Company Update (NASDAQ:AAPL): Here are the Albany banks that offer Apple, Samsung, Android Pay

[at American City Business Journals] – As banks and credit unions in the Albany, New York, area continue to innovate, more have signed up to offer mobile payments systems, including Apple Pay, Android Pay and Samsung Pay. Apple Pay is a mobile payment and digital wallet application by Apple Inc.(AAPL). People with the latest iPhones and iPads can add any credit or debit cards and then use their phones to make a purchase at retailers and apps that accept Apple Pay. Read more on this. Apple Inc. (AAPL) , valued at $604.14B, started the session at $108.95. Looking at the stock, its one day range is $107.95 to $108.98 with its 52-week range being $92.00 to $134.54. AAPL shares are currently priced at 11.15x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 8.24x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.08 per share annually in dividends, yielding 1.94%. Consensus earnings for the current quarter by the 40 sell-side analysts covering the stock is an estimate of $3.25 per share, which would be $0.19 better than the year-ago quarter and a $0.07 sequential increase. The full-year EPS estimate is $9.74, which would be a $0.52 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $77.10 Billion. If realized, that would be a 3.35% increase over the year-ago quarter. More recently, Wells Fargo upgraded AAPL from Market Perform to Outperform (Aug 25, 2015). Previously, BofA/Merrill downgraded AAPL from Buy to Neutral. The average price target for AAPL shares by the analysts covering the stock is $148.00, which is 35.84% above where the stock opened this morning. See more in (NASDAQ:AAPL) Similar Articles: Market Update (NASDAQ:AAPL): Android Circuit: Unique BlackBerry Priv Reviewed, Android One Has Failed, Apple’s Android Invasion Market Update: Apple Inc (NASDAQ:AAPL) – Android Circuit: Nexus 5 Launch Date, Nokia’s Leaked Android Smartphone, Apple Hunts Android Users Market Update: Apple Inc (NASDAQ:AAPL) – Android Circuit: Samsung Surrenders To Apple, New Galaxy Note 5 Details, Next Moto G Leaked
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