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Anticipating Big iPhone 6 Sales, Evercore Raises Apple Target Price to $125

Another investment analytics firm has joined the club and raised Apple's target price per share. Just a few days after BMO raised its target price to $110, Evercore Partners went a bit further, raising its price to $125 from $115.

Apple stock rising

In a research note to investors, provided to AppleInsider, Evercore analyst Rob Cihra maintained his "overweight" rating for Apple stock (NASDAQ: AAPL), meaning that he expects the stock to return above the average of the overall industry. He upped his fourth quarter iPhone sales estimate to 39 million, which would represent a 15% year-over-year increase. Fourth quarter results will be disclosed on Monday Oct. 20 at 5:00 PM ET.

AAPL Financial News Weekly Roundup: Bendgate, iPhone 6 in China and More

After dipping to $97.87 on Thursday, likely due to "Bendgate," Apple (NASDAQ: AAPL) shares rebounded to close at $100.75 on Friday. The high close for the week was $102.64 on Tuesday.

AAPL stock news roundup and outlook.

Early in the week reports of the iPhone 6 and especially 6 Plus began to surface and the story gained traction and became known as "Bendgate." Investors took note and on Thursday a higher than usual volume of shares was traded (almost 100 million compared to a more typical 60 million) and the share price closed below $100 for the first time in two weeks. Apple responded saying that with normal use an iPhone 6 would very rarely bend, and that only nine people had officially complained about the problem since the phone hit the shelves. The scare passed and share price closed at over $100 on Friday.

Apple Weekly News Roundup: iOS 8 Update, Bendgate and More

Apple suffered a pair of black eyes last week when first, "Bendgate" made its way into tech headlines, and second, when it released a problematic iOS 8 update. While neither are serious problems, negative publicity is never a good thing.

Bendgate alleges iPhone 6 and 6 Plus bend in pocket

Rumors of iPhone 6's bending began to emerge last Tuesday. Anecdotal evidence suggested that keeping an iPhone 6 or, especially, an iPhone 6 Plus in a pocket (front or back) would put it at risk of bending. This is really not a surprise, considering the new handsets are 6.9 and 7.1 mm thick, as compared to the 7.6 mm iPhone 5. Also both handsets are longer than their predecessor, giving them more leverage for

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Expecting Big 2015 Sales for iPhone 6 and iWatch, BMO Raises Target to $110

Canadian investment firm BMO Capital Markets is expecting a huge amount of iPhones to sell next year, along with a modest number of Apple Watches. In accordance with its expectations, earlier this week the firm increased its share price target to $110.

Apple stock rising

In a research note provided to AppleInsider, BMO analyst Keith Bachman remained with his "outperform" rating for AAPL shares. He projects 189 million iPhone (all models) sales in fiscal 2015, up about 10 million units from his previous projection.

New iOS Apps, Games and JB Tweaks of the Week: HealthKit Apps Finally Arrive on App Store

Apple has finally gotten HealthKit up and rolling after delaying its launch a little over a week due to a bug in iOS 8.0. The first HealthKit-enabled apps starting appearing on the App Store on Friday after Apple released iOS 8.0.2 to fix the issues plaguing the new health platform. One of the first HealthKit-compatible apps spotted in the wild was FitPort. The app promises to deliver a "simple dashboard for your daily fitness stats" by recording steps, cycling distance, active and dietary calories, plus more to Apple's Health app. FitPort is available now for $1.99.

HealthkKit iOS 8

Other HealthKit friendly apps include:

- WebMD (Free) Connect Healthy Target to the Apple Health app to receive actionable insights on your health data.
- Yummly (Free) - Recipe app. Allows you to send nutrition information to the Health app.
- Carrot Fit ($2.99) Allows you to sync your weight and workout data with the Health app.
- MyFitnessPal (Free)

• Add your meal summaries to HealthKit – You can now share meal data with HealthKit-connected apps every time you add food to your diary.
• Sync your weight with HealthKit – If you have an app that records your weight in HealthKit, we can automatically sync that with your MyFitnessPal account. Likewise, if you track your weight in MyFitnessPal we’ll keep your HealthKit data updated.
• Add exercises from other HealthKit apps to your diary – When you exercise with an app that saves workout data to HealthKit, we can adjust your daily calorie goal for you.

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