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Apple Experts React To iPhone Maker's Revenue Warning, Coronavirus Threat
Tuesday, February 18, 2020 - 10:23am | 599Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by 2% early Tuesday morning after the iPhone maker said it doesn't expect to meet its prior fiscal second-quarter revenue guidance of $63 to $67 billion due to the coronavirus outbreak. Here's how several experts reacted to the...
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Bank Of America Upgrades Apple To Buy, Says Street Is Too Pessimistic
Monday, March 11, 2019 - 9:44am | 599Shares of Apple Inc. (NASDAQ: AAPL) remain lower by around 26 percent since its all-time highs and BofA recommends investors to be buyers of the pullback. The Analyst Bank of America's Wamsi Mohan upgraded Apple from Neutral to Buy with a price target lifted from $180 to $210. Apple's stock...
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Wall Street Reacts To Apple's Q1 Earnings, Guidance
Wednesday, January 30, 2019 - 11:41am | 1195Many Apple Inc. (NASDAQ: AAPL) investors are breathing a sigh of relief after the company's fiscal first-quarter results came in slightly better than expected and the stock initially jumped higher by more than 5 percent. Here is a summary of how some of the Street's top analysts reacted to...
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Apple CEO Tim Cook Talks With Jim Cramer—Here Are The Key Takeaways
Wednesday, January 9, 2019 - 10:57am | 719Apple Inc. (NASDAQ: AAPL) CEO Tim Cook spoke with CNBC's Jim Cramer in an interview aired Tuesday evening covering multiple topics from Apple's services business, China concerns, Wall Street "naysayers" and more. What To Expect In 2019 Investors and Apple enthusiasts will be...
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What The Pros Are Saying After Apple's 'Darkest Day'
Friday, January 4, 2019 - 1:17pm | 569Wedbush's Dan Ives said in a Thursday note Apple Inc. (NASDAQ: AAPL)'s "jaw-dropping" guidance revision represents the "darkest day" in the company's history. Here's what some experts are saying as the dust begins to settle. Cramer: Chinese...
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Pros Talk Apple's Chinese Demand, Product Innovation After Guidance Cut
Thursday, January 3, 2019 - 4:39pm | 637Apple Inc. (NASDAQ: AAPL) hit a new 52-week low of $142.08 Thursday after the company revised its December-ending quarter guidance to the downside. Here's how top technology experts and analysts were reacting to the announcement. Zoe Financial CEO: Chinese Consumers Are Different ...
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'Jaw-Dropping': Wall Street Reacts To Apple's Guidance Cut, China Business
Thursday, January 3, 2019 - 12:46pm | 1097Apple Inc. (NASDAQ: AAPL) cautioned investors Wednesday that its holiday quarter revenue is likely to come in "lower than anticipated." Here's how Street analysts are reacting to the guidance cut. The Analyst Wedbush's Dan Ives maintains an Outperform rating...
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Wedbush Adds Apple To Best Ideas List, Sees Opportunity In iPhone Upgrades Next Year
Friday, October 19, 2018 - 10:59am | 499Heading into 2019, the Street is expecting Apple Inc. (NASDAQ: AAPL) to ship around 220 million iPhone units, but this estimate is likely to prove conservative and could be overlooking a much larger "window of opportunity," according to Wedbush. The Analyst Wedbush's Daniel...
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What A Slowdown In China Means For Apple
Monday, October 15, 2018 - 12:16pm | 616Economic concerns in China and could potentially impact Apple Inc. (NASDAQ: AAPL) as consumer demand slows in the world's second-largest economy, according to Goldman Sachs. The Analyst Analyst Rod Hall maintains a Neutral rating on Apple's stock with an unchanged $240 price target....
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UBS On Apple: The Positives Still Outweigh The Negatives, Raise Price Target To $210
Friday, June 1, 2018 - 11:15am | 431Despite "tepid" iPhone demand and other concerning read-outs, there are still plenty of reasons to like Apple Inc. (NASDAQ: AAPL)'s stock, according to UBS. The Analyst UBS' Steven Milunovich maintains a Buy rating on Apple's stock with a price target lifted from $...
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Morgan Stanley: iPhone X Is Winning Market Share In China
Thursday, February 15, 2018 - 10:11am | 409Apple Inc. (NASDAQ: AAPL)'s revenue from China is closely watched by investors and Wall Street analysts, and the latest data points from the world's biggest smartphone market reinforces a bullish stance on the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Katy...
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Apple's Q1: Meager iPhone Growth Balanced By Strength In Services Segment, China, And Capital Return
Friday, February 2, 2018 - 9:10am | 426Apple Inc. (NASDAQ: AAPL)'s fiscal first quarter earnings report consisted of a combination of an earnings beat and a disappointing forward guidance. Digging beyond the headline numbers shows the bull case is slightly stronger than it was heading into the print, according to analysts at...
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Morgan Stanley Projects A Q1 Beat For Apple
Thursday, January 25, 2018 - 10:54am | 611Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal first quarter results on Thursday, Feb. 1, and it's expected to be the company's biggest and most profitable quarter ever, according to AppleInsider. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight...
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3 Areas To Watch In Apple's Upcoming Earnings Report
Monday, January 22, 2018 - 12:08pm | 419Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal first quarter results Feb. 1 and expectations are high for the iPhone maker after the stock's nearly 50 percent return over the past year. The Analyst Wells Fargo's Aaron Rakers maintains a Market Weight rating on Apple'...
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For Apple, It's All About The 'X' Factor Now
Friday, November 3, 2017 - 10:51am | 435Heading into Apple Inc. (NASDAQ: AAPL)'s earnings report on Thursday, many investors had concerns surrounding the fiscal first quarter guidance, as it would include initial iPhone X projections. But once released, the guidance was "better than feared," Morgan Stanley's Katy...