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Cannabis Vaping Products And E-cigarettes Company Goes Public, Secures $18.9M In Initial Offering
Friday, April 7, 2023 - 9:00am | 450Ispire Technology Inc. (NASDAQ: ISPR) announced the closing of its initial public offering of 2.7 million shares of common stock at the initial public offering price of $7.00 per share. Gross proceeds from the offering were approximately $18.9 million, before underwriting discounts and commissions...
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Apple May Build 'New' Car Project Team By End-2022, Says Analyst: What It Means For Cupertino's Self-Driving EV Plans
Thursday, September 29, 2022 - 5:50am | 566Apple Inc.'s (NASDAQ: AAPL) self-driving car is continuing to be pushed out despite on-and-off rumors about the project getting started. What Happened: Cupertino could have soon a well-set team in place for the car project, according to Apple analyst Ming-Chi Kuo from Taiwan-based TFI...
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How's China Taking To iPhone 14 Lineup? Analyst Shares Insights, Strategy To Boost Profits In Mature Market
Friday, September 9, 2022 - 3:58am | 446Apple, Inc. (NASDAQ: AAPL) launched its newest iPhone lineup on Wednesday and the reactions have been mixed. Prominent Apple analyst Ming-Chi Kuo offered his take on the early pointers towards the uptake of the iPhone 14 models in China, one of Cupertino’s key...
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Will iPhone 14 Feature Satellite Connectivity? Analyst Says This Will Be The Determining Factor
Tuesday, August 30, 2022 - 4:28am | 362Apple, Inc. (NASDAQ: AAPL) analysts have begun discussing Cupertino’s long-rumored satellite Phone after the company sent out the invite for the Sept. 7 iPhone launch event. What Happened: Apple has tested satellite communication in the iPhone 14 before mass production and has completed...
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New MacBook Pro May Not Feature Chips Utilizing Most-Advanced Process Node Tech
Tuesday, August 23, 2022 - 5:19am | 305Apple, Inc. (NASDAQ: AAPL) upcoming MacBook Pro models may not be powered by chips manufactured using the most advanced process node technology. What Happened: The new 14-inches and 16-inches MacBook Pro that would have new processors will enter mass production in the fourth quarter of 2022, TFI...
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Amazon's New In-House AWS Inferentia Chip Could Boost Cloud Business: Analyst
Tuesday, August 16, 2022 - 11:38am | 342Amazon, Inc. (NASDAQ: AMZN) can increase its dominance in cloud with its in-house AWS Inferentia chip, according to Taiwan-based TFI Securities analyst Ming-Chi Kuo. What Happened: AWS Inferentia is Amazon’s first custom silicon designed to accelerate deep learning workloads. It would...
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Will China-Taiwan Tensions Upset iPhone 14 Launch? Apple Analyst Weighs In
Wednesday, August 10, 2022 - 1:58am | 317Apple, Inc. (NASDAQ: AAPL) has thus far remained immune to the geopolitical tensions brewing in southeast Asia, which is the company’s main production hub, TFI Securities analyst Ming-Chi Kuo has suggested. The standoff between China and the U.S. took a turn for the...
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Noted Apple Analyst Pins Precise Timeline On MR Headset Launch
Wednesday, June 8, 2022 - 7:27am | 333Apple, Inc. (NASDAQ: AAPL) was tight-lipped about the mixed reality headset at the Worldwide Developers Conference keynote presentation on Monday. This has given fodder to rumor mills to speculate on the potential launch timeframe. Kuo Expects Pushback: Apple's MR headset may begin shipping by...
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Why This Apple Analyst Recommends Avoiding Qualcomm And Android-Related Stocks
Monday, May 23, 2022 - 8:23am | 407A prominent Apple, Inc. (NYSE: AAPL) analyst has warned of tough times ahead for Android phone manufacturers. Order Cuts Across Android Supply Chain: Major Chinese Android brands have lowered their orders by another 100 million orders since TFI Securities' previous survey on March 31, analyst...
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Noted Tesla, Apple Analyst Says Consumer Electronics Demand 'Disappearing, Not Deferred,' Sees Further Stock Downside
Sunday, May 22, 2022 - 1:44pm | 338Shanghai, the business capital of China, is slowly beginning to reopen following citywide lockdowns due to a spike in COVID cases. Businesses have restarted production and civilians are now allowed to move out of their apartment complexes with time restrictions. An analyst, however,...
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Famed Apple Analyst Says He 'Can't Find Any Reason To Be Optimistic' On Consumer Electronics Demand
Saturday, May 7, 2022 - 12:00pm | 236The COVID lockdowns in China and the ongoing Russia-Ukraine war are casting a cloud on the outlook for the consumer electronics industry, prominent Apple, Inc. (NASDAQ: AAPL) analyst Ming-Chi Kuo said on Friday. Kuo's pessimism stems from geopolitical tensions that are threatening to...
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Why Is Apple Selling Refurbished MacBook Pros Online?
Wednesday, April 27, 2022 - 5:36am | 437There is a lot of uncertainty around the demand and supply outlook for Apple, Inc.'s (NASDAQ: AAPL) products amid the fluid economic and geopolitical conditions. A prominent Apple analyst shared a data point that suggests Cupertino has found a workaround to keep supply ticking. New Mantra:...
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Why Apple May Skip Issuing Guidance On Q2 Earnings Call — And Not Talk About China Risks
Monday, April 25, 2022 - 7:09am | 492Apple Inc (NASDAQ: APPL) is scheduled to report its second-quarter earnings Thursday after the close. To Be Thin On Details? If there is no significant improvement in the resumption of production in China before the earnings call, Cupertino may not release third-quarter guidance,...
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Apple Analyst Warns Of 'Considerable Risk' For Tech Sector In Coming Months
Thursday, April 7, 2022 - 3:41pm | 349Tech stocks have been routed in the current market downturn and there could be more pain ahead for them. What Happened: The order cuts implemented by most consumer electronics brands have only taken into account the impact of the Russian-Ukraine war on the demand from these nations, famed Apple,...