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KeyBanc Survey: iPhone BOGO Promos Have Limited Inventory Effect
Saturday, March 10, 2018 - 4:01pm | 405Apple Inc. (NASDAQ: AAPL) introduced a buy-one-get-one-free promotion earlier this year for its iPhone devices, including the high-end iPhone X. The promotions have had a "limited impact" on lowering iPhone inventories, according to KeyBanc Capital Markets. The Analyst KeyBanc...
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BofA: Should Apple Cut iPhone Prices This Year?
Monday, March 5, 2018 - 3:25pm | 381With Apple Inc. (NASDAQ: AAPL) reporting a 1-percent drop in iPhone shipments in February, one Wall Street analyst asked whether the solution is lower prices. The Analyst Bank of America analyst Wamsi Mohan reiterated a Buy rating on Apple with a $220 price target. The Thesis The three...
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Raymond James Lays Out 3 Reasons To To Stay On Apple's Sidelines... For Now
Friday, February 16, 2018 - 12:07pm | 476Investors who are bullish on Apple Inc. (NASDAQ: AAPL) ahead of what could be a notable cash return to shareholders may want to re-consider their thesis, according to Raymond James. The Analyst Raymond James' Chris Caso resumed coverage of Apple's stock with a Market Perform rating and no...
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Morgan Stanley: iPhone X Is Winning Market Share In China
Thursday, February 15, 2018 - 10:11am | 409Apple Inc. (NASDAQ: AAPL)'s revenue from China is closely watched by investors and Wall Street analysts, and the latest data points from the world's biggest smartphone market reinforces a bullish stance on the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Katy...
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Goldman On Apple: Waiting On The Sidelines
Wednesday, February 7, 2018 - 11:27am | 436Apple Inc. (NASDAQ: AAPL)'s vast and loyal customer base implies the iPhone maker boasts significant long-term potential, but that doesn't mean investors should rush to buy the stock, according to Goldman Sachs. The Analyst Goldman Sachs' Rod Hall initiated coverage of...
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Reports: Apple Could Ditch Qualcomm For Intel
Monday, February 5, 2018 - 3:20pm | 499Apple Inc. (NASDAQ: AAPL)'s relationship with supplier QUALCOMM, Inc. (NASDAQ: QCOM) could be one step closer to the end. What Happened? Qualcomm's status as a key component supplier to Apple's iPhone may be one step closer to coming to an end, Barron's reported. Qualcomm...
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Munster Still Likes Apple Even As Peers Downgrade
Friday, February 2, 2018 - 11:39am | 359Apple Inc. (NASDAQ: AAPL) investors were indecisive in their interpretation of first-quarter results. Shares plunged, spiked and resettled after-hours as traders digested top- and bottom-line beats muddied by a 1-percent drop in iPhone units. One Apple expert warned not to overthink it. The...
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Bernstein's Toni Sacconaghi Steps To The Sidelines On Apple, Sees Minimal Upside Ahead
Friday, February 2, 2018 - 11:12am | 439Apple Inc. (NASDAQ: AAPL)'s fiscal first quarter earnings report prompted one of the Street's most notable Apple analysts to part ways with his bullish stance. The Analyst Bernstein's Toni Sacconaghi downgraded Apple's stock from Outperform to Market Perform with a price...
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Has The Optics Sector Become A Stock Picker's Market?
Tuesday, January 30, 2018 - 5:06pm | 805The optics sector may be overlooked by many investors, but a handful of stock picks in the space could yield attractive returns, according to Loop Capital Markets. The Analyst Loop Capital Markets' James Kisner initiated coverage on the following stocks: Oclaro Inc (NASDAQ: OCLR): Buy...
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Oppenheimer Lowers Apple Supplier Estimates On Weak iPhone Projections
Monday, January 29, 2018 - 7:40pm | 995Despite the hype surrounding Apple Inc. (NASDAQ: AAPL)'s 10th anniversary iPhone X, it appears Apple might fall short on shipments, according to multiple reports. Apple delivers its first-quarter report after the close Thursday, Feb. 1. The Analyst Oppenheimer analyst Andrew Uerkwitz...
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Apple Q1 Earnings Preview: What Wall Street Is Saying Ahead Of The Report
Saturday, January 27, 2018 - 6:36pm | 579Apple Inc. (NASDAQ: AAPL) will continue to dominate headlines ahead of its earnings report on Thursday, Feb. 1. The company is scheduled to report first-quarter earnings, which some investors are hoping will be the final catalyst to propel the stock's valuation above the $1-trillion mark. The...
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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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How iPhone X Weakness Caused A Downgrade Of Sony
Wednesday, January 24, 2018 - 3:11pm | 373Sony Corp (ADR) (NYSE: SNE) has been hitched to the Apple Inc. (NASDAQ: AAPL) gravy trail for a while now, but one Wall Street analyst said the ride is coming to an end. The Analyst JPMorgan analyst JJ Park downgraded Sony’s Toyko-listed shares from Overweight to Neutral and lowered...
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Apple Falls On Report Of iPhone X Weakness: 'High-End Smartphones Clearly Hitting A Plateau This Year'
Tuesday, January 23, 2018 - 4:19pm | 297Apple Inc. (NASDAQ: AAPL) shares fell marginally but sharply Tuesday afternoon when JPMorgan reported findings suggesting weakening iPhone X orders. Analyst Narci Chang forecasted the iPhone X is down 50 percent since the last quarter and, as a result, sliced first-quarter sales estimates for the...