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Good, Not Great: Analysts Break Down Apple's Quarter
Wednesday, May 1, 2019 - 11:17am | 978Apple, Inc. (NASDAQ: AAPL) stock jumped more than 6.5 percent Wednesday after the company reported a big March quarter earnings beat and issued better-than-expected guidance. For the fiscal second quarter, Apple reported $2.46 in EPS on revenue of $58 billion. Both numbers topped consensus analyst...
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iPhone Comeback? Morgan Stanley Talks Apple's Chinese Growth
Friday, April 12, 2019 - 11:14am | 392Apple Inc. (NASDAQ: AAPL) saw gains in iPhone use in March for a third straight month in China, marking a turnaround from late last year, when the brand was losing share in the country, according to Morgan Stanley. The Analyst Katy Huberty has an Overweight rating on Apple with a $220 price...
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Morgan Stanley Talks Apple App Store Trends
Thursday, April 4, 2019 - 3:50pm | 337Data from Sensor Tower shows that Apple Inc. (NASDAQ: AAPL)'s App Store collected $3.7 billion in net revenue throughout the March-ending quarter, which is slightly lower than what Morgan Stanley was modeling. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight rating on Apple...
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Apple As A Service: Analysts Break Down Apple TV+, Apple News+ And Apple Arcade
Tuesday, March 26, 2019 - 11:45am | 1097Apple, Inc. (NASDAQ: AAPL) had one of its most important new service unveilings in recent memory on Monday, giving fans their first glimpse at streaming service Apple TV+, subscription gaming service Apple Arcade and news service Apple News+. Unfortunately for investors, Apple didn't...
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4 Reasons Morgan Stanley Loves Apple
Thursday, March 14, 2019 - 12:16pm | 398Morgan Stanley was one of several analysts to issue updates on Apple, Inc. (NASDAQ: AAPL) Thursday, touting signs of stabilization in the China iPhone market. The Analyst Morgan Stanley analyst Katy Huberty reiterated her Overweight rating and $197 price target for Apple. The Thesis After...
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Analysts Applaud IBM's Move To Make Watson Available Cross-Cloud
Friday, February 15, 2019 - 11:36am | 536IBM (NYSE: IBM)’s move to make its Watson AI technology available on competing cloud services is a positive, analysts said following the computing company’s annual IBM Think gathering. IBM said at the annual event this week in San Francisco that, rather than require customers to bring...
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'A Negative Inflection': Wells Fargo, Morgan Stanley React To NetApp's Q3 Sales Miss, Weak Guidance
Thursday, February 14, 2019 - 4:03pm | 546NetApp Inc. (NASDAQ: NTAP) shares were under pressure Thursday in reaction to third-quarter results released Wednesday after the market close that included a sales miss. The Analysts Wells Fargo Securities analyst Aaron Rakers has a Market Perform rating on NetApp with a $70 price...
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Sell-Side Trims Seagate Price Targets After Data Company Issues Weak Guidance
Tuesday, February 5, 2019 - 11:52am | 714Seagate Technology PLC (NASDAQ: STX) were declining Tuesday after the storage device manufacturer issued a bleak sales forecast for the March quarter. The Analysts Morgan Stanley analyst Katy Huberty maintained an Overweight rating on Seagate and reduced the price target from $60...
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Wall Street Reacts To Apple's Q1 Earnings, Guidance
Wednesday, January 30, 2019 - 11:41am | 1195Many Apple Inc. (NASDAQ: AAPL) investors are breathing a sigh of relief after the company's fiscal first-quarter results came in slightly better than expected and the stock initially jumped higher by more than 5 percent. Here is a summary of how some of the Street's top analysts reacted to...
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Apple Q1 Earnings Preview: Investors Brace For Update On Turbulent Quarter Marred By iPhone Weakness
Monday, January 28, 2019 - 1:14pm | 1073Apple Inc. (NASDAQ: AAPL) is going through a tough phase given the issues surrounding its flagship product, the iPhone. From an intraday high of $233.47 hit Oct. 2, Apple stock ended the calendar fourth quarter at $157.74, a drop of about 33 percent. Given the muted offtake of its latest...
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HP Reports A Clean Q4 Beat, But Headwinds Keep Analysts On The Sidelines
Monday, December 3, 2018 - 2:36pm | 548HP Inc (NYSE: HPQ) reported above-consensus top- and bottom-line results Thursday in the fiscal fourth quarter and issued fairly positive guidance for the first quarter and fiscal 2019 as a whole. The Analysts Morgan Stanley analyst Katy Huberty maintained an Equal-weight rating and $28...
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Nutanix Reports Q1 Revenue Beat: A Largely Bullish Sell-Side Reacts
Wednesday, November 28, 2018 - 11:59am | 755Cloud software company Nutanix Inc (NASDAQ: NTNX) reported Tuesday after the market close with roughly 14-percent revenue growth and a narrower-than-expected loss in the fiscal 2019 first quarter. Nutanix issued second-quarter revenue guidance that surrounded the consensus estimate. The...
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Loud And Clear: Sonos Boasts High Demand In Q4 Print
Friday, November 16, 2018 - 11:56am | 576In its second quarter as a public company, Sonos Inc (NASDAQ: SONO) has loudly asserted its right to compete. Its stock opened up 25-percent higher Friday on record fourth-quarter earnings. What Happened Sonos reported $273 million in revenue on 27-percent year-over-year growth; 343-percent growth...
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Morgan Stanley: Buy The Dip In Apple
Thursday, November 15, 2018 - 3:46pm | 525A five-session sell-off in Apple Inc. (NASDAQ: AAPL) shares was stalling Thursday after Morgan Stanley painted a positive picture of the company's Services business. The Analyst Morgan Stanley's Katy Huberty maintained an Overweight rating on Apple with a $253 price target. The Thesis The...
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Analysts Break Down Key Issues From Apple's Q4 Print
Friday, November 2, 2018 - 11:19am | 763Apple, Inc (NASDAQ: AAPL) is getting crushed Friday following a disappointing fourth-quarter earnings report. Apple exceeded EPS and revenue expectations for the fourth quarter, but its first-quarter revenue guidance of between $89 billion and $93 billion was short of consensus expectations of $93....