Apple Says 13M iPhone Units Sold In First Weekend, Analyst Reaction Mixed

Comments
Loading...
  • Merrill Lynch: Given China's inclusion in this years sales it's no surprise the numbers were strong, consumers split btwn Verizon and AT&T - Sprint was least popular carrier, reiterating Neutral with $130 PT.
  • RBC: Positive on incremental basis, only sold 1M above expectations, Estimates Apple shipped 75M-80M units in FY Q1, Maintains Outperform and $150 PT.
  • Cowen: 6s/6s Plus Sales largely flat, reiterating Market Perform and $130 PT
  • Bernstein: Unit sale represent available supply over underlying demand, lack of detail on "orders" is leaving Bernstein analysts with little to gauge demand by, retierating Outperform and $135 PT.
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: