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Maxim Trims Apple Estimate, Keeps Target Above $150/Share
Wednesday, April 27, 2016 - 12:25pm | 351Maxim's Nehal Chokshi trimmed Apple Inc. (NASDAQ: AAPL)'s estimates, citing the likelihood of another revenue miss from the company before the iPhone 7 cycle kicks in. Chokshi cut his June quarter EPS estimate by 22 percent to $1.33 (consensus was $1.76) and FY16 EPS view by 8 percent to $8.05 (...
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Early Checks For Apple Products Coming In Mixed
Tuesday, March 1, 2016 - 2:04pm | 535The early checks for Apple Inc. (NASDAQ: AAPL) products remain mixed, attributed to softer iPhone demand and the potential 4"-launch not expected to drive incremental volumes. Meanwhile, a recent report on saturating consumer electronics market indicates better-than-expected performance for...
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The Real Reason Apple's iPhone Left Virgin Mobile?
Wednesday, June 3, 2015 - 5:58am | 626Apple Inc. (NASDAQ: AAPL) fans rejoiced when Verizon Communications Inc. (NYSE: VZ) was rumored to carry the iPhone. It seemed like a pipedream, but the mounting evidence suggested that AT&T Inc. (NYSE: T) was about to lose its exclusive distribution rights. Since that time, Apple has...
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10 Apple Product Concepts...That Didn't Come True
Tuesday, January 27, 2015 - 6:25pm | 859Apple Inc. (NASDAQ: AAPL) finally unveiled the Apple Watch last September, proving once and for all that the product is real. Unfortunately, the same cannot be said for a plethora of other rumored Apple products. Let's take a look at a handful of Apple products that never came to fruition...
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Weekly Tech Highlights: Apple Watch Sales Potential, A New Yahoo Rumor & More
Saturday, January 3, 2015 - 3:28pm | 193A new year and a new slate of Apple Inc. (NASDAQ: AAPL) headlines. The Cupertino, California-based tech giant is ready to bring Apple Pay to more locations -- including those outside of the United States. Apple could also dominate the wearable tech space even if only a small fraction of...
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Apple's iPad Event Disappoints, Lacks 'Major Breakthroughs'
Thursday, October 16, 2014 - 4:14pm | 543Apple Inc. (NASDAQ: AAPL) introduced a smattering of new products on Thursday, all of which consisted of upgrades and refreshes to existing devices. The new 27-inch iMac uses the same design as the last iteration but features a Retina 5K display and a much faster processor. It is, in essence, a...
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Top 5 Smartphone Trade-In Values
Tuesday, August 5, 2014 - 2:21pm | 714Now that Apple's (NASDAQ: AAPL) iPhone 6 has an unconfirmed release date of October 14, consumers are eager to see how much their current handset is worth. NextWorth, the online trade-in service that powers Target's trade-in program, recently provided Benzinga with a list of the...
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3 Reasons Video Game Sales Will Decline In 2019
Friday, July 25, 2014 - 3:11pm | 979Domestic video game sales increased in May and June, but the upward trend could come to an end in 2019. Eva Hunyadi, a research analyst at Juniper Research, recently authored a report about the future of video games. While Hunyadi is optimistic about present-day sales, she is concerned about...
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Amazon Could Lose Money On Fire Phone Sales
Thursday, June 19, 2014 - 3:38pm | 490Amazon's (NASDAQ: AMZN) latest device is an ambitious, high-end smartphone that contains a plethora of new features -- including six cameras. But those bells-and-whistles features won't come cheap. Customers will pay $199 for the 32GB version. They will also be required to sign a two-...
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Samsung Looking To Iris Detection For Future Of Mobile Security
Tuesday, May 20, 2014 - 1:28pm | 598According to Senior Vice President Rhee In-jong, Samsung (OTC: SSNLF) wants to increase its use of biometrics. One form of biometrics getting an intense look is “iris detection.” Iris detection would allow a smartphone to scan a user’s eyes to determine whether that person is a match for...
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Samsung Profits Sink For Second Quarter In A Row
Tuesday, April 8, 2014 - 1:24pm | 561Samsung (OTC: SSNLF), the world’s largest maker of smartphones reported a second straight quarter of declining profits Tuesday. The decline stemmed from slowing demand for high-end devices like the Galaxy S4 smartphone. Profits fell, the company said, from 8.8 trillion won to 8.4 trillion ($8...
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6 Reasons The iPhone 6 Might Disappoint Investors
Wednesday, March 12, 2014 - 11:18am | 842You've already read about the iPhone 6 and why it may not be a big deal to consumers and Apple (NASDAQ: AAPL) enthusiasts alike. But that's not the only thing that investors have to worry about. There are six key reasons why Apple's next-generation iPhone will disappoint the...
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Why The iPhone 6 Isn't A Big Deal
Wednesday, March 12, 2014 - 10:45am | 641Every year, the rumor mill claims that Apple's (NASDAQ: AAPL) next smartphone will set the standard for the industry. These rumors begin almost immediately after each iPhone is released. It is a crazy, ongoing conundrum that continually threatens the sale of each upgrade. After all -- if...
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What Else Could Apple Do With Its Fingerprint Scanner?
Monday, March 10, 2014 - 10:32am | 440Last week it was revealed that Apple (NASDAQ: AAPL) had filed a patent that could bring additional features to the iPhone 5S' fingerprint scanner. That, however, is just the tip of the iceberg. While the scanner was originally employed to bring a new degree of security to smartphones, Apple could...
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Apple Plans To Pair Devices Via Fingerprint Scans
Friday, March 7, 2014 - 9:44am | 612In a just released patent application Apple (NASDAQ: AAPL) outlined a system for wirelessly pairing various devices using biometrics. These could include fingerprint scanners, retina scans, and even voice signatures. In the patent application Apple said: “Given the prevalence of electronic...