Tag: BMO Capital Markets

  • Apple Inc. (NASDAQ:AAPL) Price Target Increased to $508.00 due to its 5C and 5S released in India

    In a research report issued to clients and investors on Friday named Analyst Ratings Network.com, Analysts at BMO Capital Markets increase their price target on shares of Apple Inc. (NASDAQ:AAPL) from $480.00 to $508.00. Currently, company has an outperform rating on its stock. BMO Capital Markets’ target price points boosted about 5.09% from the stock’s previous close.

    Apple Inc. (NASDAQ:AAPL)’s iPhone 5S and iPhone 5C were introduced in the world market on 20 September. But the question is when it will be released in India. According to GizBot news the information about these two products is released in India. Gizbot is got in touch with Sunil Kuttam who is VP-Data and devices at Aircel gave information that Aircel will be the telecom partners of iPhone in India. Senior executives of Aircel also disclose that these ptwo products of iPhone will be released in November 2013. In the mean hile they also revealed that the cost of ipPhone 5C will be Rs. 45000 and cost of iPhone 5C will be Rs.55000. and they also revealed that iPhone 5C will not be available in india less than Rs. 30000.

    Specifications of 5S include 4-inch Retina Display powered by A7 chipset. Ram will be 1GB while it will provide in the box with 16GB/32GB/64GB. It will be 56% faster than the launched product of iPhone in 2007. A M7 sensor chip also included. A 8 mega pixcel camera with Dual LED flashlight are also in the list of specification.

    The specification of 5C is same like iPhone 5 the company says but it has bigger battery than iPhone 5. The company says that iPhone 5C is an expensive phone. It is made of plastic and powered by Apple A6x chipset which is a dual core. It has 8 MP facing camera with 4G LTE service which is compatible with Indian network.