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3 Important Positives From Apple's Recent Quarter
Wednesday, October 26, 2016 - 1:23pm | 372Read More...Following the release of fiscal fourth quarter results by Apple Inc. (NASDAQ: AAPL), CLSA said it sees three positives from the company's guidance and commentary. Analysts Avi Silver and Chang Liu listed the positives: Assuming no increase to channel inventory, Apple's guidance implies 6–8...
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Avi Silver Getting 'Increasingly Comfortable' With iPhone 7 Cycle, Raises Apple's Target From $120 To $130
Friday, September 16, 2016 - 8:47am | 305Read More...With the promotional activity of U.S. carriers becoming incrementally aggressive, CLSA’s Avi Silver expressed increasing comfort with the iPhone 7 cycle. Silver maintained a Buy rating on Apple Inc. (NASDAQ: AAPL), while raising the price target from $120 to $130. “As wireless...
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Apple's iPhone 7 Cycle Is Looking Very Familiar
Monday, May 16, 2016 - 10:22am | 365Read More...CLSA’s Avi Silver believes the sentiment toward Apple Inc. (NASDAQ: AAPL)'s iPhone 7 cycle is “strikingly similar” to the transition period between the iPhone 5 and iPhone 5S. Silver maintained a Buy rating on the company, with a $115 price target. Reminiscent Of iPhone...
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CLSA's Mixed Bag For Apple: iPhone Retention Rates Drop Heavily, But Purchase Intentions Show Upside
Thursday, April 14, 2016 - 10:57am | 253Read More...While iPhone retention seems lower, Apple Inc. (NASDAQ: AAPL) remains poised for market share gains. CLSA's Avi Silver maintained a Buy rating for the company, with a price target of $128. The recent March CRR purchase intention survey indicated stabilizing smartphone demand in China in 1Q...
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More iPhone Cuts Came Today, But Does It Really Matter?
Thursday, March 10, 2016 - 12:37pm | 432Read More...A pair of analysts delivered another round of iPhone estimate cuts on Thursday. CLSA's Avi Silver dialed back fiscal 2016 unit estimates from 217 million to 214.8 million and 2017 estimates from 237.6 million to 230.6 million, citing slower growth in Asia and forex headwinds. In addition...
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CLSA Cuts Apple iPhone Estimates, Blames China
Thursday, March 10, 2016 - 10:30am | 242Read More...CLSA’s Avi Silver maintained a Buy rating for Apple Inc. (NASDAQ: AAPL), while reducing the price target from $130 to $128, citing lower growth forecasts for smartphones in 2016-2017. Analyst Avi Silver mentioned that a reduction in smartphone model unit estimates, a shift in the timing...
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Apple Guidance 'Better Than Feared,' CLSA's Silver Says
Wednesday, January 27, 2016 - 12:11pm | 306Read More...Shares of Apple Inc. (NASDAQ: AAPL) have appreciated 3.45 percent over the past five days, although they declined 19.69 percent over the last six months. CLSA’s Avi Silver has maintained a Buy rating on the company, with a price target of $130. Following the “better than...
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3 Highlights Of Apple's Spectacular Quarterly Results
Tuesday, April 28, 2015 - 2:14pm | 349Read More...Apple Inc. (NASDAQ: AAPL) again accomplished what has become habitual for the company, posting quarterly results that blew analysts estimates out of the water. The 55 percent year-over-year jump in iPhone sales led the company to post revenue of $40.3 billion for the quarter, significantly above...
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Apple Earnings Roundup: iPhone Strength, Stock Split, Buybacks And More
Thursday, April 24, 2014 - 11:48am | 1022Read More...Apple (NASDAQ: AAPL) reported its much-anticipated second quarter results on Wednesday that blew many investors away. Apple handily beat the consensus by earning $11.62 per share, exceeding estimates of $10.18. Revenue of $45.65 billion beat what analysts were forecasting by $120 million. As if a...
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CLSA Upgrades Apple on Back of Q2 Results
Thursday, April 24, 2014 - 10:58am | 199Read More...On Thursday, CLSA upgraded shares of Apple (NASDAQ: AAPL) from Outperform to Buy and raised the price target from $610 to $695. Analyst Avi Silver's upgrade is based on: Earnings momentum poised to accelerate as users upgrade to iPhone 6. The analyst is forecasting mid-teens EPS growth over the...
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CLSA Reiterates Underperform on Corning on Continued Below-Consensus Forecasts
Tuesday, October 15, 2013 - 10:15am | 133Read More...In a report published Tuesday, CLSA Americas analyst Avi Silver reiterated an Underperform rating and $15.00 price target on Corning (NYSE: GLW). In the report, CLSA Americas noted, “CLSA's Matt Evans cut his estimates for panel makers as pricing has not stabilized and on overdue utilization cut...
