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Battle Of The 'As': Alphabet Versus Apple
Wednesday, October 5, 2016 - 2:50pm | 530Read More...Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Google unit introduced this week its own branded smartphone, which is expected to compete with Apple Inc. (NASDAQ: AAPL)'s iPhone. But, can it win against the all-powerful iPhone? Related Link: Google's Pixel Phone: Everything You Wanted The iPhone To...
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Wells Fargo Downgrade Catches Apple Bulls Off Guard
Friday, September 9, 2016 - 11:03am | 389Read More...Apple Inc. (NASDAQ: AAPL) is trading mostly flat in early Friday trading after a Thursday downgrade by Wells Fargo caught Apple bulls off guard. Apple unveiled its highly-anticipated iPhone 7 and Apple Watch 2 this week, but Wells Fargo analyst Maynard Um wasn’t impressed. “We see risk/...
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If You Sold Apple Following BGC's Downgrade, Here's How Much Money You Missed Out On
Wednesday, July 27, 2016 - 2:07pm | 251Read More...Analysts at BGC downgraded shares of Apple Inc. (NASDAQ: AAPL) on Monday afternoon. BGC's Colin Gillis argued in his report that Apple and its stock already reached "peak Tim Cook" more than a year ago when the company was worth $775 billion. Related Link: BGC Cuts Apple To $85...
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Apple's Q3 Report: The Current Sell-Side Sentiment
Monday, July 25, 2016 - 5:34pm | 477Read More...Apple Inc. (NASDAQ: AAPL) is scheduled to announce its Q3 results after Tuesday's market close. Let's take a quick look into what notable firms think about the stock. On Monday, BGC's Colin Gillis downgraded Apple's stock from Hold to Sell, trimming his price target from $110...
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BGC Cuts Apple To $85: 'The Muse That Drove Apple Has Gone Somewhere Else'
Monday, July 25, 2016 - 1:00pm | 512Read More...Here's an interesting Haiku courtesy of Colin Gillis if BGC: "It has become clear, that the muse that drove Apple Inc. (NASDAQ: AAPL), has gone somewhere else." In other words, Gillis downgraded Apple's stock to Sell from Hold with a price target slashed to $85 from a previous...
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Bloomberg: Apple Is Set To Introduce 'Sweeping Changes' To Its Music Streaming Service
Wednesday, May 4, 2016 - 9:31am | 269Read More...Apple Inc. (NASDAQ: AAPL)'s streaming music customers appear to be unhappy with the streaming service, prompting the company to implement "sweeping changes," at least according to Bloomberg. Bloomberg, citing "people familiar with the product who asked not to be identified," reported that Apple...
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BGC's Gillis: Yahoo! Inc. Turnaround 'Best Done Out Of Public Eye'
Tuesday, February 2, 2016 - 3:26pm | 321Read More...Yahoo! Inc. (NASDAQ: YHOO) is a "turnaround play that's shown very little turnaround," BGC Partners analyst Colin Gillis said on CNBC Tuesday. The company is "best served being sold and turned around privately," he added. Gillis currently holds a Buy rating on Yahoo....
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Fast Money Picks For July 31
Friday, July 31, 2015 - 6:39am | 184Read More...On CNBC's Fast Money Final Trade, Colin Gillis said that there are plenty of reasons to own LinkedIn Corp (NYSE: LNKD) and plenty reasons not to own it. He thinks that the company deserves "B-" for the Q2 earnings report. Brian Kelly gave a "C" to LinkedIn because he believes that the results were...
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BGC Partners: LinkedIn's Problem Boils Down To Quarterly Outsized Reactions
Friday, May 1, 2015 - 1:03pm | 364Read More...LinkedIn Corp (NYSE: LNKD) reported mixed quarterly numbers on Thursday, but the weak guidance provided by the company resulted in its stock taking a major hit in after-hours trading. GAAP diluted EPS loss for the quarter widened to $0.34 from the $0.11 it posted for the same quarter last year....
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What The Street Thinks Of Amazon Ahead Of Earnings
Thursday, April 23, 2015 - 11:52am | 903Read More...Amazon.com, Inc. (NASDAQ: AMZN) will report Q1 2015 earnings results after the markets close Thursday. Several Wall Street firms gave their opinion ahead of the announcement. Wedbush: Neutral, $395 price target Michael Pachter and Nick Mckay wrote: "Amazon is a dominant online retailer...
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The Apple Watch Is Just 'Noise' Distracting Investors From These Bigger Issues
Saturday, April 11, 2015 - 9:08pm | 418Read More...Apple Inc. (NASDAQ: AAPL)'s Tim Cook is being praised by fans and investors for launching Apple's first new product category in his tenure as CEO. According to BGC analyst Colin Gillis, however, coverage of the Apple Watch is all noise. Gillis was recently on CNBC to discuss what is he...
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What Investors Should Expect From BlackBerry's Q4 Results
Thursday, March 26, 2015 - 12:08pm | 385Read More...BlackBerry Ltd (NASDAQ: BBRY) is expected to release its fourth-quarter 2015 results on Friday morning. Colin Gillis, director of research at BGC Partners, was on CNBC to discuss what investors should expect from the company. What To Expect "If you look at it, Blackberry, this is...
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The Risks Associated With Owning Apple Right Now
Monday, March 23, 2015 - 3:41pm | 380Read More...As Apple Inc. (NASDAQ: AAPL) prepares itself for the launch of the Apple Watch, some analysts are concerned that the company's mainstay, the iPhone business, may start to decelerate. BGC Financial's Colin Gillis was on CNBC Monday to discuss the major risks associated with Apple. The...
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3 Reasons This Analyst Is Negative On Apple
Thursday, February 26, 2015 - 9:11am | 396Read More...Shares of Apple Inc. (NASDAQ: AAPL) have had a strong rally in the past month, fueled by strong numbers that the company reported in its quarterly earnings. Many analysts are positive on the stock, but Colin Gillis of BGC Partners feels that the company is approaching the top from where the...
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iPhone 6 Pre-Order Record Points To 'Several Years' Of Ongoing Growth
Monday, September 15, 2014 - 2:21pm | 729Read More...Apple Inc. (NASDAQ: AAPL) surprised investors Mondauy morning when the company announced that it had pre-sold more than four million new iPhones. "[It's] double the number of pre-orders the iPhone 5 generated, so that's clearly a good sign for sales that are going to help the...
