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Apple Supplier Stocks Could Suffer Short-Term, But KeyBanc Still Likes These
Sunday, December 3, 2017 - 6:39pm | 454It has been nearly a month since Apple Inc. (NASDAQ: AAPL)'s latest iteration of iPhone, the iPhone X, became available. This feature-rich phone, priced at an exorbitant premium, is being received well, although some company-specific issues have come to plague it. The Analyst KeyBanc Capital...
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Following Mizuho's Surprising Apple Downgrade, Looking Back At Tim Cook's Comments On China
Tuesday, June 13, 2017 - 3:48pm | 374Mizuho's Abhey Lamba's downgrade of Apple Inc. (NASDAQ: AAPL) was party based on the belief that contributions from the key Chinese market will fall short of expectations over time. But what does Apple's CEO Tim Cook have to say about its prospects in China? Speaking to Bloomberg Television's Emily...
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Circle Of Life: iPad Going The Way Of The iPod?
Thursday, March 23, 2017 - 2:14pm | 436Apple Inc. (NASDAQ: AAPL) is known for dramatic reveals. Exclusive, invite-only media events generally herald new product lines, but for the second time in known history, the company broke from tradition to announce its latest iPad model. The updated product merited a quiet press release —...
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Analysts Respond To Apple's Mid-Cycle iPhone Refresh
Wednesday, March 22, 2017 - 2:33pm | 395Even as the market and customers await a 10th anniversary iPhone announcement from Apple Inc. (NASDAQ: AAPL), the company announced a mid-cycle refresh of its product line Tuesday. Among the new products announced: iPhone 7 and iPhone 7 Plus Red Special Edition in a vibrant red aluminum...
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Samsung Introduced 10 Times The Number Of Models In 2016 Than Apple; Did It Translate To Market Share?
Friday, February 24, 2017 - 2:55pm | 756SAMSUNG ELECTRONIC KRW5000 (OTCMKTS:SSNLF) had a forgettable year in 2016, as it was forced to recall its flagship Galaxy Note 7 worldwide following incidences of fire hazard. Subsequently, the company halted production of the product. The South Korean company had pinned its hopes on this...
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Apple's Record Run In 2017 Beefs Up Its Already Bloated Market Cap
Friday, February 17, 2017 - 11:52am | 800Despite the naysayers rapping Apple Inc. (NASDAQ: AAPL) for its inability to maintain its superlative growth amid a slowdown in its innovate verve, the company has a point to prove. Apple shares have seen a record run in the year-to-date period, beefing up its already bloated market cap....
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Apple's 'iPhone X' To Cost $1,000?
Wednesday, February 8, 2017 - 5:01pm | 338Apple Inc. (NASDAQ: AAPL)'s iPhone turns 10 years old in 2017, and fans and investors are expecting a new version of the device that lives up to the relevance of the anniversary. According to Fast Company sources, the iPhone 8 (or iPhone X, as some believe it will be dubbed) will include a new...
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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...
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Do Apple Suppliers Fall Far From The Tree?
Wednesday, February 1, 2017 - 4:58pm | 434Generally, the shares of a supplier tend to move along with the results of its OEM. The reason is obvious, better earnings from an OEM in all probabilities would boost the profits of its suppliers too. On Tuesday, Apple Inc. (NASDAQ: AAPL) reported a blow out quarter, driven by solid growth in...
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Apple's Q1: Here's The Bottom Line
Wednesday, February 1, 2017 - 2:51pm | 459Apple Inc. (NASDAQ: AAPL)'s fiscal first quarter results were released after Tuesday's market close and investors cheered the results and pushed the stock higher by around 5 percent. According to Maynard Um of Wells Fargo, Apple's report contained a combination of good and bad, which prompted the...
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Apple iPhone Sales Were 'Huge Sigh Of Relief', But Still Won't Save The iPhone As We Know It
Wednesday, February 1, 2017 - 12:43pm | 603In the aftermath of Apple Inc.'s (NASDAQ: AAPL) positive Q1 earnings report, many are curious about what the figures signal about the company’s future growth. Gene Munster, managing partner at Loup Ventures, and Mike Olson, managing director and senior research analyst at Piper...
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Here's How Many iPhones Apple Ships In Every Q1
Wednesday, February 1, 2017 - 11:43am | 268Shares of Apple Inc. (NASDAQ: AAPL) were trading higher by nearly 5 percent at $126.83 ahead of Wednesday's market open. Apple held on to the gains, opening at $127.03, above its previous 52-week high of $122.44. One of the main drivers boosting Apple's stock higher is the company's blowout fiscal...
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7 Big Highlights From Apple's Q1 Conference Call
Wednesday, February 1, 2017 - 11:30am | 395Apple Inc. (NASDAQ: AAPL) shares are up 5 percent in early trading on Wednesday after the company delivered a huge quarterly earnings beat. If you saw the top- and bottom-line numbers but didn’t sit through the earnings call, here are seven things you missed about Apple’s tremendous...
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Apple Is Innovating Towards An Augmented Reality Future
Wednesday, February 1, 2017 - 10:50am | 392While terming Apple Inc. (NASDAQ: AAPL) as a pioneer of the mobile-first world in we live today, Loup Ventures’ Gene Munster said in a report Q1 2017 results indicate “the company is driving towards a future where natural user interfaces (e.g., Augmented Reality) replace the...
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Apple iPhone Sales: The Road To A Record Quarter
Wednesday, February 1, 2017 - 9:55am | 351The thesis against owning Apple Inc. (NASDAQ: AAPL)'s stock was quite clear: The iPhone's momentum can't be sustained indefinitely. Moreover, the lack of any meaningful and notable upgrades between the iPhone 7 (and 7 Plus) from the iPhone 6 prompted many consumers to wait for the...