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Rapid Reaction: Apple Is Still A 'Cash Machine' And A 'Whole Ecosystem Story'
Wednesday, July 31, 2019 - 9:11am | 466Shares of Apple Inc. (NASDAQ: AAPL) gained 4% after reporting encouraging fiscal third-quarter results. The iPhone maker reported a top- and bottom-line beat and Services revenue hit a record higher. Several Apple experts weighed in after the report. Ecosystem Strength The main takeaway from...
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KeyBanc's Hargreaves: Strong iPhone Sales In Q3 Is A Concern
Wednesday, August 2, 2017 - 1:23pm | 415Apple Inc. (NASDAQ: AAPL) sold 41.03 million iPhones during its fiscal third quarter, which was higher than the 40.4 million units it sold a year ago and also above the 40.7 million units analysts were expecting. This is encouraging news as it shows demand for iPhones remains strong, right? Not at...
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Deutsche Bank Sees Apple Downside To $140 Following Q3 Earnings Report
Wednesday, August 2, 2017 - 10:36am | 402Apple Inc. (NASDAQ: AAPL)'s strong earnings report coupled with encouraging guidance and a more than 5-percent gain in the stock to hit a new all-time high isn't enough to sway analysts at Deutsche Bank to take a bullish stance. The firm's Sherri Scribner maintains a Hold rating on Apple's stock...
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Cramer: Apple Crushed Earnings, And These 3 Stocks Are Along For The Ride
Wednesday, August 2, 2017 - 9:06am | 426Apple Inc. (NASDAQ: AAPL)'s earnings report on Tuesday was a "thing of beauty" and helped push the stock to all-time highs, CNBC's Jim Cramer said during his daily "Mad Money" show. For the better part of the past year, many investors had been questioning if Apple's best days have passed, Cramer...
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Will Apple's Stock Suffer From A 'Sell The News' Reaction?
Tuesday, August 1, 2017 - 1:40pm | 413Investors have valid reasons to be nervous heading into Apple Inc. (NASDAQ: AAPL)'s earnings report after Tuesday's market close. For starters, there's the possibility a key update to the upcoming iPhone 8 release will result in a "sell the news" reaction, Robert Cihra of...
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Tim Cook Explains How Apple Services Is On Track To Be The Size Of A Fortune 100 Company
Sunday, May 7, 2017 - 10:25am | 409Apple Inc. (NASDAQ: AAPL) CEO Tim Cook promised investors back in January its Services business would become the size of a Fortune 100 company in 2017 and then double in size within four years. On Tuesday, the executive offered an update to his ambitious goal in conjunction with Apple's fiscal...
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Apple Investors Shouldn't Get Carried Away With Hopes For iPhone 8
Wednesday, May 3, 2017 - 10:38am | 377Analyst at Barclays are expecting shares of Apple Inc. (NASDAQ: AAPL) to trade sideways in the near-term and cautioned investors not to buy into any iPhone 8. Barclays' Mark Moskowitz commented in a report that Apple's earnings report and guidance indicates a lack of upside. Specifically,...
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For Apple, Services Segment Beginning To Outshine The iPhone
Tuesday, May 2, 2017 - 11:38am | 336Barclays' Mark Moskowitz maintains an Equal-Weight rating on Apple Inc. (NASDAQ: AAPL)'s stock with a $123 price target ahead of the company's fiscal second-quarter earnings report after Tuesday's market close. According to Moskowitz, Apple's Services business segment continues to be a growing...
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Cash Burn, Model 3 Remain In Focus For Tesla's Q1
Tuesday, May 2, 2017 - 11:14am | 455Apple Inc. (NASDAQ: AAPL) isn't the only notable tech giant scheduled to report quarterly results this week. Tesla Inc (NASDAQ: TSLA) is scheduled to report Wednesday, and expectations for the electric auto maker and energy storage company are just as high as those for the iPhone maker. UBS's Colin...
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Apple Earnings: Analyst Expects Overall 'Solid' Quarter, But Longer-Term Concerns Remain
Tuesday, May 2, 2017 - 10:45am | 449Shares of Apple Inc. (NASDAQ: AAPL) were trading higher by nearly 0.50 percent on Tuesday morning — mere hours before the company's second-quarter earnings report would be released after the trading session. Wells Fargo's Maynard Um maintains a Market-Perform rating on Apple's...
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Will Apple Investors Be Celebrating The Yearly Dividend Hike Day On Tuesday?
Monday, May 1, 2017 - 2:28pm | 365Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal second-quarter results after Tuesday's market close, and with it, possibly a dividend hike. According to a CNBC report, Apple has historically updated its dividend payout in its fiscal second-quarter report, especially after committing...
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Cramer: People 'Don't Care' If iPhone Sales Are Low
Monday, May 1, 2017 - 1:44pm | 291Investors expecting Apple Inc. (NASDAQ: AAPL) to post strong iPhone sales metrics when the company reports its fiscal second-quarter results on Tuesday might be disappointed — but they shouldn't be. CNBC's Jim Cramer highlighted during Monday's "Stop Trading" segment findings from a UBS...
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Jim Cramer: Investors Have 'One More Opportunity' To Buy Apple's Stock
Monday, May 1, 2017 - 9:39am | 339Earnings season's main event will hit the tap this week, as Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal second-quarter results after Tuesday's market close. Apple impressed investors back in February with its first-quarter report, and the stock is up nearly 25 percent since the...
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Apple's Higher Multiple Is Justified, Says Citi
Monday, March 6, 2017 - 10:09am | 285Shares of Apple Inc. (NASDAQ: AAPL) have gained around 20 percent since the start of 2017 and around 35 percent over the past year. The company's stock has been boosted by encouraging earnings reports, the support of billionaire investor Warren Buffett and Wall Street's incremental support of the...
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Analyzing Apple's iPhone Seasonality
Wednesday, February 1, 2017 - 5:36pm | 517Apple Inc.'s (NASDAQ: AAPL) fiscal year first quarter results trumped estimates, primarily on the strength of its cash cow product, the iPhone. iPhone sales for the quarter came in at a record 78.3 million, well above the estimates from sell-side analysts. However, the number was right on...