Apple Inc. (NASDAQ:AAPL) to miss revenue forecast as iPhone supply hit by coronavirus Apple announced Monday it would miss its March quarter revenue forecast and global iPhone supplies would fall because of the deadly coronavirus epidemic, triggering a fall in Asian stock markets. The COVID-19 death toll now exceeds 1,800 in China, where it has […]
Apple Inc. (NASDAQ:AAPL) warns sales to fall short of target due to coronavirus impact Apple Inc warned on Monday it was unlikely to meet a sales target set just three weeks ago amid lost production and weakening demand in China from the coronavirus outbreak. The illness has killed 1,770 in China and stricken some 70,500 […]
Even after its earnings set new records last month, is Apple Inc. (NASDAQ:AAPL) fully valued? Apple (NASDAQ:AAPL) recently reported strong quarterly results in January. However, Apple stock did not respond with a robust rally. At least, not in the way that investors were hoping for. I am a long-time bull, and Apple is one of […]
Apple Inc. (NASDAQ:AAPL) plan to ‘aggressively’ ramp up AirPods production at risk due to coronavirus outbreak Apple’s plan to ramp up AirPods production could be delayed due to the coronavirus outbreak. The coronavirus outbreak has forced suppliers in China to halt production, but even if work resumes on Monday as planned, sources told Nikkei that […]
Coronavirus Derails Apple Inc. (NASDAQ:AAPL) From Realizing iPhone Shipment Target Apple might ship fewer than expected iPhone units during the first quarter of the year, according to Shayne Heffernan, CEO and Founder of Heffx. In an investors note, Mr. Heffernan outlined his expectations when it comes to Apple’s iPhone shipments during the first quarter of […]
Apple Inc. (NASDAQ:AAPL) Stock’s Record Quarter Shows Tech’s Deflation-Beating Power Investors are piling into Apple (NASDAQ:AAPL), and all of its cloud peers, because in the present market only tech seems to work. Another record quarter, with net income of $22.2 billion, $4.99 per share, on revenue of $91.8 billion, sent Apple shares up 2% on […]
Apple Inc. (NASDAQ:AAPL) hits a record high Apple Inc. smashed first quarter earnings forecast Tuesday, thanks in part to robust demand for its new suite of iPhones, sending shares in the world’s biggest tech company to a fresh all-time high in extended hours trading. Apple said earnings for the three months ending on December 28, […]
Apple Inc. (NASDAQ:AAPL) earnings and sales surge Apple Inc. shares ticked higher in aftermarket trading after the company posted record quarterly results for its holiday quarter Tuesday afternoon while easily topping expectations. The star of the quarter was the iPhone, as revenue for the category exceeded the FactSet consensus by more than $4 billion. Apple […]
What to Look For in Apple Inc. (NASDAQ:AAPL) First-Quarter Earnings Apple (NASDAQ:AAPL) will report earnings on Jan. 28 after market close. Broader indices, as well as many stocks like AAPL, remain near all-time highs. Year-to-date, Apple shares are up about 5.4%. Yet the new week is already promising to be a volatile one. So today I’ll […]
Apple Inc. (NASDAQ:AAPL) s Quietly Expanding its Artificial Intelligence Ecosystem Apple (NASDAQ: AAPL) recently acquired Xnor.ai, a Seattle-based start-up that develops low-power, edge-based artificial intelligence tools. Apple didn’t disclose the terms of the deal, but GeekWire claimed that the deal was worth about $200 million. Apple reportedly paid a similar amount for Turi, another Seattle-based company that […]
A $2-trillion Apple Inc. (NASDAQ:AAPL) stock valuation is not out of the question if it reaches this goal In one week, Apple (NASDAQ:AAPL) will announce its first-quarter results. Up more than 100% over the past year, Apple stock continues to be a godsend for Warren Buffett and Main Street investors alike. I don’t know what […]
Apple Inc. (NASDAQ:AAPL) share price has doubled, but there is a crunch coming – investors should watch out Apple shareholders must be extremely happy with the company’s performance in the past 12 months. The stock price is up 111% since the end of 2018, not to mention the US$3 (£2.31) per share that the company […]
Apple Inc. (NASDAQ:AAPL) Marches Toward $2 Trillion Valuation Apple’s market capitalization is $1.4 trillion, and the stock is at an all-time high. Yet, a number of analysts believe that this year’s 8% increase is only the start of a drive which will take it to $2 trillion. These analysts believe that one key to a […]
Apple Inc. (NASDAQ:AAPL) a Strong Buy Heading into Earnings? Apple’s AAPL run over the last year, up over 100%, is impressive by its own lofty standards. AAPL shares have surged despite the fact that its fiscal 2019 sales slipped 2%, against a hard to compare 2018. With Apple’s first quarter fiscal 2020 financial results due […]
Apple Inc. (NASDAQ:AAPL) Shooting stock, profits plunging Apple shareholders must be extremely happy with the company’s performance in the past 12 months. The stock price is up 111% since the end of 2018, not to mention the US$3 (£2.31) per share that the company has paid in dividends over the period. While Apple’s full-year 2019 […]
Apple Inc. (NASDAQ:AAPL) Might Increase Its Dividend in 2020 Apple Inc. (NASDAQ:AAPL) is one of the most-followed stocks in the market today. According to Forbes, the company has an unmatched brand value among all corporations in the world and its products, as we all know, are of high quality. The launch of the first-ever iPhone […]
Apple Inc. (NASDAQ:AAPL) Stock Climbs to New Record Highs as iPhone Shipments in China Jump 18% Apple stock is set to move higher on Thursday after hitting fresh record highs yesterday as iPhone sales in China jumped more than 18% in December. Apple stock is set to move higher on Thursday after hitting fresh record […]
Apple Inc. (NASDAQ:AAPL) hits all-time high after announcing record holiday App Store sales Apple shares closed at a record high on Wednesday after revealing its App Store customers spent $1.42 billion between Christmas Day and New Year’s Eve. The tech giant’s stock soared as much as 2.4% on Wednesday after the company announced the record […]
Should You Buy Apple Inc. (NASDAQ:AAPL) Stock Ahead of Q1 Results? Apple (NASDAQ:AAPL) stock put together a fantastic 2019, putting to rest some of the doubts that emerged in 2018. The stock rose 89% in 2019. Shares have achieved average annual returns of 26% over the past 10 years as of close on January 6. […]
Apple Inc. (NASDAQ:AAPL) stock falls, as Deutsche Bank cautions not to expect another 2019-like rally Shares of Apple Inc. AAPL, +0.80% fell 1.1% in early morning trading, to extend their pullback from record highs to a second session, after Deutsche Bank analyst Jeriel Ong raised his price target, but cautioned investors “the stock is unlikely […]
Can Apple Inc. (NASDAQ:AAPL) Stock Have Another Strong Quarter? Apple (NASDAQ:AAPL) stock rose over 2.3% on Thursday, the first trading day of the decade, hitting a new 52-week high intraday at $300.60. However, as I write this article, Friday is proving to be another story for AAPL stock as well as the broader markets. Headlines on […]
Apple Inc. (NASDAQ:AAPL) shares surpassed $300 amid predictions for a robust holiday quarter Apple Inc. shares surpassed $300 amid predictions for a robust holiday quarter, demand for wearables such as AirPods and planned services including streaming TV. Shares of the iPhone maker rose 2.3% to close at a record $300.35, topping the $300 mark for […]
Analyst Predicts Apple Inc. (NASDAQ:AAPL) Shares Will Fall Sharply Over 2020 Although Apple was the 2019 star of the Dow Jones Industrial Average, tech investor Paul Meeks calculates that the stock is worth much less than $290 a share. “I value the company at about $170 a share, believe it or not,” Meeks, the portfolio […]
Apple Inc. (NASDAQ:AAPL) 2020 Outlook Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 350.87. The projected lower bound is: 243.13. The projected closing price is: 297.00. Candlesticks A big white candle occurred. This is generally considered bullish, as prices closed significantly […]
Apple Inc. (NASDAQ:AAPL) Extends Rally, Solidifying 2019 as Best Year in a Decade Apple shares rose on Thursday, hitting their latest in a series of record highs as the iPhone maker remained on track for its best annual performance in a decade. The stock rose as much as 1.6% in the first U.S. trading day […]
Apple Inc. (NASDAQ:AAPL) AirPods sale: the earbuds get a $30 price cut at Amazon If you’re looking for a last-minute deal on the 2019 Apple AirPods, then you’re in luck. Amazon not only has the best-selling earbuds in-stock, but they’re also on sale. You can get the Apple AirPods with a wireless charging case on […]
Apple Inc. (NASDAQ:AAPL) 5G iPhone’s performance rests on the shoulders of the carriers Anticipation continues to grow for the 2020 iPhone which is expected to be Apple’s first iPhone with 5G. It will spell a huge connectivity shift for the company and allow users to take advantage of blisteringly fast wireless speeds. That, however, is […]
Apple Inc. (NASDAQ:AAPL) iPhone 5G Pricing nother day, another Apple (NASDAQ:AAPL) bull. Apple’s price target was raised to $290 from $270 at Bank of America. The analysts like what they see, with well-priced wearables and strong demand for the iPhone. While demand for the new phone is solid now, they remain optimistic further out too, […]
Apple Inc. (NASDAQ:AAPL) best Dow stock of 2019 but can it repeat in 2020? Apple CEO Tim Cook shocked investors on January 2 by warning of slowing iPhone sales in China. Apple’s stock plunged 10% the next day, dragging down the entire market along with it. But it’s been all good news for the company […]
Apple Inc. (NASDAQ:AAPL) best Dow stock of 2019 but can it repeat in 2020? Apple CEO Tim Cook shocked investors on January 2 by warning of slowing iPhone sales in China. Apple’s stock plunged 10% the next day, dragging down the entire market along with it. But it’s been all good news for the company […]
Apple Inc. (NASDAQ:AAPL) soars to all-time high after top analyst suggests ‘completely wireless’ iPhone could arrive by 2021 Apple soared to an all-time high Friday, jumping as much as 1.5% following reports detailing its upcoming iPhone lineup. The company may release a new, high-tier iPhone without a Lightning port and a “completely wireless experience” as […]
Apple Inc. (NASDAQ:AAPL) price target was raised to $300 from $250 Apple’s price target was raised to $300 from $250 at Citi, which reiterated its buy rating on the iPhone maker and forecast strong results in the company’s holiday quarter. Analyst Jim Suva cited the company’s “pricing strategies and recent demand trends” as factors that […]
Apple Inc. (NASDAQ:AAPL) shares have biggest one day drop since August amid trade war uncertainty Today, Apple’s stock has suffered its biggest one-day loss since the month of August, according to Bloomberg. The company’s shares dropped as much as 3% during trading, all fueled by the rising tensions in the trade war between the United […]
Apple Inc. (NASDAQ:AAPL) ramps up AirPods Pro production Demand for $250 wireless headphones is apparently quite strong. According to Nikkei Asian Review, Apple has doubled production of its AirPods Pro, to 2 million units per month, in an effort to satisfy consumers’ unquenchable thirst for the very expensive gadgets. Apple stock was up 0.9% on […]
Will Apple Inc. (NASDAQ:AAPL) share price continue to soar in 2020? Since going public in 1980, Apple has become the world’s first trillion-dollar company – a feat it achieved in August last year. Therefore, it was no surprise to see the company’s market capitalisation – the total value of its stock shares – overtake that […]
Apple Inc. (NASDAQ:AAPL) Rises 68%, Pulling Dow to All-Time High Apple Inc. (NASDAQ AAPL) shares have risen by 68.48% to $265.76 in 2019. This outpaces any stock in the Dow Jones industrial average by far. The Dow hit record territory Friday, up 20.05% to 28,004.89. Without such a huge rally in Apple’s shares, the Dow […]
Apple Inc. (NASDAQ:AAPL) Rises 68%, Pulling Dow to All-Time High Apple Inc. (NASDAQ AAPL) shares have risen by 68.48% to $265.76 in 2019. This outpaces any stock in the Dow Jones industrial average by far. The Dow hit record territory Friday, up 20.05% to 28,004.89. Without such a huge rally in Apple’s shares, the Dow […]
Apple Inc. (NASDAQ:AAPL) Long-Rumored Digital Bundle Could Hit Next Year Even before Apple (NASDAQ: AAPL) confirmed its entry into the streaming video market, rumors regarding everything from price to content offerings ran rampant. Even analysts got in on the game, trying to compute just how much such an offering would mean to the Cupertino company’s […]
Apple Inc. (NASDAQ:AAPL) dedicated ad agency is cutting staff Apple’s dedicated ad agency is cutting staff. Media Arts Lab, a unit within Omnicom Group agency TBWA that’s dedicated to Apple advertising, laid off several staffers Monday. The company wouldn’t say how many were laid off, but a report from Bloomberg, which first broke the news, […]
Apple Inc. (NASDAQ:AAPL) is fleshing out ideas for an eccentric iPhone that would include a glass screen that wraps all the way around the smartphone Apple is fleshing out ideas for an eccentric iPhone that would include a glass screen that wraps all the way around the smartphone, according to new patent claims filed by […]
Apple Inc. (NASDAQ:AAPL) Is an iPhone subscription coming? iPhone generally represents at least half of Apple (NASDAQ: AAPL) revenue, and the smartphone has been struggling. Even with over a week of sales of Apple’s newest iPhones in its most recent quarter, the important segment’s revenue was down during the period. CEO Tim Cook tried to frame that in […]
Apple Inc. (NASDAQ:AAPL) impressed investors with better-than-expected September-quarter results Consumer electronics heavyweight Apple (AAPL) impressed investors with better-than-expected September-quarter results and an optimistic outlook for the holiday quarter. Apple stock surged on Thursday and neared an all-time high. At least 16 Wall Street analysts raised their price targets on Apple stock following the company’s fiscal fourth-quarter report late Wednesday. Of […]
Apple Inc. (NASDAQ:AAPL) reported strong-than-expected profits for the past quarter Apple on Wednesday reported strong-than-expected profits for the past quarter, fueled by growth in digital services and wearables that helped offset slower iPhone sales. Profit in the quarter ending in September dipped four percent from a year ago to $13.7 billion while revenues edged up […]
Apple Inc. (NASDAQ:AAPL) earnings will provide some early insight into how Apple’s new iPhones are selling Apple’s earnings on Wednesday will provide some early insight into how the company’s new iPhones are selling as investors watch the forecast for its all-important holiday season. Apple released three iPhone 11 models on Sept. 20. Apple’s fiscal fourth quarter […]
Apple Inc. (NASDAQ:AAPL) on track to extend the streak of record closes to four sessions Shares of Apple Inc. AAPL, +1.00% rose 0.3% in premarket trading Monday, putting them on track to extend the streak of record closes to four sessions, after J.P. Morgan analyst Samik Chatterjee raised his price target enough to make him […]
Apple Inc. (NASDAQ:AAPL) earnings are on tap Wednesday night while the Apple TV+ streaming service launches Friday Apple Inc. is scheduled to release earnings after Wednesday’s close. As of Friday’s close, the stock hit a record high of $246.73/share and closed just below that level. The stock is prone to big moves after reporting earnings and […]
Apple Inc. (NASDAQ:AAPL) looks strong in China ahead of earnings Apple Inc. got a big vote of confidence from UBS, but it may not be enough to power shares toward yet another record high. UBS analyst Timothy Arcuri raised his Apple AAPL, +0.16% price target to $275 from $230 on Thursday, with the new target […]
Is it time to collect profits with Apple Inc. (NASDAQ:AAPL) stock Wall Street’s main indexes were propped up by a rise in shares of Boeing and Apple, but gains were capped as weak earnings from Caterpillar and Texas instruments raised concerns about the impact of the U.S.-China trade war on global growth. \ Apple Inc […]
Apple Inc. (NASDAQ:AAPL) Spikes To Record High On Bullish Pre-Earnings Report Apple stock surged to an all-time high on Monday after getting a positive analyst report ahead of its September-quarter earnings release. Apple (AAPL) plans to report its fiscal fourth-quarter results on Oct. 30. On the stock market today, Apple stock rose 1.7% to 240.51. In intraday […]
Apple Inc. (NASDAQ:AAPL) Reportedly Increased Production Of iPhone 11 To Meet The Demands Apple has surely boosted the stock of iPhone 11 series models up to million units, or around 10 percent more. This progress is because of better than the awaited request for the new entrants. Apple appears to have originally settled fewer orders […]
Apple Inc. (NASDAQ:AAPL) stock is back to being priced for growth, which means expectations for AAPL may be too high ahead of its earnings Anyone who’s been skeptical toward Apple (NASDAQ:AAPL) has looked foolish. The Apple stock price now sits just off an all-time high. And Apple stock is now neck-and-neck with Microsoft (NASDAQ:MSFT) for […]
Apple Inc. (NASDAQ:AAPL) Shares Are Seeing Huge Demand A gain of 51.34% in 2019 for shares of Apple Inc. (AAPL) tells a story of big buy demand for the shares. This is happening to one of the largest companies in the world. This buying is very unusual and has been very consistent in 2019. A […]
Apple Inc. (NASDAQ:AAPL) seeing higher iPhone demand than it expected Apple Inc. is seeing higher iPhone demand than it expected, thanks to two forces consumers find hard to resist: falling prices and the inevitable aging of older models. Since missing holiday sales targets last year, the company has cut some prices and offered more attractive […]
Apple Inc. (NASDAQ:AAPL) analysts have increased their price targets Apple’s stock price hit a one-year high on Thursday, jumping as much as 1.5%, as investors continue to be optimistic about demand for the new iPhone 11 models. Several Wall Street analysts have issued price upgrades or reiterated bullish targets on Apple in recent weeks amid stronger-than-expected […]
Apple Inc. (NASDAQ:AAPL) will launch an augmented reality headset A Wednesday note from TF Securities analyst Ming-Chi Kuo said Apple is planning a bunch of new hardware for the first half of 2020, including new augmented reality glasses that Apple will build with third-party brands. A rough Google translation from the site MyDrivers covers the […]
Apple Inc. (NASDAQ:AAPL) is finally showing users how often apps have been following them In iOS 13, the big new software update for the iPhone that launched last month, Apple is finally showing users how often apps have been following them. You may not have known that applications like Google Maps or Uber have been […]
Apple Inc. (NASDAQ:AAPL) Tim Cook urges Supreme Court to preserve DACA In a friend-of-the-court brief filed Wednesday, top executives at Apple Inc. urged the U.S. Supreme Court to uphold DACA, the Obama-era law protecting the immigration status of those who came to America as the children of undocumented immigrants. Apple AAPL, -2.51% employs 443 “Dreamers” […]
Apple Inc. (NASDAQ:AAPL) reclaims $1 trillion market cap after analyst says stock poised to jump 20% Apple Inc. shares surged Monday and pushed the company higher than $1 trillion in market value again, following a prediction that the stock will rise more than 20% on stronger-than-expected sales of new iPhone 11 models. Apple’s stock AAPL, […]
Apple Inc. (NASDAQ:AAPL) Due for Pullback Shares of Apple (NASDAQ:AAPL) are up 40% year-to-date compared to the Invesco QQQ ETF (NASDAQ:QQQ) which is up 23% and the SPDR S&P 500 ETF (NYSEARCA:SPY) which is up 19.3%. With a large run up in the stock this year, the logical question for investors to ask is how much more upside there is in […]
Apple Inc. (NASDAQ:AAPL) May Get Clues About Its Chances of Winning Tax Case of the Century Apple Inc. may only need to wait until Tuesday to get early clues about its chances of success in the biggest tax case in recent history. The iPhone maker has been arguing its case at the European Union’s General […]
Apple Inc. (NASDAQ:AAPL) iconic Fifth Avenue store reopens The Fifth Avenue Apple Store, otherwise known as the “cube,” reopens to the public on Friday at 8 a.m. ET. CNBC was invited to take a look before it officially reopens — here’s a tour of what it looks like inside. The flagship store in New York has been […]
Apple Inc. (NASDAQ:AAPL) Stock Is Still Headed to $245 Apple (NASDAQ:AAPL) is still arguably the best company on the planet. They have accomplished amazing things in spite of a lot of criticism of Tim Cook’s leadership. I personally don’t believe that he’s the best person for the job, but that doesn’t stop me from betting bullish […]
Apple Inc. (NASDAQ:AAPL) stock is found in both value and growth funds As the “Great Rotation” grips the U.S. stock market, more investors are turning to “value” stocks, or those that are considered comparatively underpriced or overlooked. In the past couple of weeks, while the main U.S. stock indexes SPX, +0.26% DJIA, +0.13% COMP, +0.40% have hovered near all time highs, investors […]
Apple embarks on EU court battle over 13-bn-euro tax bill Apple embarks on an epic court battle with the EU on Tuesday, fighting the commission’s landmark order that the iPhone-maker reimburse Ireland 13 billion euros ($14 billion) in back taxes. Lawyers for the world’s biggest company will face EU officials in a Luxembourg court, challenging […]
Apple Inc. (NASDAQ:AAPL) is becoming a camera company The iPhone 11 models Apple launched this week were more camera than phone. Sure, they can still send texts, download apps, and make video calls, but Apple spent a lot of time and effort marketing its new phones as powerful photography machines. It’s the latest sign that camera technology is where […]
Apple Inc. (NASDAQ:AAPL) stock heads for 4th straight gain to 11-month high Shares of Apple Inc. AAPL, -0.23% rose 0.9% in midday trading, putting them on track for a fourth-straight gain. The stock, which has rallied 5.8% during the win streak, is also headed for the highest close since Oct. 9, 2018. The stock’s gains come in the […]
Apple Inc. (NASDAQ:AAPL) reclaimed its status as a trillion-dollar company Apple Inc. reclaimed its status as a trillion-dollar company Wednesday, hitting that level for the first time since last November on the day after it showed off its next iPhones. Apple AAPL, +3.18% introduced its new lineup of iPhones and revealed pricing details for its forthcoming gaming and video […]
Apple unveiled its iPhone 11 models Tuesday with a price cut for the most basic models while also laying out plans for streaming and gaming services as it bids to weather the slump in the global smartphone market. At an Apple media event, price appeared to be a key consideration as the tech giant reduced […]
Apple Inc. (NASDAQ:AAPL) expected to announce three new iPhones Apple’s next iPhones might not be able to charge other devices like the Apple Watch or AirPods after all, TF International Securities analyst Ming-Chi Kuo said in a note distributed to clients on Monday. The planned two-way wireless charging feature, which Kuo and Bloomberg have both reported is in development, would […]
Apple Inc. (NASDAQ:AAPL) poised to report huge growth in App Store sales Apple’s iPhone sales may be slowing down, but the company’s App Store business could show better-than-expected revenue growth in the company’s September quarter, Morgan Stanley analysts said in a note Friday. Morgan Stanley pointed to new research from app data tracking firm Sensor […]
Apple on Wednesday apologized for its digital assistant Siri sharing some of what it heard with quality control workers as it unveiled new rules for handling data from conversations. Under the changes, Apple will allow its employees to review conversations only from customers who opt into the “Siri grading” program to improve the voice recognition […]
Apple Inc. (NASDAQ:AAPL) shares have nearly doubled since the end of fiscal 2015 and its forward price-earnings multiple has climbed Stock buybacks have gotten a bad name in many precincts over the past few years, decried as unproductive “financial engineering” that detracts from corporate investment in growth. But Apple’s aggressive use of its copious cash resources to […]
Apple Inc. (NASDAQ:AAPL) will report fiscal third-quarter earnings on Tuesday after the market close Apple (NASDAQ:AAPL) will report fiscal third-quarter earnings on Tuesday after the market close. The maker of iPhones is expected to record $2.09 a share in profit on sales of $53.35 billion, according to analysts’ consensus forecast. The tech giant is struggling […]
Apple Inc. (NASDAQ:AAPL) looks ahead to 5G Apple is paying Intel $1 billion for the chip maker’s smartphone-modem division in a deal driven by the upcoming transition to the next generation of wireless technology. The agreement announced Thursday comes three months after Apple AAPL, -0.79% ended a long-running dispute with one of Intel’s rivals, Qualcomm […]
If you’re sweet on Apple Inc. (NASDAQ:AAPL), now might be the time for a bullish trade Things are starting to look up for the iPhone maker, which reports earnings on July 30. From its reported deal talks with Intel and its suppliers beginning to post strong earnings results, Apple has been on the rise — […]
Apple Inc. (NASDAQ:AAPL) Outpaces Stock Market Gains Apple (AAPL) closed at $208.84 in the latest trading session, marking a +0.78% move from the prior day. This move outpaced the S&P 500’s daily gain of 0.69%. Meanwhile, the Dow gained 0.65%, and the Nasdaq, a tech-heavy index, added 0.58%. Heading into today, shares of the maker […]
There’s ‘low risk’ of Apple Inc. (NASDAQ:AAPL) disappointing with its September forecast Apple Inc. shares are rising in Monday trading after an analyst at Morgan Stanley praised the “attractive” setup heading into the company’s earnings report next Tuesday. Morgan Stanley’s Katy Huberty raised her price target on Apple’s stock AAPL, +2.29% to $247 from $231, […]
Apple Inc. (NASDAQ:AAPL) Checking in with the Bulls The bullish news this week for Apple is the ratings upgrade from Raymond James. Analyst Chris Caso took a forward-looking stance on the stock, basing his upgrade not on this year’s performance but on “the impact of a 5G iPhone product cycle in 2020.” He sees Apple gaining materially […]
Apple Inc. (NASDAQ:AAPL) likely to offer a lower-priced 5G model in 2020 The coming iPhone new product cycle may be a non-event, but rising conviction in a strong 2020 lineup has one analyst feeling bullish about Apple Inc.’s prospects. Raymond James analyst Chris Caso upgraded Apple shares AAPL, +1.14% to outperform from market perform on Thursday, writing of […]
Apple Inc. (NASDAQ:AAPL) posted its lowest GDP growth in nearly three decades Amid reports that Apple (NASDAQ: AAPL) is looking to move 15% to 30% of iPhone production out of China due to President Trump’s ongoing trade war, the company is already starting to shift production of other products out of the Middle Kingdom. While Trump’s tariffs are impacting the […]
Apple Inc. (NASDAQ:AAPL) has recently added new Podcasts Mac app, web interface Apple Inc. plans to fund original podcasts that would be exclusive to its audio service, according to people familiar with the matter, increasing its investment in the industry to keep competitors Spotify and Stitcher at bay. Executives at the company have reached out […]
Apple Inc. (NASDAQ:AAPL) sentiment toward the stock is improving this year Apple (NASDAQ: AAPL) received a vote of confidence on Wednesday when Evercore ISI analyst Amit Daryanani reaffirmed his outperform rating for the technology giant’s shares. While investors should never rely solely on an analyst recommendation for their investment decisions, Daryanani does have an interesting point about […]
Apple Inc. (NASDAQ:AAPL) buybacks could be larger than the current Street estimates Evercore raises its Apple (AAPL +0.5%) price target from $215 to $217. The firm updates its June quarter model to reflect iPhone units that will likely remain muted, a strengthening commodity price tailwind, China-driven Services acceleration starting this quarter, and stabilizing China demand. Evercore […]
Apple Inc. (NASDAQ:AAPL) Simplicity Trumps Everything That’s true even though Steve Jobs is gone. Because he didn’t just create a company culture, he built a consumer culture. Apple was and still is – for the most part – all about one thing: simplicity. Advancements in technology have complicated this mission to a certain degree, but […]
Apple Inc. (NASDAQ:AAPL) Rosenblatt Securities downgraded the iPhone maker’s stock to a “sell” Apple has suddenly become one of the most polarizing stocks on Wall Street. Shares of Apple fell more than 2% Monday after an analyst at Rosenblatt Securities downgraded the iPhone maker’s stock to a “sell. “Three analysts now rate Apple’s shares a […]
Apple Inc. (NASDAQ:AAPL) earnings are expected to fall 4% in the current fiscal year Apple stock advanced 0.8% to 204.41. The iPhone maker is working toward a 215.41 cup-with-handle buy point, but a little further away than Facebook or Amazon stock. Like those two FANGs, Apple’s handle is long enough to be its own base. The RS […]
Apple Inc. (NASDAQ:AAPL) sits at crucial crossroads after June rally Apple shares raced into July. The stock surged 2% on Monday, adding to a nearly 30% advance for the year, after a pause on additional tariffs between the U.S. and China reignited hopes of trade progress. Its rally now faces a major test, says Matt […]
Apple Inc. (NASDAQ:AAPL) Up Next: July Earnings The market is trading sharply higher into the opening bell, despite nearly 18 months of fruitless trade negotiations. However, the relief rally could be short lived because it’s also the first day of the third quarter, which Stock Trader’s Almanac notes is the “most bullish first trading day of all […]
Apple Inc. (NASDAQ:AAPL) top tech stock under pressure Another top tech stock that’s been under pressure since the Sino-U.S. trade hostilities escalated is Apple (NASDAQ:AAPL). In a letter to the U.S. government this month, Apple emphasized the significant risks to its business if Trump imposes 25% tariffs on a new slate of products imported from China. The […]
Apple Inc. (NASDAQ:AAPL) valuation took a notable dip Apple’s valuation took a notable dip in after-hours trading on Thursday after its design chief Jony Ive announced he would be leaving the company. Upon news of Ive’s departure, Apple’s stock dropped about .087% in afterhours trading, as of the time of writing- which doesn’t sound like a […]
Apple Inc. (NASDAQ:AAPL) possible breakout Tech giant Apple Inc. (AAPL) is setting up for a major breakout. The stock that’s known for making the iconic iPhone and iPod devices has been coiling up in a classic wedge formation getting ready for a huge move. This wedge formation has been in the making since last October, […]
Apple Inc. (NASDAQ:AAPL) can save time and increase consumers’ choices by moving production to the U.S. Last week, the Nikkei Asian Review reported that Apple (NASDAQ:AAPL) had asked its contract manufacturers to produce 30% of the iPhone’s components outside of China. The trade war is wreaking havoc on corporate supply chains, which is terrible for AAPL stock. But more importantly, […]
Apple Inc. (NASDAQ:AAPL) looking to display strength as it nears its next earnings release Apple (AAPL) closed at $198.60 in the latest trading session, marking a -0.09% move from the prior day. This change was narrower than the S&P 500’s daily loss of 0.17%. Elsewhere, the Dow gained 0.03%, while the tech-heavy Nasdaq lost 0.32%. […]
Apple Inc. (NASDAQ:AAPL) Playing hardball Apple has reportedly asked each of its largest suppliers to evaluate the costs to shift between 15% and 30% of its production out of China to other countries in Southeast Asia, according to a report by the Nikkei Asian Review. The company made this request to Foxconn, Pegatron, Wistron, and others, as Apple […]
Apple Inc. (NASDAQ:AAPL) Likely to Launch 5G-Supported iPhones Apple AAPL is most likely to bring 5G to iPhones in 2020, per a latest report by analyst Ming-Cho Kuo, cited by TechCrunch and MacRumors. The latest report from this acclaimed analyst further supports rumors of Apple’s iPhone line-up missing out on 5G this year. The analyst believes […]
JPMorgan Cuts Apple Inc. (NASDAQ:AAPL) Shipment Estimates By 4% Chatterjee cut his iPhone shipment estimates by 4% to 139.5 million units for the second to fourth calendar quarters. “The worsening macro environment and its likely impact on consumer spending globally are driving us to trim our iPhone shipment estimates, which in effect modestly lowers the […]
Apple Inc. (NASDAQ:AAPL) could move iPhone production from China Earlier this week, Apple’s biggest manufacturing contractor said that it could move iPhone production from China so that Apple could avoid any additional import tariffs imposed by the Trump Administration. The problem is that actually making the move may be too complicated and expensive for Apple. […]
Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming If you took good advice and have just held Apple (NASDAQ:AAPL) stock, say for five years, your patience has been rewarded. AAPL stock has more than doubled the gain in the S&P average, rising 109%, and delivered a […]
Apple Inc. (NASDAQ:AAPL) accused of price-fixing It was not a surprise when Apple was sued last week by app developers who believe there should be more competition in the App Store. That’s because Apple has been accused of price-fixing or monopolistic abuse before, once regarding their control of e-book prices in the iBookStore developed for iPad, and […]
Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’ Evercore said that despite the various issues swirling around the company, it expects the stock to “grind higher.” “We are initiating on AAPL w/ an Outperform rating as we see several catalysts that should enable the stock to grind higher from current levels. While we understand iPhone units (and […]
