Is the Apple Watch a flop so far? Hmm, that may or may not be the case. But analyst Gene Munster says to wait until 2017 when Apple's new wearable will have a "breakout year."
The iPhone maker accounted for less than 20 percent of smartphones sold by the top vendors last quarter but ate up more than 90 percent of the total operating income.
The new service may not be a big moneymaker, says analyst Gene Munster, but Apple has other reasons for getting into the streaming music market.
The heavy demand for Apple's iPhone 6 lineup is surfacing in the resale market with higher relative prices seen in both the US and China, according to analyst Gene Munster.
The carrier continues its torrid pace of subscriber growth amid stiff competition in the wireless business.
The Korean company reported its seventh straight profit decline in the second quarter and will cut pricing for the Galaxy S6 to attract more buyers.
Shame about the supply pinch, though. Without that, sales might actually soar as high as 50 million, says a Morgan Stanley analyst.
Sales for the iPhone may shoot as high as 51.1 million units this quarter, says UBS analyst Steven Milunovich, higher than Wall Street is predicting.
The next iPhone will pack in new features such as Force Touch, but also beef up the memory, processor and camera, says KGI Securities analyst Ming-Chi Kuo.
Warning that it faced a difficult market environment, the smartphone maker announces that it's "adjusting" the price of its flagship handsets.