Wall Street

Wall Street Regains Appetite for Apple Stock, Forecasts iPhone Surge

According to a Reuters report, Wall Street is regaining an appetite for Apple’s stock, as investors are betting that the release of a 10th-anniversary iPhone this year, will boost shrinking sales of Apple’s flagship device. The stock is up 36% from lows in May of last year, when it was plagued by worries about iPhone sales, which...

What the Analysts Are Saying About Apple’s Q1 2016 [Roundup]

The holiday quarter of 2015 (fiscal Q1 2016) turned out to be better or in line with what Wall Street analysts expected, but as of writing this article Apple's stock price is down 5.72% to $94.27. Analysts, instead of addressing the most profitable quarter Apple has had, focused on the company's guidance for the second...

iPhone Sales Projected to Exceed 50 Million for Fiscal Q4

Apple will today report is fourth fiscal quarter earnings after the market closes, so all eyes are on the company. As usual, analysts will take their best shot at predicting the sales numbers for iPhones, iPad and Macs, and Fortune’s Philip Elmer-DeWitt compared the forecast of amateur and professional analysts.  For the same period last...

Apple Could Surprise Wall Street in its Forthcoming Earnings Call

According to analyst Brian White of Cantor Fitzgerald, Apple is expected to post stronger sales than what Wall Street expects for the just-concluded March quarter, hinting that the company could surprise the investors to the upside when it reports earnings after markets close on April 23, AppleInsider is reporting. The analyst tracks tech component suppliers as part...