AAPL Financial News Weekly Roundup: Shares Hit All-Time High, iPhone 6 Sales Predictions Up and More
Apple (NASDAQ: AAPL) trading showed some increased activity early last week as share prices closed at an all-time high of $100.53 on Tuesday. Previously the highest price was $100.30 (adjusted for the 7-to-1 stock split). The bump was likely due to optimism from Morgan Stanley analyst Katy Huberty. In a note to investors, she wrote that iPhone 6 sales should be strong, but more interestingly, she expects Apple to ship 41 million iWatches by the end of the year, and possibly as many as 60 million. She also expects both products to enjoy healthy margins. Share price continued to rise for the rest of the week, closing on Friday at $101.32.
Morgan Stanley wasn't the only firm with a positive outlook on Apple. RBC analyst, Amit Daryanani, though he still holds his forecast at 56 million iPhone 6 sales before the end of the year, believes that new supply chain data could point to 70 to 80 million shipments by the end of 2014.
Apple Weekly News Roundup: iTunes 12 and Yosemite Betas Released, iPhone 5 Batteries to be Replaced, and More
Apple last Thursday released public beta versions of OS X Yosemite and iTunes 12 to members of the OS X Beta Program for testing. OS X Yosemite is expected to debut this fall and is expected to feature connectivity options to provide for continuity between desktop Macs and mobile iOS devices. iTunes 12 will have many new features including the new Family Sharing feature that will allow users to share iTunes and App Store downloads with up to six family members without sharing their accounts. Here are some of last week's other notable news and rumors:
On Friday Apple announced the launch of a free battery replacement program for iPhone 5 batteries. This was decided upon after it was discovered that a "small percentage" of batteries issued to handsets in the first five months after the iPhone
It was another slow week for App Store releases but there were a few noteworthy announcements made and trailers released this week. The biggest App Store news was the confirmation by the Pokémon Company that the the Pokémon Trading Card Game will be released to the iPad. This marks the first time a Nintendo-owned game will be ported to iOS.
Rovio finally announced an official release date to its Angry Birds spin-off Stella. The game will be available on September 4th. Nival announced its new RPG Etherlords will hit the App Store on the same day as Stella, and trailers for The Witcher Battle Arena and Mikey Boots were also released this week. You can see all of this week's trailers at the bottom of this page.
Ubisoft has released another mobile spin-off from its Assassin's Creed franchise. Assassin's Creed Memories is a free-to-play, card battling RPG that takes place throughout different periods in history. Players must travel through time to places like Renaissance Italy and Colonial America to eliminate their targets and collect cards. Players can also collect weapons and equipment from the different eras to upgrade their characters.
Assassin's Creed Memories features a 20 vs. 20 multiplayer guild mode, brand-new locations such as Feudal Japan and the Mongolian Empire, the ability to send out contracts and characters from the Assassin’s Creed universe. The game was designed by PlayNext and Gree, which means it includes social features and in-app purchases.
Sprint has rolled out a new Family Share Pack and unlimited $60 individual plan after killing off their "Framily" campaign because it was too complicated for customers to understand, but T-Mobile said it is not enough in another hilarious press release. The UnCarrier is urging its customers to rescue their friends from Sprint by offering unlimited data on its LTE network for one-year.
T-Mobile says "Sprint’s customers have suffered much," and that their friends should throw them a lifeline so they no longer have to endure the carrier's dysfunctional Framily and "bad deals".
“It continues to amaze me to see the old carriers failing to listen to their customers−or reward them for their loyalty,” said John Legere, president and CEO of T-Mobile. “That arrogance and indifference has defined the U.S. wireless industry for too long. We’re changing all that. In fact, this entire Un-carrier consumer movement is built on the simple act of listening to customers.”
Walmart has kicked off a 90 day fire sale for the iPhone 5c giving credence to previous rumors that the handset did not sell as well as Apple had hoped it would. The sale is also a sign that Apple is preparing to announce its next generation iPhone very soon.
The unapologetically plastic handset is now available for only $0.97 at Walmart retail locations. Walmart has also dropped the price of the iPhone 5s from $99 to $79. These prices are for the 16GB models and require a new two-year contract with AT&T, Verizon, Sprint or US Cellular. You can use Walmart's "Find a Store" feature to see if your local store is carrying the device.
Once paired with the iPhone, Bluetooth devices are remembered for future use, even after they are disconnected. In some cases, a long list of Bluetooth devices can be confusing, especially if some are duplicates or will never be used again. Removing paired Bluetooth devices from the iPhone can solve this problem.
Once removed, a device will need to be re-paired from the beginning in order to be used again. To begin the process of removing a Bluetooth device from iOS 7, first navigate to Settings -> Bluetooth. Bluetooth must be switched ON for the list of paired devices to be displayed.
Vine has become an important social justice tool now that it has cleaned up its image by eliminating porn. For example, the social video service has been one of the major weapons utilized by protesters in Ferguson, Mo. during the Mike Brown demonstrations. This is why it is important that Vine just updated its app to make it easier to share videos on social media. The Vine app offers users a quick way to shoot and upload videos, which is important for capturing unexpected events. To make things even easier, users can now import existing videos from their camera roll so they can share them with other Vine users. The new feature supports slow motion video and allows users to mix previously recorded videos together.
The Vine app has also been updated with new editing tools which can be found by tapping the scissors icon on the preview screen. From here users can mute audio and access the one-touch preview and undo button. Other new features include a new grid mode, focus lock, ghost mode and torch mode that allows you to shoot in low light situations. You can learn more about all the new features on the Vine blog.
Apple (NASDAQ: AAPL) shares closed at an all-time high of $100.53 on Tuesday following positive reports from Morgan Stanley and RBC Capital Markets analysts. The previous all-time closing high was $702.10, which, after the 7-to-1 stock split, adjusts to $100.30.
In a note to investors obtained by AppleInsider, Morgan Stanley analyst Katy Huberty gave a strong endorsement to Apple. Most of her optimism derives from the large amount of sales she expects the iPhone 6 and the iWatch to generate. Coupled with this, she believes both products will have stronger margins than previous products, specifically the iPhone 5. She expects the iWatch to ship 41 million units in its
Apple Rumor Mill Heating Up: iPhone 6 to Feature Qualcomm MDM9625 Modem, iWatch Delayed Until 2015 and More
It is that time of year when Apple news turns into Apple gossip, and there was a lot of gossip the last few days. GeekBar today (via G4Games) posted an alleged image of an iPhone 6 logic board that shows a Qualcomm MDM9625 modem. This means previous rumors claiming that the iPhone 6 will support LTE Category 6 are untrue, if the image is legit. The pictured chipset does support LTE Cat.4 and can reach speeds up to 150 Mbps, but not 300 Mbps like previous reports have suggested. This is not a big deal since most carriers around the world do not even support LTE Advanced.
Yesterday Sonny Dickson posted a video showing off the rumored Lightning cable with fully reversible USB. Several sources claim that all of Apple's next-generation products will ship with the new, easier to use cable. Check out the video below.