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Cell Competition Heats Up: T-Mobile, Sprint Gaining On Verizon, AT&T
Tuesday, September 22, 2015 - 10:55am | 628Michael Bowen of Pacific Crest conducted traffic checks at wireless carriers stores. Bowen noted that traffic at Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T) is "slower thus far this month." Meanwhile, customer traffic trends are "positive" for T-...
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Goldman's Three Reasons To Own Apple: iPhone, iPad, Internet Of Things
Tuesday, September 22, 2015 - 10:18am | 594Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by nearly 1 percent during Tuesday's pre-market session despite a bullish note from Goldman Sachs. Simona Jankowski of Goldman Sachs assumed coverage of Apple with a Buy rating and $163 price tag, implying a 41 percent potential...
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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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Early iPhone 6s Checks Make Apple Worth $160, JMP Analysts Predict
Wednesday, September 16, 2015 - 8:34am | 344Apple Inc. (NASDAQ: AAPL) has seen a 14.38 percent increase in its share price over the last year. Alex Gauna of JMP Securities has reiterated a Market Perform rating on the company, while raising the price target from $150 to $160. Checks suggest that there could be upside demand for the...
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Trip Chowdhry: Investors Have 'Zero Confidence' In Apple's Management And Board
Tuesday, September 15, 2015 - 2:55pm | 358Shares of Apple Inc. (NASDAQ: AAPL) have fallen from the all-time highs of $134.54 to around $115, resulting in a loss of $110 billion in shareholder value. Trip Chowdhry of Global Equities Research argued that investors have "zero confidence" in Apple's management and board of directors. Chowdhry...
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iPhone 6S Pre-Orders Are 'White Hot' Worldwide
Monday, September 14, 2015 - 9:28am | 457Apple Inc. (NASDAQ: AAPL) jumped more than 2 percent Monday morning. Investors were encouraged by multiple media sources claiming new iPhone pre-orders will surpass last year's 10 million unit first-weekend record. Meanwhile, Daniel Ives of FBR commented in a note that the new iPhone...
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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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Oppenheimer: Apple Remains 'Underwhelmingly Brilliant'
Thursday, September 3, 2015 - 2:47pm | 358In a new report, Oppenheimer analyst Andrew Uerkwitz discussed Apple Inc. (NASDAQ: AAPL)’s upcoming press event on September 9. Uerkwitz made his predictions about what products Apple will launch at the event, what type of reception the launches will get from investors and what the fallout...
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Will The iPhone 6s Save Apple?
Monday, August 31, 2015 - 2:59pm | 431Apple Inc. (NASDAQ: AAPL) is expected to present its latest iPhone, the 6s, on September 9, amid mounting speculation. Investors are expecting the launch to work as a catalyst for the stock, which fell more than 14 percent over the past three months and is trading well below its 52-week high...
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Avago Trumps Analysts' Fears: What They're Saying Now
Thursday, August 27, 2015 - 1:50pm | 836Shares of Avago Technologies Ltd (NASDAQ: AVGO) were trading higher by nearly 7 percent an hour after Thursday's opening bell, following the company's second-quarter results on Wednesday. Avago said that it earned $2.24 per share in the second quarter, ahead of the $2.14 per share analysts were...
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Apple's Success Comes From Products 'Consumers Didn't Know They Wanted Or Needed'
Monday, August 10, 2015 - 3:09pm | 605If investors want to figure out the next product category that Apple Inc. (NASDAQ: AAPL) will enter, they might want to consider looking at things consumers don't seem to care about. "We like that Apple continues to innovate," Michael Sheldon, chief market strategist at RDM...
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Maxim Analyst 'Concerned' Over New Apple Bear Thesis, Notes iPhone 6S Cycle Looks 'Weak'
Tuesday, July 21, 2015 - 1:43pm | 468In a report published Tuesday, Maxim Research analyst Nehal Chokshi expressed concerns over Apple Inc. (NASDAQ: AAPL)'s upcoming quarterly results, noting concerns over a "new bear thesis emerging." According to a study conducted by Chokshi in May, Google Inc (NASDAQ: GOOG) (...
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iPhone Momentum, China On Apple Analysts' Minds Heading Into Tuesday's Report
Monday, July 20, 2015 - 2:20pm | 931Apple Inc. (NASDAQ: AAPL) is scheduled to report its third quarter results after Tuesday's market close. Estimize, the crowd-sourced earnings and economic rating platform is expecting the company to earn $1.86 per share in the quarter on revenue of $49.346 billion. This compares to the Wall Street...
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6 Rumored iPhone 6S Features
Sunday, July 12, 2015 - 3:06pm | 854Apple Inc. (NASDAQ: AAPL) is not expected to reveal its plans for the next iPhone before September, but analysts are already predicting key new features and selling points. Apple enthusiasts likely remember that the company used Siri to sell the iPhone 4S and Touch ID to sell the iPhone 5S. How...
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Why Apple Watch's 90% Sales Decline Isn't A Big Deal
Wednesday, July 8, 2015 - 7:43am | 639Analysts are reluctant to believe that Apple Inc. (NASDAQ: AAPL)'s first smartwatch experienced such a steep decline. According to MarketWatch, Slice Intelligence's latest report shows that sales of the Apple Watch have declined by 90 percent. "I figured there would be a...