Fortune (magazine) Stories December 23, 2013

aapl

After the fall in Apple’s stock value when the China Mobile failed to materialise as expected on 18th December, yesterday’s news that the deal had finally been concluded sent the stock shooting back up again, having climbed more than 3 percent at the time of writing (it was up 4% in pre-market trading but has settled).

With the WSJ having reported that 18th December was the day, the market was clearly jittery when nothing materialized. Everything had appeared to be in place: regulatory approval, Apple putting the handsets on sale in China on the opening weekend, China Mobile posters, a pre-order website, in-store displays – and 4G service up-and-running on schedule …  expand full story

Fortune (magazine) Stories December 2, 2013

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 …  expand full story

Fortune (magazine) Stories September 9, 2013

How will AAPL stock price react to iPhone 5S/5C launch? Let’s look at history

A chart posted by Fortune showing what happened to Apple’s stock price for 12 months before and after each new iPhone launch shows that it rose after four of the six launches.

Conventional wisdom says that Apple traders buy the rumor and sell the news, but the series of stock charts Deutsche Bank’s Chris Whitmore shared with clients Monday suggest the opposite.

The brief piece explains the exceptions by observing that the 3G launched just before a major recession and the iPhone 5 when the stock was already at an all-time high, but we wouldn’t suggest investing any money on the basis of those six squiggly lines …

Update: BTIG’s Waltyer Piecyk has posted some more short-term historical data, suggesting that the separation of iPhone announcements from WWDC ended the ‘sell on the news’ phenomenon:

Fortune (magazine) Stories August 19, 2013

Apple wins three times more customers from Samsung than Samsung does from Apple

New figures from CIRP reported in Fortune show that Apple wins three times as many smartphone customers from Samsung as Samsung does from Apple: 20 percent switched from a Samsung handset to an iPhone, while only 7 percent switched in the opposite direction.

Unsurprisingly, the biggest chunk of iPhone buyers – 42 percent – were upgrading from a previous iPhone, while the rest were split between those switching from other brands (around 30 percent) and those upgrading from a featurephone (26 percent) – with a handful of first-time cellphone buyers making up the rest.

With iPhone prices higher than the average for Samsung’s range of smartphones, it’s also no surprise to see that the educational attainments of iPhone owners tend to be higher, this being a rough proxy for income.

Fortune (magazine) Stories July 17, 2012

Fortune (magazine) Stories October 20, 2011

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