Rbc Articles on TUAW - The Unofficial Apple Weblog

AAPL down sharply after two ratings cuts

by Robert Palmer (Sep 29th, 2008)

Bad day for Big Rainbow: RBC Capital's Mike Abramsky and Morgan Stanley's Kathryn Huberty cut their ratings and price targets on Apple stock, both citing weakness in consumer spending on PCs. AAPL was down 17.38 at 110.86 (-13.58%) as of this writing: a 20-minute-delayed chart is above. Abramsky's ...

iPhone to become subsidized, non-exclusive?

by Cory Bohon (May 5th, 2008)

RBC analyst Mark Abramsky says that the iPhone will exceed its projected goal of 10 million devices sold in 2008 -- possibly by selling upwards of 14 million. How is Apple going to get these sales figures? Well, Abramsky suggests that AT&T could subsidize the iPhone by up to $200 for the 8GB ...