Tag Archives: aapl

Apple iPhone 6 Plus demand much stronger than expected

A survey of consumers in the U.S., U.K., Italy and China is showing much stronger-than-expected demand for Apple ‘s (AAPL) big-screen iPhone 6 Plus, spelling good news for Apple’s profit and bad news for rival Samsung. About 40% of respondents said they are likely to buy an iPhone 6 series phone in the next year, the UBS survey showed. Over half of intended purchases are for the 5.5-inch iPhone 6 Plus compared with 38% for the 4.7-inch iPhone 6. The rest aren’t sure which iPhone 6 model they will buy. “We have modeled a 2.5-to-1 ratio favoring the iPhone 6, so a tilt toward the 6 Plus would be positive for Apple’s phone ASPs (average selling prices) and earnings,” UBS analyst Steven Milunovich said in a note Monday. Demand for the iPhone 6 series is particularly strong in mainland China, Milunovich says. The survey results show that…

20% of iPhone owners might buy an Apple Watch, report says

Up to 20% of iPhone owners will buy Apple’s new smartwatch after it goes on sale next spring, a report from Cantor Fitzgerald predicts. The consumer appetite for the Apple Watch “will surprise the skeptics next year,” Cantor Fitzgerald analyst Brian White said in a report Friday. “We believe an 18%-20% conversion rate for the Apple Watch relative to the quarterly iPhone shipments is reasonable and less than half the 45% conversion rate for the iPad.” White is predicting that  Apple (AAPL) will sell 37 million to 41 million units of Apple Watch in its first year on the market. That translates to at least $12.9 billion to $14.3 billion in revenue and earnings per share of 65 to 72 cents, if all units were to sell at the starting price of $349. “This is the entry-level price and thus conservative,” he said. A recent report said luxury models of …

Skyworks Revenue Soars In Q4 As It Taps New Markets

Skyworks Solutions late Thursday reported fiscal Q4 sales and earnings that handily beat Wall Street estimates, as did the company’s outlook for the current quarter. Investors, however, apparently wanted more upside from the Apple (AAPL) supplier, as Skyworks (SWKS) stock was flat in after-hours trading, after the company released results for the quarter ended Oct. 3. Skyworks said that its Q4 revenue jumped 51% from the year-earlier quarter to