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Analysts Offer Commentary on Apple Inc. (AAPL) and Paypal Holdings Inc (PYPL)

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Analysts are weighing in on the consumer electronics giant Apple Inc. (NASDAQ:AAPL) and online payment giant Paypal Holdings Inc (NASDAQ:PYPL), as both companies are heading into earnings. Subsequently, U.S. stocks edged lower Wednesday in lackluster trade, while weakness in the health-care sector helped to limit gains.

Apple Inc.

Based on our survey work and analysis, Canaccord analyst Michael Walkley believes Apple is maintaining strong share of the premium tier smartphone market. While Walkley believes the iPhone 6S products should enable Apple to continue to post strong sales and high-end smartphone market share gains, he anticipates the rate of share gains will slow given our survey work indicates ongoing slower growth trends for the global smartphone market.

Walkley wrote, “Our survey work indicates iPhone sales are maintaining strong share of the high-end smartphone market, especially in North America. Further, with Apple announcing its own installment program, we believe this will also help increase the rate in which iPhone consumers upgrade their devices. We believe the growing mix of consumers choosing installment plans combined with Apple’s own installments plans will positively impact replacement sales.”

“However, we believe overall global smartphone...


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