'No Chance' of Finding Apple's (AAPL) iPhone 6+ Tomorrow -BGR
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Consensus iPhone 6/6+ Numbers Might Prove Conservative; Cowen Boosts Apple (AAPL) PT to $110
September 19, 2014 6:34 AM EDTCowen and Company is out with commentary on Apple (Nasdaq: AAPL) as the new iPhone 6/6+ are released on Friday. The firm rates Apple at Outperform and raises its price target from $106 up to $110.
Analyst Timothy Arcuri notes a recent survey of 4,500 adults in the U.S. and China on iPhone 6/6+ demand and drivers. Here are some conclusions:
Composition of iPhone Base, Core Specs Favorable for 6/6+
Our survey data largely confirms Apples recent commentary regarding composition of iPhone installed base (i.e. ~200MM iPhone 5/5C/5S users). Specifically, the... More
