Tag Archives: aapl

Apple urged to develop personal robots

If you like Apple’s (AAPL) personal assistant Siri as a disembodied voice from your iPhone, imagine what she’d be like in robot form. Cantor Fitzgerald analyst Brian White has, and he thinks Apple should pursue it. While all the talk this week was on Apple possibly entering the car market, White said robotics would fit into Apple’s wheelhouse. “In our view, ‘Apple Car’ has the potential to be the ‘iPhone of the Future,’ and we doubt Apple’s reach will stop here,” White said in a research report Friday. “For example, we believe the personal robot category offers great potential over the next decade and fits well with Apple’s skill set.” Personal robots could be a longer-term opportunity for Apple, White said. “Given the growing enthusiasm around personal robots at International CES last month, we believe Apple has an opportunity to leverage its heritage in the computer market, technology innovation in…

Apple May Just Bite On Electric Cars; Good For Tesla

Will Apple (AAPL) build a car? An electric Apple car is a possibility by 2020, putting the tech giant in some competition with the likes of Tesla Motors (TSLA) and General Motors (GM) with its planned Chevrolet Bolt. But the latest opinion on an Apple vehicle is skeptical, even as Apple stock hit a new high on Thursday. (The company gets a best-possible Composite Rating of 99 from IBD.) As reports flow about Apple hiring from the auto industry,

Apple stock has more upside, Goldman Sachs says

Apple (AAPL) stock is trading near its record high, but Goldman Sachs sees more upside. Goldman Sachs analyst Bill Shope on Thursday raised his price target for Apple stock to 145 from 130 and reiterated his buy rating. Apple stock hit a split-adjusted all-time high of 129.03 on Thursday. In midday trading in the stock market today, Apple stock was down pennies from Thursday’s closing price of 128.45. Apple’s December-quarter beat, its strong iPhone sales and CEO Tim Cook’s recent presentation at the Goldman Sachs Technology and Internet Conference give Shope confidence that Apple’s momentum will continue. He says that he’s especially positive on iPhone sales, Apple Pay adoption and the potential for Apple Watch, though he’s a bit less positive on Apple Watch. “All of these factors and a powerful near-term catalyst set (April Watch launch and capital allocation update as well as likely upside for the March quarter)…