Tag Archives: aapl

Apple bear turns bullish after iPhone Upgrade Program

After at least six months rating Apple (AAPL) stock as hold, S&P Capital IQ turned bullish on it Wednesday, upgrading the stock to a strong buy. Apple’s entry into the mobile phone financing business with its iPhone Upgrade Program is a “notable positive” for the company, S&P analyst Angelo Zino said in a research report. He has a 12-month price target of 150 on Apple shares. Apple stock was down a fraction near 116 in afternoon trading on the

Apple Ad Blocker No Worry For Ad Firms? Criteo Jumps

Today’s launch of Apple’s (AAPL) iOS 9 operating system eases the way for mobile device users to install Web ad-blocking services, but it’s no big deal for digital ad-serving firm Criteo (CRTO), says a Wednesday report from Pacific Crest Securities. “Ad blocking has seen no impact to date, even though it has been around for some time,” Pacific Crest analyst Evan Wilson wrote in a report after a meeting the investment bank hosted Tuesday between

Apple iPhone 6S Costs $234 In Chips, Other Components

Apple (AAPL) is paying about $234 for the parts used in making the 64-gigabyte iPhone 6S, based on research estimates from Bank of America Merrill Lynch, excluding manufacturing and distribution costs. The retail price of an unlocked version of the phone is $749. The largest costs are the chips, accounting for $127, or 54% of the total. This figure includes $35 for cellular radios, $25 for Apple’s new 64-bit A9 processor, $22 for various sensors