch a $26B Business by 2018

11:37 AM, Mar. 5th, 2015 · · Apple Stock Watch

Apple Watch could be a US$26 billion business for Apple in only three years, according to Deutsche Bank analyst Sherri Scribner. She thinks Apple will outsell all other smartwatch makers after Apple Watch ships in the coming weeks, although she sees only a limited impact on Apple's overall business from smartwatch sales.

The Mac Observer Spin The Mac Observer Spin is how we show you what our authors think about a news story at quick glance. Read More →

It's interesting to see analysts saying Apple's entry into the smartwatch market will be a huge success, but that the company won't be as successful overall because it refuses to join the race to the bottom in the smartphone market.

Morgan Stanley Says AAPL’s Market will Grow to $3.4 Trillion

11:01 AM, Mar. 2nd, 2015 · · Apple Stock Watch

Apple's US$800 billion market could grow to $3.4 trillion in the next five years, according to Morgan Stanley analyst Katy Huberty, because every aspect of the iPhone and iPad maker's business is poised to expand even more. That growth will come because Apple is poised to be a bigger part of our daily lives with Apple Watch, Apple Car, and Apple TV.

The Mac Observer Spin The Mac Observer Spin is how we show you what our authors think about a news story at quick glance. Read More →

Here's the translation: If Apple makes it the money will come, no matter what the product may be.

Analyst: Apple Watch Edition to Cost $950

10:01 AM, Feb. 27th, 2015 · · Apple Stock Watch

Citigroup analyst Jim Suva weighed in with his expectations for Apple Watch pricing following the news that Apple is hosting a media event on March 9. Apple already announced pricing will start at US$349—presumably for the Apple Watch Sport—and he thinks Apple Watch will cost $550 while the Apple Watch Edition will be priced at $950. He's also pegging April 16 as the smartwatch's official release date.

The Mac Observer Spin The Mac Observer Spin is how we show you what our authors think about a news story at quick glance. Read More →

Mr. Suva's $950 price point for the gold Apple Watch Edition is surprisingly low compared to the general consensus that it won't start below $5,000 and could cost more than $10,000. We'll have to wait until Apple's March 9 media event where Apple Watch pricing is expected to be announced to see how close he really is.

Canaccord Raises AAPL Target to $145, Cites iPhone 6 Market Dominance

10:28 AM, Feb. 9th, 2015 · · Apple Stock Watch

The iPhone 6 and iPhone 6 Plus are drawing Android smartphone users into the Apple camp, and the company took in 93 percent of the smartphone market's profits, too. Canaccord Genuity analyst Michael Walkley thinks Apple will continue to dominate the smartphone market, so he's raising his target price for the company's stock from US$135 up to $145.

The Mac Observer Spin The Mac Observer Spin is how we show you what our authors think about a news story at quick glance. Read More →

Canaccord's Michael Walkley thinks Apple will sell between 210 million and 215 million iPhones a year between now and 2018. That's a lot of smartphones for competitors to try to match.

Wall Street Continues Apple Love Fest as $AAPL Closes at $118.90

6:14 PM, Jan. 29th, 2015 · · Apple Stock Watch

Shares of Apple Inc. ended Thursday at US$118.90 per share, just shy of its all-time closing high of $119.75 set on November 25th, 2014. Investors continued to pile on the love for the company two after its December quarter earnings report, giving the company a market capitalization of $692.6 billion.

Apple Ups the Secrecy with Wall Street

7:46 PM, Jan. 27th, 2015 · · Apple Stock Watch

Shhh....

Apple continued to up its vaguery game when it comes to Wall Street on Tuesday, eliminating two more categories of numbers from what it breaks out. For the December quarter—Apple's first fiscal quarter—Apple didn't report iPod unit sales.

Apple Smashes Expectations with $74.6 Billion December Quarter [Update]

4:35 PM, Jan. 27th, 2015 · · Apple Stock Watch

$AAPL Chart

Apple announced earnings for its first fiscal quarter on Tuesday, and the company smashed expectations. Apple reported revenue of $74.6 billion and earnings of $18 billion—earnings per share (EPS) clocked in at $3.06. Consensus estimates were for $63.48 billion in revenue with earnings per share of $2.60. The article was updated with additional information.

Apple Earnings Report and Conference Call Tuesday

7:14 PM, Jan. 26th, 2015 · · Apple Stock Watch

$AAPL

Snow is engulfing large portions of the U.S., but Wall Street waits for no man or woman, especially when they're based in California. Accordingly, Apple will announce earnings Tuesday after the markets close at 4:00 PM EST. Apple usually publishes earnings at 4:30 PM, and the company will host its quarterly call with analysts at 5:00 PM.

High iPhone 6 Demand has RBC Raising its AAPL Target to $123

11:43 AM, Jan. 16th, 2015 · · Apple Stock Watch

Demand for Apple's iPhone 6 and iPhone 6 Plus is still higher than RBC Capital analysts expected, so they're raising their target price for the company's stock from US$120 up to $123. The bump comes ahead of Apple's January 27 quarterly earnings report where iPhone sales figures are expected to be high thanks to holiday shoppers.