Apple Inc. (NASDAQ:AAPL) updated the entire iMac® family, bringing a stunning new Retina® 4K display to the 21.5-inch iMac for the first time and the Retina 5K display to every 27-inch iMac. The new Retina displays make photos and videos more immersive and true-to-life thanks to a wider color gamut and spectacular image quality. The updated iMacs also feature more powerful processors and graphics, two Thunderbolt® 2 ports and new storage options that make the high-performance Fusion Drive even more affordable.
Apple today also introduced a new lineup of wireless accessories including the all-new Magic Keyboard™, Magic Mouse® 2 and Magic Trackpad® 2. The Magic devices have been redesigned to feel more comfortable than ever, and feature rechargeable batteries that completely eliminate the need for disposable batteries. The new Magic Trackpad 2 also brings Apple’s revolutionary Force Touch interface to the desktop, adding a new dimension to the iMac experience.
“From the first iMac to today, the spirit of iMac has never wavered — deliver the ultimate desktop experience with the latest technologies, gorgeous displays and cutting-edge designs,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “These are the most stunning iMacs we’ve ever made. With our gorgeous new Retina displays, more powerful processors and graphics and all-new Magic accessories, the new iMac continues to redefine the ultimate desktop experience.”
With Retina display, text appears sharper than ever, videos are unbelievably lifelike and you can see new levels of detail in your photos. The 21.5-inch iMac is available with the all-new Retina 4K display featuring an amazing 4096 x 2304 resolution and 9.4 million pixels, 4.5 times more than the standard 21.5-inch iMac display. Every 27-inch iMac features a Retina 5K display, the world’s highest resolution all-in-one display with a stunning 14.7 million pixels, 7 times more pixels than an HD display. With a Retina display now on the 21.5-inch iMac and every 27-inch iMac, iMac with Retina display is more affordable than ever.
The new Retina displays feature a wider color gamut that brings more brilliant and true-to-life colors to your desktop. With standard sRGB-based displays, many of the colors you see in real life never make it to your screen. The new Retina 5K and 4K displays feature a wider P3-based color gamut that provides a 25 percent larger color space, and with more available colors, images are more vivid, reveal even greater detail and appear more lifelike than ever.
Faster and more powerful than ever, the new 27-inch iMac with Retina 5K display now comes with sixth-generation Intel Core processors and the latest AMD high-performance graphics that deliver up to 3.7 teraflops of compute power. The new 21.5-inch iMac with Retina 4K display features a fifth-generation Intel Core processor and enhanced Intel Iris Pro Graphics. Two Thunderbolt 2 ports now come standard on all iMacs and deliver up to 20Gbps data transfer speeds for external drives and high-performance peripherals. And three stream 802.11ac Wi-Fi allows iMac to support up to 1.3Gbps wireless networking.*
Fusion Drive combines the large storage capacity of a hard drive with the high performance of flash to deliver shorter boot times and faster access to apps and files. Fusion Drive works in conjunction with OS X® to adapt to the way you use your iMac and automatically moves the files and apps you use most often to flash storage. The incredible performance of Fusion Drive is now more affordable with a new, lower-priced configuration that pairs a 1TB hard drive with 24GB of fast flash. Fusion Drive is also available with 2TB and 3TB configurations with 128GB of fast flash for more demanding workloads. For the ultimate in storage performance, optional all flash storage is available up to 1TB and is now up to 2.5 times faster.**
The all-new Magic Keyboard, Magic Mouse 2 and Magic Trackpad 2 are more comfortable, capable and environmentally friendly. Designed around a built-in rechargeable lithium-ion battery, all three accessories eliminate the need for disposable batteries and feature a noticeably more solid internal structure and quality feel. The new Magic Keyboard features a full-size keyboard in a sleek new design that takes up 13 percent less space on your desktop. With a new scissor mechanism and lower profile, the Magic Keyboard provides an incredibly stable, precise and comfortable typing experience. The new Magic Mouse 2 is lighter, sturdier and features an optimized foot design for a smoother glide. The new Magic Trackpad 2 features a 29 percent larger surface and brings Force Touch to the desktop for the first time. Force Touch enables a range of new ways to interact with your Mac®, including the new Force click to quickly look up a word, preview a file or bring up a map from an address. The new Magic devices pair instantly with your Mac as soon as they are plugged in via the Lightning®-to-USB charging cable, and can last about a month or more on a full charge.***
Every new Mac comes with OS X El Capitan, the latest version of OS X that refines the Mac experience and improves system performance. El Capitan builds on the groundbreaking features and beautiful design of OS X Yosemite, with updates to window management, built-in apps and Spotlight® search, and performance improvements to make everyday activities — like launching and switching apps, opening PDFs and accessing email — faster and more responsive. El Capitan was specifically designed for the Retina display and features a new system font called San Francisco that has been fine-tuned for optimal readability on a Retina display. (Original Source)
Shares of Apple closed yesterday at $111.60. AAPL has a 1-year high of $134.54 and a 1-year low of $92. The stock’s 50-day moving average is $111.72 and its 200-day moving average is $121.46.
On the ratings front, Apple has been the subject of a number of recent research reports. In a report released yesterday, Morgan Stanley analyst Kathryn Huberty maintained a Buy rating on AAPL, with a price target of $162, which implies an upside of 45.2% from current levels. Separately, on October 9, Deutsche Bank’s Ross Seymore maintained a Hold rating on the stock and has a price target of $125.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Kathryn Huberty and Ross Seymore have a total average return of 14.6% and 20.1% respectively. Huberty has a success rate of 61.7% and is ranked #128 out of 3775 analysts, while Seymore has a success rate of 72.2% and is ranked #36.
The street is mostly Bullish on AAPL stock. Out of 37 analysts who cover the stock, 27 suggest a Buy rating , 9 suggest a Hold and one recommends to Sell the stock. The 12-month average price target assigned to the stock is $147.72, which represents a potential upside of 32.4% from where the stock is currently trading.