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Will Apple Be Able To Bounce Back In The Chinese Smartphone Market?
Monday, June 5, 2017 - 1:35pm | 482UBS analyst Steven Milunovich reiterated a Buy rating for Apple Inc. (NASDAQ: AAPL) with a price target of $170 after publishing research on the company’s Chinese market. The analyst sees China as the swing factor in whether Apple can achieve the 15 percent iPhone unit increase UBS predicts...
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How Could OLED Screens Shake Up Smartphone Supply Chains?
Monday, November 7, 2016 - 5:22pm | 909The evolution of technology is breathtaking, going beyond the imagination of even the most brilliant human minds. One technology used for creating digital displays in devices ranging from TVs to computer monitors (to mobiles to hand-held consoles to PDAs, etc.) is now making waves and is adopted by...
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UBS Raises Target On Apple To $127 Amid Evidence Lab Survey
Tuesday, September 20, 2016 - 10:22am | 320UBS is the latest brokerage to boost its price target on Apple Inc. (NASDAQ: AAPL) shares, from $115 to $127 citing initial demand indicated "encouraging Evidence Lab analysis of search volumes." Interestingly, analyst Steve Milunovich sees less interest for iPhone 7 compared to...
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Will Investors Care If HP Cuts Guidance?
Friday, May 20, 2016 - 8:47am | 527PC and printer maker HP Inc (NYSE: HPQ) reports its second-quarter results on May 25, and UBS still sees the company's full-year EPS outlook of $1.59–1.69 "at risk." "We continue to see risk to earnings guidance though the stock might not care," analyst Steven Milunovich wrote. Rating,...
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Apple Could Pass $200 If Market Values Recent Changes As 'Annuity Business'
Tuesday, September 15, 2015 - 8:38am | 277Apple Inc. (NASDAQ: AAPL) has seen a 5.52 percent gain in its share price over the past five trading days. Steven Milunovich of UBS has maintained a Buy rating and price target of $150 on the company. Milunovich expects the stock to be worth more than $200, if it were priced as an annuity...
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Apple Declines, UBS Says 'People Are Looking For A Catalyst'
Tuesday, August 4, 2015 - 3:18pm | 334Apple Inc. (NASDAQ: AAPL)'s stock is down almost 12.5 percent since the company reported its third-quarter numbers on July 21. Steve Milunovich, UBS analyst, was on CNBC Tuesday to discuss the reasons for those declines and to share his outlook on iPhone sales. Reasons For Decline "Well...
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UBS: The Street Got 'A Little Bit Too Excited' For Apple's Q3 Results
Wednesday, July 22, 2015 - 2:57pm | 373The Street isn't reacting well to Apple Inc. (NASDAQ: AAPL)'s third-quarter earnings on Wednesday, even though the company beat earnings and revenue projections in its earnings declaration Tuesday. The only disappointment in Apple's results was perhaps the company missed the most...
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Apple & Shake Shack: Different Industry Sectors, Same Business Model
Wednesday, July 1, 2015 - 4:03pm | 361UBS analyst Steve Milunovich thinks that the reason Apple Inc. (NASDAQ: AAPL) and Shake Shack Inc (NYSE: SHAK) continue to be successful in selling their products at a higher margin than others is the same. Milunovich was on CNBC Wednesday to explain that reason and share his outlook on Apple...
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UBS Says 'It's China, China, China' For Apple
Monday, May 18, 2015 - 3:08pm | 360UBS Analyst Steve Milunovich recently came out with a note in which he wrote that Apple Inc. (NASDAQ: AAPL) "has somewhat botched the Watch introduction." Milunovich was on CNBC Monday to explain why he thinks so and to share the highlights of a latest survey done by UBS on Apple....