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Apple's Entire Tech Ecosystem Poised For Growth, Says Carl Icahn
Monday, May 18, 2015 - 11:58am | 451Read More...In an open letter to Apple Inc. (NASDAQ: AAPL) management, Carl Icahn suggested the company will earn $12.00 per share in fiscal 2016 – a figure that is above Wall Street's consensus estimates. According to Icahn, Apple's entire ecosystem improvements (Apple Watch, Apple Pay,...
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Goldman Sachs On Apple Pay: 4 Things to Know
Monday, May 18, 2015 - 8:45am | 342Read More...In the eight months since Apple Inc. (NASDAQ: AAPL) Pay launched, Goldman Sachs said there was "solid merchant traction," but "slow consumer adoption." The analysts recommended that Apple ramp up a loyalty and rewards program to help encourage adoption and "change...
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Apple Pay Coming To Las Vegas, But Don't Bet On It
Sunday, May 10, 2015 - 9:36am | 497Read More...The Cosmopolitan of Las Vegas resort casino will begin accepting Apple Inc. (NASDAQ: AAPL)'s new mobile payment system, Apple Pay, this summer. Starting in early June, the Cosmopolitan, which is owned by Blackstone Group LP (NYSE: BX), will accept Apple Pay payments at the hotel’s...
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Bitcoin 101
Thursday, May 7, 2015 - 3:37pm | 647Read More...The digital currency, or cryptocurrency, has begun to etch its place within the financial world. Yet, understanding what bitcoin is and how it functions is far less universal than the awareness of its existence. Below are a few of the most common questions the public raises regarding bitcoin...
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Home Depot Adding Apple Pay Option
Wednesday, May 6, 2015 - 12:27pm | 364Read More...According to Bloomberg, Home Depot Inc (NYSE: HD) is in the process of negotiating a deal to bring Apple Inc. (NASDAQ: AAPL)'s mobile payment platform Apple Pay to each of Home Depot’s more than 2,000 stores. If the deal is finalized, Home Depot would become the largest retailer yet to...
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Jefferies Sees Apple Pay As A 'Compelling Killer' App For Apple Watch
Monday, May 4, 2015 - 8:09am | 319Read More...In a report published Monday, Jefferies analyst Sundeep Bajikar argued that Apple Inc. (NASDAQ: AAPL)'s Apple Pay service is likely to be one of the most "compelling killer" apps for the Apple Watch. "We think the convenience of using Apple Pay on Apple Watch with or without a tethered iPhone,...
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Oppenheimer: Apple Is 'Taking China By Storm'
Tuesday, April 28, 2015 - 12:58pm | 264Read More...In a report published Tuesday, Oppenheimer analyst Andrew Uerkwitz commented on Apple Inc. (NASDAQ: AAPL)'s "strong" second quarter results, but singled out the company's strength in emerging markets, especially China, as a key theme. Uerkwitz noted that Apple's "impressive" growth across all...
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Deutsche Bank Previews Apple's Earnings
Friday, April 24, 2015 - 4:07pm | 406Read More...Deutsche Bank previewed the Apple Inc. (NASDAQ: AAPL) Q2 results Thursday. The firm maintained a Hold rating and raised its price target from $110 to $125. Overall Quarter Perspective Analysts Sherri Scribner and Larry Zhong expected another strong quarter for the iPhone and have revised unit...
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Apple Will Smash Street Estimates Of 54 Million iPhone Sales
Monday, April 20, 2015 - 1:44pm | 428Read More...With Apple Watch sales beating previous forecasts, the debate has now shifted to whether Apple Inc. (NASDAQ: AAPL) will beat the Street's consensus on iPhone sales and when the watch will make a material impact to Apple's revenue. Citi Technology Analyst Jim Suva was on CNBC recently to...
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Apple Trying To Avoid Another Bendgate? Apple Pay Coming To Canada?
Friday, April 17, 2015 - 11:19am | 376Read More...The last thing Apple Inc. (NASDAQ: AAPL) wants is another "Bendgate" controversy in future iPhone releases. For those that don't remember, "Bendgate" was the term attributed to describe whether the iPhone 6 Plus was prone to bending. Techradar on Friday reported that...
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Here's Why Strong iPhone Sales May Drive Demand For Apple Pay & Apple Watch
Friday, April 10, 2015 - 9:12am | 195Read More...Canaccord Genuity issued a report on Apple Inc. (NASDAQ: AAPL) after surveys indicated strong demand and high-tier market share gains for the iPhone 6/6 Plus smartphones. Canaccord reiterated Apple as a Buy and raised its price target from $145 to $150. Analysts Michael Walkley and Siddharth Sinha...
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SeatGeek Takes Comparison Shopping To The Theater
Tuesday, April 7, 2015 - 7:32am | 457Read More...Comparison shopping websites have become a popular part of the travel industry, as most travelers use sites like Expedia Inc (NASDAQ: EXPE) to compare the prices of flights and hotels. However, SeatGeek is taking that model and applying it to event ticket sales, and it appears to be working....
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Is Apple Pay Running Into 'Hurdles' At Checkout?
Wednesday, April 1, 2015 - 8:30am | 216Read More...In a report published Wednesday, JP Morgan analyst Rod Hall noted a survey by Phoenix Marketing International concluded that Apple Inc. (NASDAQ: AAPL) is facing "hurdles" at the checkout counter. According to the study, Apple's new mobile-payment system is failing to capture all of its potential...
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Apple Sold $2 Billion Worth Of iPhones Into Samsung's User Base
Tuesday, March 31, 2015 - 3:35pm | 780Read More...Apple Inc. (NASDAQ: AAPL) happily reported that it sold 74.5 million iPhones during the fourth quarter, but there's one stat the company never talks about: how many iPhones were sold to former Android customers. Apple may not have that number, but market research firm Phoenix Marketing...
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Expert: 50% Of New iPhone Buyers Will Adopt Apple Pay Within 2 Years
Monday, March 23, 2015 - 4:19pm | 467Read More...Apple Inc. (NASDAQ: AAPL) shareholders received some news regarding Apple Pay on Sunday. Only 6 percent of iPhone 6 and 6 Plus owners are thought to be using the mobile payment service. At first glance, this might sound like a relatively low number. If investors look at the millions of iPhones that...













