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Sacconaghi Watching Apple's Q2 Earnings For Signs iPhone SE Is Cannibalizing Sales From iPhone 6
Monday, July 18, 2016 - 10:20am | 332Read More...Bernstein’s Toni Sacconaghi, Jr. expects Apple Inc. (NASDAQ: AAPL) to report relatively in-line results when it reports it FQ3 earnings on July 26. Sacconaghi maintained an Outperform rating on the company, while lowering the price target from $135 to $125. FQ3 Expectations The...
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Apple's Near-Term iPhone SE Strength Offsets 6s/6s Plus Weakness
Friday, July 15, 2016 - 7:32am | 311Read More...Apple Inc. (NASDAQ: AAPL) is scheduled to report its F3Q16 results on July 26. Credit Suisse’s Kulbinder Garcha maintained an Outperform rating on the company, with a price target of $150, saying Apple should be able to sustain “elevated levels” of earnings and FCF in the long...
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Hey, Siri: Why Is An Updated Version Of A 4-Year-Old Apple Device Flying Off The Shelves?
Friday, June 17, 2016 - 5:15pm | 314Read More...About three months ago, Apple Inc. (NASDAQ: AAPL) released an overhauled version of the four-year-old iPhone 5, the iPhone SE. The device was conceived as an affordable option to the large-screen iPhone 6 and iPhone 6s, launched in 2015 and 2014, respectively. Although reviews were mixed, and...
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Citigroup: Sell Skyworks Solutions
Thursday, June 9, 2016 - 8:57am | 305Read More...Skyworks Solutions Inc (NASDAQ: SWKS) shares have declined 11 percent year-to-date, following the weak March quarter results. Citi’s Atif Malik downgraded the rating on the company from Neutral to Sell, while lowering the price target from $69.50 to $65.00. Malik believes that the stock...
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Citi Upgrades Qorvo On Improved Execution
Thursday, June 9, 2016 - 8:27am | 390Read More...Citi has upgraded Qorvo Inc (NASDAQ: QRVO) to Neutral from Sell on "improved execution in integration/share gains and higher proliferation of carrier aggregation design wins." "We believe QRVO can sustain the $ content gain momentum in GS7 and iPhone SE gained this year," analyst Atif Malik wrote...
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Tim Cook Believes Apple Still Has Growth Opportunities
Tuesday, May 3, 2016 - 8:08am | 491Read More...Jim Cramer spoke on CNBC's "Mad Money" with Tim Cook, the CEO of Apple Inc. (NASDAQ: AAPL), about the future of the company. Cook said Apple had an incredible quarter by absolute standards, with more than $50 billion in revenues and $10 billion in profits, but it wasn't up to the Wall...
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Raymond James: Apple Will Stay Range-Bound Until Revenue Growth Stabilizes
Wednesday, April 27, 2016 - 1:36pm | 278Read More...Raymond James predicts Apple Inc. (NASDAQ: AAPL) shares will "remain range-bound" until signs of stabilization in revenue growth emerge. "Apple's guidance for $42 billion in revenue at the midpoint suggests iPhone unit sales will be well below even his recently lowered estimates, with ~3 million...
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CNBC's Josh Lipton Says Tim Cook 'Sounded Upbeat' And 'Looked Confident'
Wednesday, April 27, 2016 - 1:28pm | 257Read More...While Apple Inc. (NASDAQ: AAPL)'s stock is tumbling on Wednesday, the company's CEO Tim Cook "sounded upbeat" and "looked confident," at least according to CNBC's Josh Lipton. Lipton stated in a segment on CNBC's "Squawk On The Street" that Apple's second-quarter revenue showed a decline for the...
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Maxim Trims Apple Estimate, Keeps Target Above $150/Share
Wednesday, April 27, 2016 - 1:25pm | 351Read More...Maxim's Nehal Chokshi trimmed Apple Inc. (NASDAQ: AAPL)'s estimates, citing the likelihood of another revenue miss from the company before the iPhone 7 cycle kicks in. Chokshi cut his June quarter EPS estimate by 22 percent to $1.33 (consensus was $1.76) and FY16 EPS view by 8 percent to $8.05 (...
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Apple Has Been Playing Smartphone Catch-Up Since 2010
Wednesday, April 27, 2016 - 8:46am | 253Read More...Dan Collins of CCO Global was a guest on CNBC early Wednesday morning to discuss Apple Inc. (NASDAQ: AAPL)'s quarterly report, with a focus on iPhone sales. Collins stated that Apple was at the "forefront" in 2007, but that has drastically changed as the company reported its first ever decline in...
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Raymond James On Neutral Apple Stance: iPhone 5SE Cannibalization, iPhone 7 Optimism In Focus
Tuesday, April 12, 2016 - 9:59am | 333Read More...Raymond James’ Tavis C. McCourt believes although the worst year-on-year declines appear to be behind Apple Inc. (NASDAQ: AAPL), year-on-year growth is still likely to be a few quarters away. McCourt maintains a Market Perform rating on the company. Consensus Vs. Estimates The analyst...
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Are 'Applenomics' Unfair? iPhone 6S Plus Costs 48% More To Make Than SE, But Is Priced 88% Higher
Friday, April 8, 2016 - 1:18pm | 306Read More...iPhone SE from Apple Inc. (NASDAQ: AAPL) is being marketed as the low-cost iPhone targeting emerging markets, as it is a slimmed down version of IPhone 6S and comes at a price of $399. However, the price may not be as much of a bargain as it appears. Let's see whether the $399 price is actually a...
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Teardone Of iPhone SE Shows New Phone Is 1 Part iPhone 5s, 1 Part iPhone 6 And 1 Part iPhone 6s; Costs $160 To Build
Friday, April 8, 2016 - 9:03am | 331Read More...One of the first teardowns of Apple Inc. (NASDAQ: AAPL) new iPhone SE is out. DigiTimes, citing preliminary estimates by IHS, reported that it costs $156.20 to assemble a 16GB iPhone SE device. The figure rises to $160 per device once the cost of manufacturing is added. Apple sells its iPhone...
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Android OS Share In China Gets Boost from New Year's Sales, iPhone Share Drops
Thursday, April 7, 2016 - 11:39am | 260Read More...Android devices increased its market share in urban China to 76.4 percent from 73 percent, according to Kantar Worldpanel ComTech. Lauren Guenveur, Kantar's mobile analyst, noted that Android devices in China benefited from the buys promotional season which coincided with the Chinese New...
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Apple iPhone SE Sales Are 'Uninspiring,' Supply Chain Analyst Warns
Wednesday, April 6, 2016 - 11:16am | 294Read More...Largan Precision Co., Ltd. reported its March sales at NT$3.02 billion, suggesting 1Q16 sales of NT$9.27 billion, which would be an eight-quarter low. SinoPac’s Joy Lin maintained a Neutral rating on Apple Inc. (NASDAQ: AAPL). Lin mentioned Largan’s lackluster sales came amid...
