Tag Archives: aapl

Apple’s Rumored 10% Order Cut Not ‘The End:’ Analyst

Apple (AAPL) chip suppliers tumbled Tuesday on Wall Street after the iPhone 6S maker reportedly cut its November orders by 10% to cope with waning Asian demand. The cuts were “sooner and deeper” than anticipated, Credit Suisse analyst Kulbinder Garcha wrote in a research report. Wall Street initially viewed a 5% chop off December orders. Garcha shaved 6% off his calendar 2016 earnings per share (minus items) estimate to $9.81, but reiterated an

Apple 2016 predictions: Streaming TV service, car investments

With the new year approaching, Wall Street analysts are beginning to make predictions about what to expect from consumer electronics giant Apple (AAPL) in 2016. FBR analyst Daniel Ives on Monday came out with his “five key predictions for Apple in 2016.” Apple has a number of growth drivers that should propel it to a healthy fiscal 2016 and beyond, Ives said. Here are his five Apple predictions for next year: 1. iPhone Sales Will Surprise Apple’s

Apple iPad Pro aims to tap enterprise tablet market

Apple (AAPL) will finally unleash its big-screen iPad Pro on Wednesday, but the big question is whether the new device will help reverse the company’s declining tablet sales. The Cupertino, Calif.-based company announced Monday that the 12.9-inch iPad Pro will be available for order online Wednesday and will arrive at Apple stores and select retailers starting later this week. The iPad Pro’s marquee accessories — the Apple Pencil stylus and Smart