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Apple Analyst Says It Remains 'Difficult To Handicap' New Tariffs
Tuesday, September 3, 2019 - 8:06am | 391New tariffs on Chinese goods kicked in Sunday, but Raymond James analyst Chris Caso told CNBC the tariffs should have a minimal impact on Apple Inc. (NASDAQ: AAPL). Tariffs A 'Push And Pull' Event U.S. President Donald Trump's tariff policies on China remains difficult to quantify,...
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Bank Of America Upgrades Apple To Buy, Says Street Is Too Pessimistic
Monday, March 11, 2019 - 8:44am | 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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'Jaw-Dropping': Wall Street Reacts To Apple's Guidance Cut, China Business
Thursday, January 3, 2019 - 11:46am | 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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Cramer Talks Apple's Monday Rebound, Says Jumpy Investors 'Will Take Their Cue From Anything'
Tuesday, December 11, 2018 - 9:43am | 356Monday's trading action was highlighted by another morning of heavy selling, but once the afternoon session hit, major indices started to rebound and ended up closing in the green. Apple Inc. (NASDAQ: AAPL) turned around after a panelist of CNBC contributors talked favorably about the stock....
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Wedbush Adds Apple To Best Ideas List, Sees Opportunity In iPhone Upgrades Next Year
Friday, October 19, 2018 - 9:59am | 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 - 11:16am | 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 - 10:15am | 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 - 9:11am | 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 - 8:10am | 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 - 9:54am | 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 - 11:08am | 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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Why Apple Remains Morgan Stanley's Top Pick For 2018
Thursday, December 21, 2017 - 10:45am | 414After a 50-percent gain throughout 2017, some among Wall Street are optimistic that Apple Inc. (NASDAQ: AAPL)'s investors will continue seeing strong growth throughout 2018. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight rating on Apple's stock with an unchanged $...
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ICYMI: Apple Is Gaining Ground On Activated Smartphones In China
Thursday, November 30, 2017 - 1:05pm | 395It may hold true that Apple Inc. (NASDAQ: AAPL)'s iPhone is losing market share in China to domestic competitors, but it doesn't tell the full story. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight rating on Apple's stock with an unchanged $200 price target....
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For Apple, It's All About The 'X' Factor Now
Friday, November 3, 2017 - 9:51am | 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...
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The Latest Developments Between Apple And Qualcomm
Friday, October 13, 2017 - 12:47pm | 387The ongoing dispute between Apple Inc. (NASDAQ: AAPL) and QUALCOMM, Inc. (NASDAQ: QCOM) took a step for the worse on Friday. Qualcomm filed a patent suit in a Beijing, China intellectual property court in which it's claiming a patent infringement and seeks injunctive relief, Bloomberg reported...