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What's The 'Pig In A Python' Theory And What Does It Have To Do With Apple's New iPhone?
Tuesday, July 25, 2017 - 11:49am | 409UBS analyst Steven Milunovich isn’t concerned by a possible delay in iPhone shipments, and reiterated a Buy rating on Apple Inc. (NASDAQ: AAPL) shares with a $170 price target. Milunovich said iPhone sales are a “pig in a python,” defined by the Oxford English Dictionary as a...
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If You Believe Sell-Side iPhone 8 Scenarios, Apple Is Headed For An Earnings Beat
Tuesday, July 18, 2017 - 3:16pm | 308Amid the speculation surrounding the newest iPhone features, timing, pricing and possible supply constraints, analysts at UBS believe its best to wait until Apple Inc. (NASDAQ: AAPL) actually makes the announcement. According to UBS analyst Steven Milunovich, most scenarios have Apple exceeding...
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What The Future Holds For Apple In China
Monday, June 26, 2017 - 1:51pm | 365Apple Inc. (NASDAQ: AAPL)'s success or failure hinges on the iPhone's performance in China, UBS's Steven Milunovich commented in a research report. The analyst is modeling Apple's iPhone unit growth in fiscal 2018 to be 15 percent, which would mark a reversal after two years of 20 percent unit...
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Apple Wants To Get Into Content: Should It Build Or Buy?
Wednesday, June 21, 2017 - 2:55pm | 469To buy or to build is the big question Apple Inc. (NASDAQ: AAPL) is looking to answer as the company expresses interest in generating its own content. UBS analyst Steven Milunovich took a closer look at this question and believes Apple intends on building its content. Why Apple Seems Destined To...
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Jabil's Guidance Shows The Company Doesn't Believe Its Fate Is Tied To Apple
Thursday, June 15, 2017 - 12:25pm | 416Jabil Inc (NYSE: JBL) surprised UBS’ Steven Milunovich with by raising EPS guidance for fiscal 2018 to $2.60, compared to a $2.52 consensus. The analyst reiterated a Buy rating and raised the company’s price target from $30 to $35. The increase reflects a shift from calendar 2017 to...
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What Did WWDC 2017 Do For Apple? The Sell-Side Weighs In
Tuesday, June 6, 2017 - 3:42pm | 772Apple Inc (NASDAQ: AAPL) investors and enthusiasts are excited about the new products and development tools Apple unveiled at its World Wide Developer Conference on Monday. Apple unveiled new augmented reality development toolkit ARKit, Siri speaker device HomePod, peer-to-peer payment platform Pay...
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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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What's A Share Of Apple Worth When The Average iPhone Cost Hits $730?
Monday, May 22, 2017 - 2:39pm | 374Ahead of the much anticipated iPhone 8 launch, some analysts, including Goldman Sachs' Simona Jankowski, are suggesting that Apple Inc. (NASDAQ: AAPL) could price its new smartphone starting at $1,000. UBS's Steven Milunovich also expects Apple to sell its new iPhone above $999, but the entry level...
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Where Does Apple's Stock Go From Here?
Tuesday, May 16, 2017 - 2:05pm | 411Even after a 34 percent year-to-date gain, Warren Buffett isn’t finished buying Apple Inc. (NASDAQ: AAPL). Apparently, neither is Wall Street. The same week Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)’s 13F filing revealed Buffett more than doubled his stake in Apple in Q1,...
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Can Apple Transition From Dependence Upon 'Hit' Products To A Sustained-Growth Focus?
Monday, May 15, 2017 - 2:12pm | 457UBS's Steven Milunovich hosted a chat with two notable Apple Inc. (NASDAQ: AAPL) experts, Horace Dediu of Asymco and Neil Cybart of AboveAvalon.com last week to talk about iPhone expectations and the longer-term opportunity in transportation. In a new research report on Monday, the analyst held...
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Analysts Say Apple's Future Is In Transportation, Not Just A Car But An 'Experience'
Thursday, May 11, 2017 - 8:43am | 441UBS's Steven Milunovich consulted with two notable Apple Inc. (NASDAQ: AAPL) experts to gain further perspective on the company's outlook. The analyst met with Asymco's Horace Dediu and Above Avalon's Neil Cybart, both of whom are positive on Apple's business. Dediu explained to the analyst that...
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Apple Will Likely Make An Acquisition, But Maybe Not For The Reason You Think
Tuesday, May 9, 2017 - 1:27pm | 364There is little doubt that attention grabbing headlines like "Why Apple Inc. (NASDAQ: AAPL) should buy Netflix, Inc. (NASDAQ: NFLX)" make for good reads and stir debate among followers. But few are taking a step back and considering the philosophy behind any M&A move — until now. UBS's...
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Should Apple Investors Still Care About Slumping iPhone Demand?
Monday, May 1, 2017 - 11:13am | 326The last thing Apple Inc. (NASDAQ: AAPL) investors want to hear is that iPhone demand is falling. Unfortunately, a new survey from 451 Research indicates just that. The survey of more than 4,000 North American consumers revealed that near-term smartphone buying intent recently dropped to a nine-...
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Apple's Next Couple Quarters Might Be Less Important Than Usual
Monday, April 24, 2017 - 11:37am | 410Investors hoping for some excitement and the corresponding volatility in Apple Inc. (NASDAQ: AAPL)'s stock may be out of luck in the near term. According to UBS' Steven Milunovich, many Apple investors remain focused on fiscal 2018, which corresponds with the launch of the new iPhone. This...
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UBS Considers The Prospects Of A $1,000 iPhone
Tuesday, April 4, 2017 - 1:46pm | 374Apple Inc. (NASDAQ: AAPL) shareholders and iPhone users are eagerly anticipating the release of the 10th anniversary iPhone 8 later this year. Unfortunately, UBS analyst Steven Milunovich predicts iPhone enthusiasts will have to pay a hefty price for the anniversary model. While some people have...