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Why Apple Is Gene Munster's Top Large-Cap Pick Heading Into 2016
Monday, October 19, 2015 - 1:27pm | 432Apple Inc. (NASDAQ: AAPL) bull Gene Munster has named the stock his top large-cap pick. He believes that strong holiday sales will drive Q4 revenue to the high end of the guided range. Munster predicts that 2016’s iPhone 7 cycle will be particularly strong due to the possibility of major...
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Micron: A Good Play During Times Of Macro Weakness
Friday, September 18, 2015 - 1:21pm | 419Shares of Micron Technology, Inc. (NASDAQ: MU) were lower by more than 4 percent Friday morning, underperforming the Nasdaq Index, which was lower by only 0.77 percent. Srini Sundararajan of Summit Research argued in a note on Friday that Micron is an attractive investment during periods of macro...
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Apple Looks To New Markets For Customers — But Does It Fit?
Wednesday, September 16, 2015 - 6:55am | 440The launch of Apple Inc. (NASDAQ: AAPL)'s latest array of products has raised many questions about whether or not The Fruit has bitten off more than it can chew. Its souped-up iPad Pro has been designed to fill the needs of businesses while new versions of the Apple Watch are expected to...
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Why Apple's Presentation Fell Flat
Thursday, September 10, 2015 - 2:45pm | 766Shares of Apple Inc. (NASDAQ: AAPL) were higher by 2 percent Thursday morning. Apple's Wednesday presentation fell "flatter than the new iPad," according to Pacific Crest. Jefferies says Apple is in a "transition" phase. Shares of Apple Inc. traded lower immediately following its much...
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Apple: 'Bigger, Faster, Stronger'
Thursday, September 10, 2015 - 9:14am | 336Apple Inc. (NASDAQ: AAPL) shares are down 13.55 percent in the last three months, despite having risen above the $130 level on July 20. Citi’s Jim Suva maintained a Buy rating for the company, with a price target of $145. Tough comps may cause some investors to exit the stock,...
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Apple Stock Falls After Event: Here's How The Stock Acts Historically
Wednesday, September 9, 2015 - 4:10pm | 320Shares of Apple Inc. (NASDAQ: AAPL) were down roughly 2 percent on Wednesday, following its much-awaited event. How will the stock perform in the weeks and months to come? A look at the historical price movements might shed some light on the issue. Usually, Apple’s stock tends to...
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A Basket Of Apple Peers To Watch Following iPad Pro, Watch Presentations
Wednesday, September 9, 2015 - 2:31pm | 343Shares of Apple Inc. (NASDAQ: AAPL) were volatile on Wednesday as the company's CEO Tim Cook took center stage to introduce a plethora of new products and partnerships for its iPad Pro and Watch. Cook introduced the iPad Pro, featuring a 12.9 inch diagonal screen with a 10-hour battery life...
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Apple Delays Production Of Larger 'iPad Pro'
Thursday, March 5, 2015 - 9:23am | 207Apple Inc. (NASDAQ: AAPL) has delayed production of a new, 12.9 inch iPad as the result of supplier issues, according to Bloomberg News. Apple is set to begin production around September, two quarters later than Apple originally planned to make the product available. Sales of iPads have...