Tag Archives: aapl

Facebook Said To Be Testing Rival To Siri, Google Now

Facebook (FB) is reportedly testing a digital personal assistant within its Messenger service. With the feature, internally dubbed “Moneypenny” — a la M’s assistant in James Bond lore — users can source real people “for help researching and ordering products and services, among other tasks,” according to tech-news website The Information, which first reported the news. No launch details are known so far. The feature brings to mind Apple’s (AAPL)

Apple Risk Not Cable TV Stock Killer: Analyst

Apple (AAPL) could grab up to 20 million video subscribers with its own service by 2020, but cable TV companies would weather the storm owing to their dominance in broadband and their growth in the business market, says Deutsche Bank, which initiated coverage of cable stocks. Analyst Bryan Kraft gave buy ratings to Charter Communications (CHTR), Time Warner Cable (TWC) and Liberty Broadband (LBRDA), while putting holds on Comcast and Cablevision

Apple gets boost from upbeat analyst reports

Apple (AAPL) stock rose Monday after a couple of analysts issued upbeat reports on the iPhone maker ahead of its June-quarter earnings report. Apple stock was up nearly 2%, near 126, in late-afternoon trading on the stock market today. The Cupertino, Calif.-based company is scheduled to report fiscal third-quarter earnings after the market close July 21. Societe Generale analyst Andy Perkins on Monday upgraded Apple stock to buy from hold, with a price target of 140. Perkins raised his fiscal Q3 iPhone sales forecast by 5 million units to 48 million. He also set revenue and earnings-per-share estimates for the quarter at $50.2 billion and $1.84, respectively, both above Wall Street consensus of $49 billion and $1.78. Cantor Fitzgerald analyst Brian White reiterated his buy rating on Apple stock with a price target of 195. Apple is “in the midst of a transformational super cycle,” White said. Apple’s growth will…