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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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Rosenblatt: What Apple's Quest To Add More 3-D Sensing Applications Means For Suppliers
Friday, April 13, 2018 - 2:56pm | 647Apple Inc. (NASDAQ: AAPL) could add more applications for its 3-D sending solution and launch some AR/VR applications later this year, according to Rosenblatt Securities. The Analyst Rosenblatt has a Buy rating on the shares of Apple. The Thesis Apple is working to improve its 3-D...
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Opticals Taking Back Lost Market Share, According To Rosenblatt
Wednesday, April 11, 2018 - 12:07pm | 401The optical market has undergone "interesting changes" and companies like Applied Optoelectronics Inc (NASDAQ: AAOI) could rebound. The Analyst Rosenblatt Securities' Jun Zhang. The Thesis Zhang's research in the optical market suggests Applied Optoelectronics gained...
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Apple Releases New Student iPad, But Rumors Of A $259 Model Prove Unfounded
Wednesday, March 28, 2018 - 3:56pm | 368Apple Inc. (NASDAQ: AAPL) introduced a $299 iPad for students with Apple Pencil support on Tuesday, but Apple enthusiasts hoping for a 3-D powered tablet may need to wait a few more months. What Happened Apple's new 9.7-inch tablet includes Touch ID, a high-definition camera, 10 hours of...
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Analysts Slash iPhone Estimates As The Smartphone Market Slows
Wednesday, March 28, 2018 - 10:27am | 424Does Apple Inc. (NASDAQ: AAPL) have an iPhone problem? The Analysts Rosenblatt Securities' Jun Zhang maintains a Buy rating on Apple's stock with an unchanged $180 price target. Goldman Sachs' Rod Hall maintains a Neutral rating on Apple's stock with a 12-month price target...
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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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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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Rosenblatt Says Qualcomm RF efforts Could Become Headwind For Skyworks, Qorvo
Thursday, January 25, 2018 - 4:14pm | 451QUALCOMM, Inc. (NASDAQ: QCOM) announced Wednesday the signing of four MOUs with Chinese mobile communications companies that supply Qualcomm's RF front end components valued at more than $2 billion in aggregate over three years. The Chinese companies include Lenovo Group Limited (ADR) (OTC...
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'No Evidence' Of iPhone X Component Cuts, Says Rosenblatt Analyst
Tuesday, December 26, 2017 - 12:52pm | 435Apple Inc. (NASDAQ: AAPL) shares have shown a lack of direction since the commercial release of the iPhone's latest iteration. Shares were lower Tuesday on concerns triggered by a reports of a downward revision to the iPhone X forecast. But a Rosenblatt Securities analyst sees no reason...
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Blockchain, 'Internet Of Vehicles' Has NQ Mobile Rallying
Thursday, December 21, 2017 - 10:45am | 497NQ Mobile Inc (ADR) (NYSE: NQ), a China-based global provider of mobile internet services, was highlighted by a Wall Street analyst as being the "next big thing" in areas like internet of vehicles, blockchain and smart cars. The Analyst Rosenblatt Securities' Jun Zhang...
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Apple Gets An Upgrade Thanks To China, Holidays, And More
Friday, November 3, 2017 - 10:14am | 355Analysts at Rosenblatt Securities have turned more bullish on Apple Inc. (NASDAQ: AAPL). The firm's Jun Zhang upgraded Apple's stock from Neutral to Buy with a price target boosted from $150 to $180. There were three main reasons for the upgrade. China Apple is seeing momentum in China,...
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Apple Under Pressure Following Report Of iPhone 8 Production, Demand Woes
Thursday, October 19, 2017 - 8:54am | 402Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by around 1.50 percent early Thursday morning in reaction to a concerning report from Taiwan's Economic Daily News relating to iPhone 8 production. Apple may have requested a 50 percent cut in orders for the iPhone 8 possibly due to poor...
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Apple's Suppliers Are Feeling The Heat Amid A Poor iPhone 8 Debut
Tuesday, September 26, 2017 - 9:36am | 414Apple Inc. (NASDAQ: AAPL)'s iPhone 8 debut is off to a rocky start as the phone's features are "lackluster" versus its competitors, according to Bloomberg News' Mark Gurman. While it may be true that many iPhone buyers are holding out a few weeks for the higher-end iPhone X...
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Rosenblatt Suggests Apple iPhone 8 Preorders Are Weak; Users Holding Out For iPhone X?
Wednesday, September 20, 2017 - 11:39am | 347Apple Inc. (NASDAQ: AAPL)'s stock lost nearly 3 percent Wednesday morning, partly due to a cautionary report from analysts at Rosenblatt Securities. Based on initial research, it appears iPhone 8 preorders are "substantially lower" than prior iPhone 7 and iPhone 6 levels, analyst Jun...
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Here's What's Likely Behind The Rumors Apple's iPhone 8 Will Be Delayed
Friday, September 8, 2017 - 3:24pm | 266Just about as soon as the iPhone 8 announcement was made, there has been speculation of a possible production delay. According to a new report by Rosenblatt Securities, Apple is currently having some issues with the metal frame of the highly anticipated iPhone 8. While the firm still believes...