UBS

Analysts Say iPhone 8 ‘Unlikely’ to Cost $1200 USD

Lately, rumours have been swirling about that the upcoming high-end iPhone could end up starting close to the $1000 USD mark, as many sources have reported, alongside 64GB, 256GB and 512GB storage options. According to leaker Benjamin Geskin on Twitter, the iPhone 8 will start at $999 USD for the 64GB version, $1099 USD for the...

Apple is the Most Underweight Stock for Fund Managers, Says UBS

In a research note published this week, investment bank UBS has claimed that despite 'buy' ratings from analysts, fund managers around the globe hold the lowest percentage of Apple stock in their portfolio when compared to Apple's overall weighting in indexes, Business Insider reports. For those who don’t know, investors usually underweight a particular stock when they...

How Many Work Hours It Takes to Afford an iPhone: UBS Report

Swiss Bank UBS has released their latest Prices and Earnings study for 2015, which compares purchasing power across 71 cities worldwide. One of their metrics is Apple’s iPhone, which has been updated in the report to see the older iPhone 4S replaced by the iPhone 6 (16GB, unlocked from Apple). Toronto is one of the...

Apple to Sell 50 Million iPhones in June Quarter, Claim Analysts

According to a report published by Forbes, leading analysts from both Morgan Stanley and UBS are estimating that Apple will sell over 50 million iPhones during the June quarter this year. A survey by Katy Huberty from Morgan Stanley has indicated a demand for 53 million iPhones, while UBS analyst Steve Milunovich’s survey estimates 50.3 million iPhone demand, with both surveys...

UBS Expects Apple to Sell 24M Apple Watches in Fiscal 2015

According to a new survey carried out by UBS, Apple is likely to sell around 24 million Apple Watch units in its first nine months of availability, while analyst Steven Milunovich notes that most units will sell at an average price between $420 and $430, AppleInsider is reporting. The poll, which consisted of 4,000 consumers, also revealed that 10%...

UBS Raises AAPL Price Target to $125 Over Strong iPhone 6 Plus Sales

Following a new survey of prospective smartphone buyers conducted by the UBS Evidence Lab, the results of which forecast a favourable share of the iPhone 6 Plus sales and strong demand for the device in China, the investment firm’s analyst Steven Milunovich has increased his price target on shares of AAPL to $125, up from his previous projection of $115,...

UBS Analysts Criticize Apple Watch for Having “Too Many Features”

As weird as it may sound, UBS analysts seem to be worried about the fact that the Apple Watch may have “too many features”. In a recent note to investors, UBS' Steven Milunovich said that Apple’s upcoming smartwatch “isn’t focused enough”, adding that in order to be successful, the Apple Watch should focus only on a...

UBS: Tim Cook is the ‘Right Man for the Time’ at Apple

In a note to investors issued earlier today, UBS analyst Steve Milunovich has said that Apple is gaining steam under the leadership of Tim Cook, who is remaking it under his own vision, AppleInsider reports. The analyst further praised Cook for "taking Apple in new directions" that may be better suited for a company of its...

UBS: Apple to Launch ‘iWatch’ for $300 Later This Year

Investment firm UBS analyst Steven Milunovich has said in a note to investors today that Apple will launch a so-called ‘iWatch' later this year for a projected average price of $300, AppleInsider is reporting. The analyst also believes that at a selling price of $300, ‘iWatch’ sales could be similar to the company's wildly successful iPad, hitting 21 million...

UBS: ‘iPhone 6’ to Offer Significant User Upgrades

In a recent note to investors, UBS analyst Steven Milunovic has raised the price target for Apple stock (AAPL) to $700 from his previous level of $625, saying he is increasingly confident that iPhone sales in the U.S. will be particularly strong for Apple's so-called 'iPhone 6’, a device that will offer significant user upgrades, AppleInsider is reporting....