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As iPhone Momentum Slows, This Analyst Says Apple Will Find Revenue Growth In Services
Thursday, March 22, 2018 - 9:51am | 665Can Apple Inc. (NASDAQ: AAPL) sustain mid-single digit revenue growth at a time when iPhone sales are showing signs of concern? The answer lies in Cupertino's Services division, according to Morgan Stanley. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight...
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Bernstein's Sacconaghi Tries To Answer Why iPhone Growth Remains 'Stagnant'
Monday, March 12, 2018 - 8:51am | 405Apple Inc. (NASDAQ: AAPL)'s management team said during its fiscal first quarter conference call that its total installed base of Apple devices stands at 1.3 billion, which marks an uptick of 30 percent from two years ago. Yet at the same time, consensus estimates are calling for iPhone...
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Rosenblatt Defends Apple, Says Guidance Concerns Are 'Overblown'
Friday, January 26, 2018 - 2:33pm | 411Should investors be worried about Apple Inc. (NASDAQ: AAPL)'s fiscal second-quarter guidance next week? Some analysts — like BTIG's Walter Piecyk, say yes — while others are unconcerned. The Analyst Rosenblatt Securities' Jun Zhang maintained a Buy rating on Apple...
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Apple Is A Buy, Even If You Have Doubts About The iPhone
Monday, October 16, 2017 - 9:40am | 444Shares of Apple Inc. (NASDAQ: AAPL) were trading higher by nearly 1 percent early Monday morning after analysts at KeyBanc turned bullish on the stock. The firm's Andy Hargreaves upgraded Apple's stock to Overweight with a newly assigned $187 price target. The prior Sector Weight rating on...
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Warren Buffett Compares Buying An iPhone To Buying A Car
Friday, May 5, 2017 - 10:00am | 436Billionaire investor Warren Buffett doesn't own an iPhone, but that isn't getting in his way of owning the maker of the smartphone, Apple Inc. (NASDAQ: AAPL). Buffett told CNBC ahead of this weekend's annual Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) meeting that he isn't concerned with...
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Apple Investors Shouldn't Get Carried Away With Hopes For iPhone 8
Wednesday, May 3, 2017 - 10:38am | 377Analyst at Barclays are expecting shares of Apple Inc. (NASDAQ: AAPL) to trade sideways in the near-term and cautioned investors not to buy into any iPhone 8. Barclays' Mark Moskowitz commented in a report that Apple's earnings report and guidance indicates a lack of upside. Specifically,...
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For Apple, Services Segment Beginning To Outshine The iPhone
Tuesday, May 2, 2017 - 11:38am | 336Barclays' Mark Moskowitz maintains an Equal-Weight rating on Apple Inc. (NASDAQ: AAPL)'s stock with a $123 price target ahead of the company's fiscal second-quarter earnings report after Tuesday's market close. According to Moskowitz, Apple's Services business segment continues to be a growing...
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Apple's Next Couple Quarters Might Be Less Important Than Usual
Monday, April 24, 2017 - 11:37am | 410Investors hoping for some excitement and the corresponding volatility in Apple Inc. (NASDAQ: AAPL)'s stock may be out of luck in the near term. According to UBS' Steven Milunovich, many Apple investors remain focused on fiscal 2018, which corresponds with the launch of the new iPhone. This...
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Apple's Services Is Now An Important Part Of Investors' Conversation
Wednesday, February 1, 2017 - 12:58pm | 293Apple Inc. (NASDAQ: AAPL) gained around 5 percent after the company's first quarter earnings consisted of a top and bottom line beat along with record iPhone sales. Perhaps flying a bit under the radar is Apple's growth in the Services segment, which is becoming a bigger part of the...
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Spike In Apple's Component Orders Could Signal Co. Believes iPhone 7 Sales Will Outperform
Tuesday, September 6, 2016 - 11:06am | 331Apple Inc. (NASDAQ: AAPL) could be sending investors a clear signal it is expecting strong sales for its soon-to-be-announced new iPhone. According to DigiTimes, Apple reportedly boosted its parts and components order higher by 10 percent. The publication, citing "sources from the iPhone supply...
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Is Apple Really A One-Trick Pony?
Thursday, June 23, 2016 - 9:57am | 310Shares of Apple Inc. (NASDAQ: AAPL) have lost nearly 25 percent over the past year as investors and fund managers are warming up to the reality that the company is a "one-trick pony" that only sells hardware devices. Jeff Desjardins of the Visual Capitalist is the latest to add his...
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A Sour Apple? Annual iPhone Sales Said To Fall For The First Time Ever
Monday, June 13, 2016 - 7:55am | 285Apple Inc. (NASDAQ: AAPL) investors haven't had it easy over the past year with shares falling more than 20 percent as bearish sentiment over the company's ability to continue innovating and boost iPhone sales diminish. According to a new report from Nikkei Asian Review, the worst may...
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Gene Munster Talks Apple's Future On Benzinga's PreMarket Prep
Wednesday, April 27, 2016 - 2:04pm | 402Gene Munster of Piper Jaffray was a special guest on Benzinga's PreMarket Prep show on Wednesday to help dissect Apple Inc. (NASDAQ: AAPL)'s second-quarter results and outlook. Jumping right into it, Munster described Apple's guidance as "disappointing" due to what the analyst believes to be an...
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The Semiconductor Food Chain: How Does Slowing iPhone Growth Impact The Chip Industry?
Wednesday, April 27, 2016 - 9:26am | 506It is a no-brainer that Apple Inc. (NASDAQ: AAPL) played a major role in displacing the PC as the main driver of the semiconductor industry with the iPhone smartphone. However, the key question investors are asking following Apple's quarterly results is what the impact will be to the semiconductor...
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This Expert Thinks The Street May Be Too High On Apple's Bottom Half
Tuesday, April 26, 2016 - 2:31pm | 306Toni Sacconaghi of Sanford Bernstein was a recent guest on CNBC's Halftime Report to discuss Apple Inc. (NASDAQ: AAPL) earnings report, which is scheduled to be released after Tuesday's market close. Sacconaghi started off the conversation by suggesting that the Street's estimates for the bottom...