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Apple's 'iPhone X' To Cost $1,000?
Wednesday, February 8, 2017 - 5:01pm | 338Apple Inc. (NASDAQ: AAPL)'s iPhone turns 10 years old in 2017, and fans and investors are expecting a new version of the device that lives up to the relevance of the anniversary. According to Fast Company sources, the iPhone 8 (or iPhone X, as some believe it will be dubbed) will include a new...
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Apple Remains A Top Pick Ahead Of Q4 Results, Brian White Bullish On iPhone Growth Benefits
Monday, October 24, 2016 - 9:41am | 264Drexel Hamilton’s Brian White expects Apple Inc. (NASDAQ: AAPL) to report its sales and EPS ahead of the estimates, when the company reports its Q4 2016 results on Tuesday. White maintained a Buy rating on the company, with a price target of $185. The analyst continues to view Apple as...
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Data From China Reiterates Strong Demand For Apple's iPhone 7 Plus
Monday, October 3, 2016 - 8:58am | 328Supplier checks in China suggest that orders for the iPhone 7 have been stronger than they were for the iPhone 6S, although without any rush orders. According to Goldman Sachs’ Donald Lu, Digitimes reported on September 28 that Apple Inc. (NASDAQ: AAPL) had increased its 16nm orders at...
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This Analysis Shows iPhone 7's Popularity May Be Falling Faster Than iPhone 6/6s
Monday, September 26, 2016 - 10:53am | 287Until Apple Inc. (NASDAQ: AAPL) releases official iPhone 7 sales numbers, traders and analysts will continue trying to piece together the puzzle using third-party data and anecdotal evidence. According to the latest data from TickerTags, social media buzz suggests iPhone 7 mentions are elevated...
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Shorter iPhone 7 Lines Send Mixed Signals About Market Enthusiasm
Friday, September 16, 2016 - 1:17pm | 313Apple Inc. (NASDAQ: AAPL) doesn’t report official iPhone presale numbers. In the meantime, traders are looking wherever they can for signs of how popular the new iPhone 7 and 7 Plus will be among customers. While preorder reports from T-Mobile US Inc (NASDAQ: TMUS) and Sprint Corp (NYSE:...
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Apple's Near-Term iPhone SE Strength Offsets 6s/6s Plus Weakness
Friday, July 15, 2016 - 7:32am | 311Apple Inc. (NASDAQ: AAPL) is scheduled to report its F3Q16 results on July 26. Credit Suisse’s Kulbinder Garcha maintained an Outperform rating on the company, with a price target of $150, saying Apple should be able to sustain “elevated levels” of earnings and FCF in the long...
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Hey, Siri: Why Is An Updated Version Of A 4-Year-Old Apple Device Flying Off The Shelves?
Friday, June 17, 2016 - 5:15pm | 314About three months ago, Apple Inc. (NASDAQ: AAPL) released an overhauled version of the four-year-old iPhone 5, the iPhone SE. The device was conceived as an affordable option to the large-screen iPhone 6 and iPhone 6s, launched in 2015 and 2014, respectively. Although reviews were mixed, and...
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Citigroup: Sell Skyworks Solutions
Thursday, June 9, 2016 - 8:57am | 305Skyworks Solutions Inc (NASDAQ: SWKS) shares have declined 11 percent year-to-date, following the weak March quarter results. Citi’s Atif Malik downgraded the rating on the company from Neutral to Sell, while lowering the price target from $69.50 to $65.00. Malik believes that the stock...
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Citi Upgrades Qorvo On Improved Execution
Thursday, June 9, 2016 - 8:27am | 390Citi has upgraded Qorvo Inc (NASDAQ: QRVO) to Neutral from Sell on "improved execution in integration/share gains and higher proliferation of carrier aggregation design wins." "We believe QRVO can sustain the $ content gain momentum in GS7 and iPhone SE gained this year," analyst Atif Malik wrote...
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Buy Broadcom, Cirrus Logic, Skyworks Amid Meaningful Improvement In iPhone Inventories
Monday, June 6, 2016 - 2:43pm | 372Pacific Crest analysts remain buyers of Broadcom Ltd (NASDAQ: AVGO), Cirrus Logic, Inc. (NASDAQ: CRUS) and Skyworks Solutions Inc (NASDAQ: SWKS) amid meaningful improvement in iPhone inventories due to aggressive promotion by Apple Inc. (NASDAQ: AAPL). The brokerage's "carrier surveys in North...
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Maxim Trims Apple Estimate, Keeps Target Above $150/Share
Wednesday, April 27, 2016 - 1:25pm | 351Maxim's Nehal Chokshi trimmed Apple Inc. (NASDAQ: AAPL)'s estimates, citing the likelihood of another revenue miss from the company before the iPhone 7 cycle kicks in. Chokshi cut his June quarter EPS estimate by 22 percent to $1.33 (consensus was $1.76) and FY16 EPS view by 8 percent to $8.05 (...
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Apple iPhone Builds Are Stabilizing: Credit Suisse Still Bullish Before Earnings
Friday, April 15, 2016 - 10:57am | 452A Credit Suisse analyst said iPhone builds are stabilizing, infusing further optimism in Apple Inc. (NASDAQ: AAPL) ahead of its second-quarter earnings. The comment comes on the heels of an analysis from Pacific Crest's Michael McConnell who cut the estimate of iPhone suppliers to reflect weaker-...
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Apple Demand 'Cold As Ice' In Asia, iPhone Suppliers Face Risk Of Earnings Misses
Thursday, April 14, 2016 - 10:12am | 529The estimates for iPhone suppliers have been reduced to reflect weaker-than-expected demand trends for the iPhone 6s in Asia, Pacific Crest’s Michael McConnell mentioned. iPhone suppliers are headed for earnings misses, with demand for Apple Inc. (NASDAQ: AAPL) under severe pressure....
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Are 'Applenomics' Unfair? iPhone 6S Plus Costs 48% More To Make Than SE, But Is Priced 88% Higher
Friday, April 8, 2016 - 1:18pm | 306iPhone SE from Apple Inc. (NASDAQ: AAPL) is being marketed as the low-cost iPhone targeting emerging markets, as it is a slimmed down version of IPhone 6S and comes at a price of $399. However, the price may not be as much of a bargain as it appears. Let's see whether the $399 price is actually a...
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Chip Orders From Apple May Disappoint Heading Into Q2
Thursday, March 31, 2016 - 3:32pm | 235Chip orders from Apple Inc. (NASDAQ: AAPL) are relatively slow in the second quarter and are unlikely to return to the previous high levels after the third quarter, according to a report from Digitimes. "Overall chip orders placed by Apple for the second quarter will only be slightly...