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Time For Apple's Stock To Enter A 'Period Of Digestion,' Guggenheim Says
Wednesday, November 14, 2018 - 9:45am | 480The bullish case for Apple Inc. (NASDAQ: AAPL) was based expectations for weak iPhone growth to be more than compensated by a jump in iPhone average selling prices. But that story has now passed and the stock is entering a "period of digestion." The Analyst Guggenheim Partners' Robert...
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Apple Shares Dip After Rosenblatt Downgrade
Monday, November 5, 2018 - 2:24pm | 315For the second time in as many trading days, Apple Inc. (NASDAQ: AAPL) received a sell-side downgrade. The Analyst Rosenblatt Securities' Jun Zhang downgraded Apple from Buy to Neutral with an unchanged $200 price target. The Thesis The bullish case for Apple can no longer be justified as...
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Cramer Questions Why Apple Trades At Valuation Discount To Procter & Gamble
Thursday, August 2, 2018 - 10:46am | 427Does it make sense for a company like Procter & Gamble Co (NYSE: PG) to trade at a valuation premium to Apple Inc. (NASDAQ: AAPL)? The answer is obvious, according to CNBC's Jim Cramer. What Happened Procter & Gamble's stock is trading at 17 times next year's earnings...
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Rosenblatt: Apple's Q3 Highlighted By Higher iPhone Average Selling Price, Better Gross Margins
Wednesday, August 1, 2018 - 8:29am | 356Apple Inc. (NASDAQ: AAPL) reported Tuesday its fiscal third-quarter results, highlighted by higher iPhone average selling price (ASP) and better gross margins. The Analyst Rosenblatt Securities' Jun Zhang maintains a Buy rating on Apple with a price target lifted from $180 to $200. The Thesis...
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What To Expect From Apple's Q2 Earnings
Monday, April 30, 2018 - 4:24pm | 752Apple Inc. (NASDAQ: AAPL) is scheduled to report its second-quarter earnings Tuesday afternoon. Consensus estimates call for earnings of $2.69 per share on revenue of $60.9 billion. Here is a summary of what some of the Street's top Apple analysts are saying ahead of the print. The Analysts...
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Morgan Stanley Explains Why Apple Investors Need To Be 'Cautious' Ahead Of Earnings
Friday, April 20, 2018 - 8:00am | 371Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal second quarter earnings report on May 1 and investors should hold a "cautious" stance ahead of the print, according to Morgan Stanley. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight rating on Apple's...
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BofA: Don't Write Off Apple's Hardware Business Just Yet
Wednesday, January 31, 2018 - 1:06pm | 427Apple Inc. (NASDAQ: AAPL)'s valuation implies a "declining growth in hardware" moving forward, but this is unwarranted, according to Bank of America Merrill Lynch. The Analyst Bank of America's Wamsi Mohan maintains a Buy rating on Apple's stock with an unchanged $220...
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BTIG Issues A Warning On Apple's Q2 Sales: The Unpredictability Of The ASP
Friday, January 26, 2018 - 10:54am | 417Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal first quarter earnings report Feb. 1, but perhaps equally important to the headline numbers is the company's fiscal second quarter (March) guidance. The Analyst BTIG's Walter Piecyk maintains a Buy rating on Apple's stock...
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Morgan Stanley Projects A Q1 Beat For Apple
Thursday, January 25, 2018 - 10:54am | 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 - 12:08pm | 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's Bet On A $1,000 Smartphone Will Likely Pay Off
Monday, September 25, 2017 - 11:32am | 347Based on the poor performance of Apple Inc. (NASDAQ: AAPL) as of late, some investors are likely worried that the company's $1,000 iPhone X model may be too pricey. But that isn't the case, at least according to Bank of America's Wamsi Mohan. The analyst maintains a Buy rating on Apple...
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For Apple, Price Increases Historically Help Demand, Rather Than Hinder It
Tuesday, September 19, 2017 - 1:01pm | 419Apple Inc. (NASDAQ: AAPL)'s hefty price tag for its new line of iPhones shouldn't be a source of concern for investors, at least according to Morgan Stanley's Katy Huberty. The analyst maintains an Overweight rating on Apple's stock with a price target boosted from $182 to $194...