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What A Slowdown In China Means For Apple
Monday, October 15, 2018 - 12:16pm | 616Economic concerns in China and could potentially impact Apple Inc. (NASDAQ: AAPL) as consumer demand slows in the world's second-largest economy, according to Goldman Sachs. The Analyst Analyst Rod Hall maintains a Neutral rating on Apple's stock with an unchanged $240 price target....
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UBS On Apple: The Positives Still Outweigh The Negatives, Raise Price Target To $210
Friday, June 1, 2018 - 11:15am | 431Despite "tepid" iPhone demand and other concerning read-outs, there are still plenty of reasons to like Apple Inc. (NASDAQ: AAPL)'s stock, according to UBS. The Analyst UBS' Steven Milunovich maintains a Buy rating on Apple's stock with a price target lifted from $...
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Morgan Stanley: iPhone X Is Winning Market Share In China
Thursday, February 15, 2018 - 10:11am | 409Apple Inc. (NASDAQ: AAPL)'s revenue from China is closely watched by investors and Wall Street analysts, and the latest data points from the world's biggest smartphone market reinforces a bullish stance on the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Katy...
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Apple's Q1: Meager iPhone Growth Balanced By Strength In Services Segment, China, And Capital Return
Friday, February 2, 2018 - 9:10am | 426Apple Inc. (NASDAQ: AAPL)'s fiscal first quarter earnings report consisted of a combination of an earnings beat and a disappointing forward guidance. Digging beyond the headline numbers shows the bull case is slightly stronger than it was heading into the print, according to analysts at...
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Morgan Stanley Projects A Q1 Beat For Apple
Thursday, January 25, 2018 - 10:54am | 611Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal first quarter results on Thursday, Feb. 1, and it's expected to be the company's biggest and most profitable quarter ever, according to AppleInsider. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight...
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3 Areas To Watch In Apple's Upcoming Earnings Report
Monday, January 22, 2018 - 12:08pm | 419Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal first quarter results Feb. 1 and expectations are high for the iPhone maker after the stock's nearly 50 percent return over the past year. The Analyst Wells Fargo's Aaron Rakers maintains a Market Weight rating on Apple'...
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For Apple, It's All About The 'X' Factor Now
Friday, November 3, 2017 - 10:51am | 435Heading into Apple Inc. (NASDAQ: AAPL)'s earnings report on Thursday, many investors had concerns surrounding the fiscal first quarter guidance, as it would include initial iPhone X projections. But once released, the guidance was "better than feared," Morgan Stanley's Katy...
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The Latest Developments Between Apple And Qualcomm
Friday, October 13, 2017 - 1:47pm | 387The ongoing dispute between Apple Inc. (NASDAQ: AAPL) and QUALCOMM, Inc. (NASDAQ: QCOM) took a step for the worse on Friday. Qualcomm filed a patent suit in a Beijing, China intellectual property court in which it's claiming a patent infringement and seeks injunctive relief, Bloomberg reported...
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Piper Jaffray's Mike Olson: Apple Needs To Keep Up With Chinese Innovation
Wednesday, August 2, 2017 - 11:06am | 574Apple Inc. (NASDAQ: AAPL) may have saved the tech sector and the market as a whole Tuesday, reporting a solid earnings beat for the third quarter. The company reported EPS of $1.67 and $45.4 billion in sales compared the consensus estimates of $1.57 and $44.89. Benzinga had Piper Jaffray’s...
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Deutsche Bank Sees Apple Downside To $140 Following Q3 Earnings Report
Wednesday, August 2, 2017 - 10:36am | 402Apple Inc. (NASDAQ: AAPL)'s strong earnings report coupled with encouraging guidance and a more than 5-percent gain in the stock to hit a new all-time high isn't enough to sway analysts at Deutsche Bank to take a bullish stance. The firm's Sherri Scribner maintains a Hold rating on Apple's stock...
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Analyst: Apple's 'Lame Duck' Quarter Report Doesn't Mean Anything
Monday, July 31, 2017 - 4:37pm | 394Apple Inc. (NASDAQ: AAPL)'s earnings report Tuesday doesn't warrant much attention, at least according to Maxim Group's Nehal Chokshi, who described Apple's June-ending quarter as a "lame duck." In essence, it doesn't matter what Apple says or does in the quarter,...
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What The Future Holds For Apple In China
Monday, June 26, 2017 - 1:51pm | 365Apple Inc. (NASDAQ: AAPL)'s success or failure hinges on the iPhone's performance in China, UBS's Steven Milunovich commented in a research report. The analyst is modeling Apple's iPhone unit growth in fiscal 2018 to be 15 percent, which would mark a reversal after two years of 20 percent unit...
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Following Mizuho's Surprising Apple Downgrade, Looking Back At Tim Cook's Comments On China
Tuesday, June 13, 2017 - 3:48pm | 374Mizuho's Abhey Lamba's downgrade of Apple Inc. (NASDAQ: AAPL) was party based on the belief that contributions from the key Chinese market will fall short of expectations over time. But what does Apple's CEO Tim Cook have to say about its prospects in China? Speaking to Bloomberg Television's Emily...
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Analysis: Even An iPhone Super Cycle Doesn't Make Apple Shares A Buy At These Levels
Monday, June 12, 2017 - 8:57am | 414Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by more than 2 percent early Monday morning after a rare Wall Street downgrade. Mizuho's Abhey Lamba downgraded Apple's stock from Buy to Neutral with a price target lowered from $160 to $150 following a meaningful outperformance since the...
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6 Important Questions Apple Investors Should Be Asking
Tuesday, May 23, 2017 - 12:18pm | 480Toni Sacconaghi, one of the most notable Apple Inc. (NASDAQ: AAPL) analysts on the Street, published a research report on Tuesday that contains six of the most common questions Apple investors should be asking. 1. How High Can Apple's Stock Go? According to the analyst, the full potential of the...