Both Deutsche Bank and Global Equities Research have raised their target price for AAPL – the price they expect the stock to achieve – in response to spot checks of Apple sales on Black Friday, reports Fortune.
After spot-checking Black Friday weekend sales, Deutsche Bank’s Chris Whitmore raised his price target to $625 from $575. “We have become significantly more confident in our near-term estimates for Apple” [...]
Global Equities Research’s Trip Chowdhry raised his price target to a Street-high $800 after visiting nine Apple Stores and five Targets and talking to “no less than 300 people.”
Anyone planning to invest on the basis of these numbers might want to dig a little deeper, however …
While Fortune didn’t reveal the extent of Deutsche Bank’s ‘spot checks,’ the GER ones were based on one analyst visiting “nine Apple Stores and five Targets” and talking to around 300 people. Given that the first conclusion listed was that “iPad Air 128GB and iPad Mini Retina 128GB were the most popular devices,” one might wonder whether the analyst in question might have over-indulged in the Thanksgiving festivities.
Oh, and Gene Munster gets a mention. He’s been, uh, counting tweets, the shopping habits of NYC’s tourist-laden Apple Stores and says 128GB iPad mini is the most popular according to the report.
Filed under: AAPL Company
, AAPL forecast
, AAPL prediction
, AAPL price
, AAPL target
, Black Friday
, Deutsche Bank
, Fortune (magazine)
, ipad air
, iPad mini
, Retina iPad mini
, Target price
Check out 9to5Mac for more breaking coverage of AAPL Company, Apple, and iPad.
What do you think? Discuss "Analysts raise AAPL target price in response to Black Friday shopping" with our community.
Apple will be live streaming today’s launch event, first revealed by the Apple Events channel returning to Apple TV, the icon displaying the theme for the event and a message saying “tune in at 10 am for the live stream.”
It’s likely the event will also be streamed on the web when it begins at 10am Pacific/1pm Eastern, though there is no link as yet. Details below of what we’re expecting to see …
We’ll of course be bringing you full coverage, including a live blog.
Continue reading more about AAPL Company, Apple, and iPad at 9to5Mac.
What do you think? Discuss "Apple will be live-streaming today’s launch event" with our community.
Since more than a year ago, Germans have not had access to push notifications for iCloud Mail services following a dispute between Apple and Motorola in the country that forced Apple to disable the feature. Now, as noted by German Apple blog iPhone-ticker.de, Apple has now confirmed that push notifications services have been switched back on in the country. The news comes following Apple’s success in getting the original injunction lifted after posting $132 million bond, according to FossPatents:
After the Federal Patent Court’s preliminary ruling, Apple filed with the Karlsruhe-based appeals court a motion to stay enforcement against Google’s will. In early September, the Karlsruhe Higher Regional Court granted it. I published my own (obviously unofficial) English translation of the order. The order revealed that Apple had to post a 100 million euro ($132 million) bond to get the injunction actually lifted. The paperwork for all of this apparently took a few weeks and presumably Apple’s technical staff conducted some internal tests before finally reactivating the push notification feature for end users — which it did today.
Check out 9to5Mac for more breaking coverage of AAPL Company, Apple, and iPhone.
What do you think? Discuss “iCloud Mail push notifications return in Germany as injunction gets lifted in Apple/Motorola dispute” with our community.