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Apple iPhone Settlement Deadline Extended: Users Get Extra Time To File Claims To Get Up To $349
Monday, July 1, 2024 - 4:11am | 573The deadline for Apple Inc.‘s (NASDAQ:AAPL) iPhone 7 and iPhone 7 Plus users to claim a portion of the $35 million settlement fund, established after a class-action lawsuit regarding audio issues, has been extended. What Happened: The deadline for users to claim a payment from the settlement...
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Samsung Introduced 10 Times The Number Of Models In 2016 Than Apple; Did It Translate To Market Share?
Friday, February 24, 2017 - 2:55pm | 756SAMSUNG ELECTRONIC KRW5000 (OTCMKTS:SSNLF) had a forgettable year in 2016, as it was forced to recall its flagship Galaxy Note 7 worldwide following incidences of fire hazard. Subsequently, the company halted production of the product. The South Korean company had pinned its hopes on this...
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7 Big Highlights From Apple's Q1 Conference Call
Wednesday, February 1, 2017 - 11:30am | 395Apple Inc. (NASDAQ: AAPL) shares are up 5 percent in early trading on Wednesday after the company delivered a huge quarterly earnings beat. If you saw the top- and bottom-line numbers but didn’t sit through the earnings call, here are seven things you missed about Apple’s tremendous...
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Apple Isn't Massively Benefiting From Samsung Note 7 Recall, But Google Pixel Is
Monday, November 21, 2016 - 3:53pm | 616While many have thought Apple Inc. (NASDAQ: AAPL) is the big winner from Samsung’s Note 7 recall, there is a catch. Samsung Recall's Lasting Effects There is no denying of the fact that Apple benefited from the recall, but the gain has not been as large as expected, with Apple’s own...
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6 Reasons Apple Is Bullish On China
Monday, October 31, 2016 - 9:04am | 675Apple Inc. (NASDAQ: AAPL) shares plummeted more than 2.2 percent following the release of the company’s fiscal Q4 earnings last week. Despite an earnings and revenue beat, the market was disappointed by shrinking margins and 30 percent decline in China sales. For years, China has been the...
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JJ Kinahan On Apple's Earnings, Inability To Keep Secrets: 'We Haven't Seen The Magic'
Wednesday, October 26, 2016 - 2:08pm | 389JJ Kinahan, TD Ameritrade's chief market strategist, offered his take on Apple Inc. (NASDAQ: AAPL)'s earnings report. Earnings Report, Reviewed Speaking with Benzinga, Kinahan pointed out that Apple's stock has had a strong run, and — even including Wednesday's selloff — it is still...
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Apple: A Secular Growth Company
Wednesday, October 26, 2016 - 1:42pm | 244Close on the heels of Apple Inc. (NASDAQ: AAPL) delivering $0.02 a share higher than the estimates, Global Equities Research's Trip Chowdhry believes Apple is a secular growth story. The analyst thinks the biggest and the longest upgrade cycle for iPhone has just commenced. While stating that the...
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Barclays: 'iPhone Goodness Cometh'
Wednesday, October 26, 2016 - 8:50am | 343Reviewing Apple Inc. (NASDAQ: AAPL)'s September quarter results, Barclays commented, "iPhone goodness cometh." The firm noted the company's loyal customer base and a record number of Android conversions benefited its iPhone results and implied guidance. Beats On All...
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Samsung's Problems Don't Necessarily Quell Apple Demand Concerns
Tuesday, October 25, 2016 - 2:31pm | 327Investors shouldn't rush to conclude that Apple Inc. (NASDAQ: AAPL)'s iPhone growth concerns are automatically solved from Samsung's decision to discontinue manufacturing and selling its Galaxy Note 7 devices. According to JPMorgan's Rod Hall, Apple is expected to report fourth-quarter revenue of $...
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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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Bank Of America Highlights 4 Flaws In Disappointing Apple iPhone 7 Data
Monday, September 26, 2016 - 11:04am | 247Apple Inc. (NASDAQ: AAPL) shares have stabilized in early Monday trading following a volatile Friday selloff on a report by GfK that the iPhone 7 and 7 Plus registered 25 percent lower sales in their opening weekend than the previous iPhone model. Bank of American analyst Wamsi Mohan believes...
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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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UBS Raises Target On Apple To $127 Amid Evidence Lab Survey
Tuesday, September 20, 2016 - 10:22am | 320UBS is the latest brokerage to boost its price target on Apple Inc. (NASDAQ: AAPL) shares, from $115 to $127 citing initial demand indicated "encouraging Evidence Lab analysis of search volumes." Interestingly, analyst Steve Milunovich sees less interest for iPhone 7 compared to...
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Buy Apple On The iPhone 7 Launch, As Demand Is Exceeding Supply: Citi
Monday, September 19, 2016 - 7:38am | 349Citi’s store checks suggest there has been robust preorder activity for the iPhone 7. Jim Suva maintained a Buy rating on Apple Inc. (NASDAQ: AAPL), with a target price of $120. Suva mentioned that store checks at Apple, as well as at carrier stores in the U.S., Canada and Asia revealed...
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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:...