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Briefly: Uber iOS app updated, increased Canaccord Apple target price

updated 09:48 pm EST, Mon March 3, 2014

Uber update replaces SMS with push notifications

Uber has announced its update for its iOS app, featuring a shift from SMS message notifications to push notifications. Soon to include real-time information regarding its recently announced surge pricing, the taxi travel app now accepts PayPal as a fare payment option, meaning no credit card is required. Uber is free to download through iTunes.

Target price for Apple deemed to increase, according to Canaccord

Canaccord Genuity analyst Michael Walkley has stated that Apple (AAPL) could gain market share of the high-end smartphone and tablet markets during 2H/2014. The report's summations are based on the belief that new iPhones and iPads with larger screen sizes could create a strong upgrade cycle among Apple's consumer base. Reiterating a 'buy' rating, Walkley has increased his target price to $600, from $570.

by MacNN Staff



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