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3 iPhone Questions Wells Fargo Wants Answered
Wednesday, September 7, 2016 - 11:46am | 292Read More...Investors never know what exactly to expect from Apple Inc. (NASDAQ: AAPL) product launch events. However, with the unveiling of the iPhone 7 coming on Wednesday, Wells Fargo will be looking for three things in particular. Analyst Maynard Um expects Apple to reveal its new iPhone 7 and iPhone 7...
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Using Apple Suppliers' Results, Wells Fargo Sees iPhone Sales Increasing
Monday, July 25, 2016 - 11:15am | 351Read More...Analysts and investors aren't sure if Apple Inc. (NASDAQ: AAPL) will see sales of its iPhone devices surge or plummet over the next year. The investment community is concerned that Apple's next iPhone release, the iPhone 7, won't provide many users with sufficient reason to upgrade...
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Wells Fargo Analysts Say When Is The Best Time To Own Apple Shares
Wednesday, April 27, 2016 - 12:40pm | 326Read More...The best time to own Apple Inc. (NASDAQ: AAPL) shares "is in the May or June timeframe," according to Wells Fargo's Maynard Um whose analysis suggests "now would be the time to get more bullish on AAPL shares." The analyst's per carrier analysis shows investors...
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Apple iPhone Shipments Haven't Peaked, More Growth Coming
Wednesday, January 27, 2016 - 10:56am | 224Read More...The initial market reaction to Apple Inc. (NASDAQ: AAPL)’s Q4 earnings report is a negative one, but Wells Fargo analyst Maynard Um believes the stock is set up well for the long term. As the market for the iPhone becomes more saturated, fears that sales have peaked have spooked investors...
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Apple iPhone Has Upside But Expect Few Watch Details; Wells Fargo Sees $125 To $135 Price On Stock
Monday, July 20, 2015 - 9:16am | 299Read More...In a report published Monday, Wells Fargo analyst Maynard Um maintained a Market Perform rating on Apple Inc. (NASDAQ: AAPL). The analyst expects the company to post strong FQ3 results, with an in-line FQ4. "We maintain our Market Perform given difficult comps approaching, uncertainty into...
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Wells Fargo: BlackBerry 'Surprise' Gross Margin Could Hit 40% Area, Stock Has Valuation Range Of $8-$9
Wednesday, July 1, 2015 - 5:18pm | 205Read More...BlackBerry Ltd (NASDAQ: BBRY) stock has risen slightly in Wednesday's after-hours trading amid commentary from Wells Fargo analyst Maynard Um, who holds a Market Perform on shares with a valuation range of $8 to $9. Um, in particular, sees a potential sale "less likely" in the...
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Elliott Management A 'Possible Snag' In Alcatel-Nokia Deal, Wells Fargo Warns
Monday, June 29, 2015 - 1:51pm | 307Read More...Elliott Management's recently acquired 1.3 percent equivalent stake in Alcatel Lucent SA (NYSE: ALU) could be a prelude to activist moves to boost Alcatel's share price, an analyst said Monday. Alcatel agreed earlier this year to be acquired by Finland-based Nokia Corporation (NYSE: NOK...
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Wall Street Titans Respond To Apple WWDC
Tuesday, June 9, 2015 - 4:43pm | 704Read More...After the highly anticipated Apple Worldwide Developers Conference (WWDC), many analysts had mixed feelings about Apple Inc. (NASDAQ: AAPL). The company announced the following developments: El Capitan (OS X 10.11) The new iOS9 Siri gets more proactive Apple Pay to the UK...
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How's Wall Street Reacting To Day One At WWDC?
Tuesday, June 9, 2015 - 9:04am | 768Read More...Apple Inc. (NASDAQ: AAPL) began its week-long annual Worldwide Developers Conference on Monday. Here is what some of Wall Street's top analysts are saying on Tuesday. FBR: Streaming Music ‘Front And Center' Daniel Ives commented in a note that so far there have been no "...
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What Maynard Um, Brian White Are Expecting From Apple's WWDC
Monday, June 8, 2015 - 11:00am | 501Read More...Since Apple Inc. (NASDAQ: AAPL) became the highest valued company in the world with a $741.16 million market cap, analysts and investors have been following the company’s every move. This week, it looks like reports have focused on the release of the iPhone 6 series and Apple Watch. After...
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What To Expect From Hewlett-Packard's Earnings
Thursday, May 21, 2015 - 12:34pm | 593Read More...Hewlett-Packard Company (NYSE: HPQ) is scheduled to report its second quarter results after Thursday's market close. The Estimize consensus estimate (based on 41 estimates) is calling for the company to earn $0.88 per share on revenue of $25.962 billion. This compares to the Wall Street...
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How The Sale Of Rockstar Consortium Will Be Lucrative For Apple And EMC
Tuesday, March 31, 2015 - 8:43am | 167Read More...Wells Fargo issued a report highlighting Apple Inc. (NASDAQ: AAPL) and EMC Corporation (NYSE: EMC) after the sale of Rockstar Consortium patents. The purchase of Rockstar Consortium patents was completed on February 3 by RPX Corp (NASDAQ: RPX) for $900 million. Analysts Maynard Um and Munjal Shah...
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BlackBerry Will Likely Look At Strategic Alternatives Beyond A Sale, Says Wells Fargo
Friday, March 27, 2015 - 10:14am | 249Read More...In a report published Friday, Wells Fargo analyst Maynard Um commented briefly following BlackBerry Ltd (NASDAQ: BBRY)'s fourth quarter results. According to Um, BlackBerry's revenue of $660 million was below his expectations of $721 million and "well below" the Street's...
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Why Wells Fargo Just Downgraded EMC
Wednesday, March 11, 2015 - 1:08pm | 360Read More...Wells Fargo downgraded EMC Corporation (NYSE: EMC) Wednesday from Outperform to Market Perform and lowered its valuation range from $31-$34 to $26-$28. Analysts led by Maynard Um made the rating change following a meeting with management and thought the stock had "limited downside risk...
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IBM's Strategy Is 'Right,' Wells Fargo Says; Others Less Sure
Friday, February 27, 2015 - 12:55pm | 569Read More...In a report published Friday, Wells Fargo analyst Maynard Um wrote that International Business Machines Corp. (NYSE: IBM) marked a "change in tone to one of a company going more on the offensive" during its Investor Day presentation. Um noted that IBM highlighted its long-term growth...
