Kulbinder Garcha

Credit Suisse in a note termed Apple Inc.'s (NASDAQ: AAPL) fiscal year second quarter results as "OK" and noted that Services thesis is intact. Services grew 18 percent year-over-year, with strong App store growth of 40 percent. The firm attributed the slight deceleration in sales...

Issuing a note on Apple Inc. (NASDAQ: AAPL)'s services update, Credit Suisse derived five key conclusions. The firm also dwelled on options before Apple if it were to pursue inorganic growth and zeroed in on Netflix, Inc. (NASDAQ: NFLX) as the most likely option. Apple's services business includes...

The strong first-quarter results made Apple Inc. (NASDAQ: AAPL) sweet again for investors, with several points to cheer — including return of iPhone growth and continued solid performance in the services unit. Apple reported 78.3 million in sales of iPhone units for the quarter ended December...

Kulbinder Garcha of Credit Suisse maintained an Outperform rating and $150 price target on Apple Inc. (NASDAQ: AAPL) ahead of its fiscal first quarter results, scheduled to be released on January 31. Garcha is estimating Apple will earn $3.11 per share in the quarter on revenue of $75.6 billion...

In the wake of Apple Inc. (NASDAQ: AAPL)'s statement last Friday, alleging anti-competitive practices on the part of QUALCOMM, Inc. (NASDAQ: QCOM), Credit Suisse highlighted in a note on Monday the multiple legal woes that have befallen the latter. Apple's Allegations Analyst Kulbinder...

Following the Conduent spinoff, Xerox Corp (NYSE: XRX) has “a more focused print business, potential upside to cost savings, strong management and a well laid out long-term strategy to offset end market decline,” Credit Suisse’s Kulbinder Garcha said in a report. He upgraded the...

The Korea Fair Trade Commission, South Korea’s antitrust regulator, has fined QUALCOMM, Inc. (NASDAQ: QCOM) a record 1.03 trillion won (USD$853 million) for violating antitrust laws related to its licensing business. The company has recently been under scrutiny related to this high-margin...

BlackBerry Ltd (NASDAQ: BBRY) is scheduled to report its FQ3 2017 results on December 20. The company is likely to miss the consensus revenue and gross margin expectations, and in the longer term, SAF and hardware revenue would likely go to zero, with in-house Blackberry hardware being discontinued...

Nutanix Inc (NASDAQ: NTNX), an enterprise cloud company that obviates the need of data center infrastructure for enterprises, reported Tuesday first-quarter pro forma non-GAAP net loss per share of $0.37, wider than the $0.27 in the year-ago period, though narrower than the loss of $0.44 per share...

Credit Suisse’s Kulbinder Garcha expressed concern, noting that some of the levers Cisco Systems, Inc. (NASDAQ: CSCO) has had to offset switching decline in recent quarters seem to be running out. Garcha maintains an Underperform rating on the company, with a price target of $25. Levers The...

Shares of NetApp Inc. (NASDAQ: NTAP) gained more than 10 percent during Wednesday's after-hours trading session, as the company impressed investors with its second-quarter earnings report. Here is a summary of what Wall Street analysts are saying. Morgan Stanley Katy Huberty of Morgan Stanley...

Following Apple Inc. (NASDAQ: AAPL) reporting largely in-line FQ4:16 results and issuing a better-than-anticipated revenue guidance, Credit Suisse’s Kulbinder Garcha recommended buying any dips in the stock. Garcha maintains an Outperform rating on the company, with a price target of $150...