Apple breaks the $350 barrier
Reports of strong Verizon (VZ) iPhone pre-sales and raised analysts' price targets sent Apple (AAPL) shares to new all-time highs Monday. The stock closed at $351.88, up $5.38 (1.55%) for the day. Also on Fortune.com: Susquehanna ups AAPL target to $465 Verizon halts iPhone pre-sales A good time to bet against Apple? [Follow Philip Elmer-DeWitt...
Susquehanna ups AAPL target to $465
Expects sales of 76.7 million iPhones and 32.1 million iPads in fiscal 2011 [Needham's Charlie Wolf also raised his price target Monday, to $450 from $375, and Ticonderoga's Brian White reiterated his $550 target. By 10 a.m. Apple was trading above $350 for the first time.] In his first Apple (AAPL) supply chain check since...
Verizon iPhone delivered
Let the unboxing videos begin! Two days after Verizon (VZ) began taking pre-orders for the Apple (AAPL) iPhone, at least one unit had made its way to a customer. This one was picked up Saturday morning at a UPS holding center in Evansville, Ind., an event now immortalized on YouTube. Below: The funkiest unboxing video...
Survey: 44% of Verizon Android users likely to switch to iPhone on Day One
For Blackberry users it's 66%, and nearly a quarter are willing to stand in line to get one We're not familiar with the work of uSamp, a high-tech online research firm based in Los Angeles, but if the results of the survey (PDF) they released last week are accurate, Research in Motion (RIMM) is in...
Verizon halts iPhone orders. An estimated 100,000 units pre-sold
In two hours, Apple's smartphone breaks all the carrier's first-day launch sales That didn't take long. Verizon (VZ) announced Friday that it had halted pre-sales of Apple's (AAPL) iPhone, having burned through its first shipment in less than a day. It took only two hours -- from 3 a.m. to 5 a.m. EST Thursday --...
Rate plans: How AT&T, Verizon, Sprint and T-Mobile stack up
Now that Verizon has the iPhone, you can start to choose your carrier by its rates As long as AT&T (T) was Apple's (AAPL) only U.S. carrier, nobody who really wanted an iPhone did much comparison shopping on voice and data rates. You signed up for the AT&T plan that made sense for you and...
Verizon iPhone: The reviews are in
The verdict is unanimous: It's slower than AT&T's, but it rarely drops calls Pre-orders for the Verizon (VZ) iPhone began Thursday, and deliveries will begin next week, but Apple (AAPL) made review copies available to its favorite publications -- before Verizon's network might suffer, like AT&T's (T) did, the strain of a few million new...
The Daily: Live from the Guggenheim
All eyes on Rupert Murdoch and Apple for the launch of the first iPad daily After a 45-minute presentation, The Daily was set to go live on the Apple App Store at 12:00 p.m. EST. Here's the link. There's a video tour here. The press were treated with pre-loaded (loaner) iPads in the lobby. A...
iPhone sales in the AT&T era
Analysts estimate that Apple may have sold as many as 90 million between 2007 and 2010 Next week, when Apple (AAPL) releases its earnings for the quarter that ended Christmas Day, it will be closing the books on the era of AT&T (T) exclusivity in the U.S. -- the company's largest single market for iPhones....
Munster: Apple’s lineup for 2011
Piper Jaffray's top Apple analyst offers his annual product predictions Apple (AAPL) is unlikely to break into any new hardware categories in 2011, according to a note to clients issued Monday by Piper Jaffray's Gene Munster. But that doesn't mean the company won't have a busy year. Here's what he sees as the major announcements...
Is Apple the Rodney Dangerfield of tech companies?
One of Wall Street's better analysts wonders why the stock don't get no respect "Why does the market dislike Apple?" asks Oppenheim's Yair Reiner in a note to clients issued Monday. "It typically grants companies with 70% EPS growth and plenty of runway a premium valuation. Apple is valued at 14x (ex-cash)—like the S&P." Reiner...
Verizon snaps up iPhone domains
Protecting its brand by buying Internet domain names that link the iPhone with Verizon Here's more evidence -- as if we needed it -- that Apple (AAPL) is building an iPhone for Verizon (VZ). PocketNow's Evan Blass has discovered that Verizon Trademark Services LLC, the company that owns verizon.com and verizonwireless.com, now also owns iphoneonverizon.com...
