Steven Milunovich

Apple Inc. (NASDAQ: AAPL) is scheduled to announce Q3 results after the market close. Here's a look into four key metrics to keep an eye on. Piper Jaffray’s Gene Munster said he would be looking for... The $2 billion quarter-over-quarter reduction in channel inventory that CFO Luca...

Apple Inc. (NASDAQ: AAPL) is valued like International Business Machines Corp. (NYSE: IBM), despite the former’s long-term growth and margin prospect being superior to that of IBM, UBS’s Steven Milunovich said in a report. He maintained a Buy rating on the company, with a $115 price...

A June smartphone survey revealed that smartphone buying interest among North American consumers is at the lowest levels since 2008. UBS’ Steven Milunovich maintains a Buy rating on Apple Inc. (NASDAQ: AAPL), with a price target of $115. Survey Results The June smartphone survey was conducted...

Most Apple Inc. (NASDAQ: AAPL) traders have focused their international attention primarily on China in recent years, but Japan may end up being a major thorn in Apple’s side. UBS analyst Steven Milunovich sees two reasons why Apple investors should be concerned about Japan. First, Japanese...

Although the news garnered a lot of attention during Friday's session, it seems talk of a concerning iPhone ruling in Beijing was dismissed by the sell side. Piper Jaffray's Gene Munster, long viewed as the top analyst in Apple Inc. (NASDAQ: AAPL), called the ruling "irrelevant...

Cisco Systems, Inc. (NASDAQ: CSCO) has announced that it will launch Tetration Analytics, which is a new analytics suite for data centers and includes machine learning. UBS’ Steven Milunovich maintains a Buy rating on the company, while raising the price target from $30 to $32. Tetration...

John McMullen is scheduled to take over from David Styka as the CFO of 3D Systems Corporation (NYSE: DDD) beginning July 1. UBS’ Steven Milunovich maintains a Sell rating on the company, with a price target of $9. The New CFO McMullen spent over 30 years with HP Inc (NYSE: HPQ) in various...

UBS believes there wasn't any earth-shaking news in Apple Inc. (NASDAQ: AAPL)'s keynote address. However, there were several interesting announcements at the 2016 Worldwide Developer Conference, which included enhancements of platforms to attract developers and product enhancements. The...

The S&P 500 hit new 2016 highs this week, but Apple Inc. (NASDAQ: AAPL) shareholders haven’t been invited to the market party. So far in 2016, Apple shares remain down 5.6 percent on fears that the iPhone market may have finally become saturated. While that may be the case, UBS analyst...

UBS’ Steven Milunovich believes Apple Inc. (NASDAQ: AAPL) shares are likely to remain range bound in the near term, “with low multiples acting as downside support and lack of demand catalysts an upper ceiling.” Mulunovich maintains a Buy rating on the company, while lowering the...

International Business Machines Corp. (NYSE: IBM) reported its 1Q results on April 18. UBS’ Steven Milunovich maintained a Neutral rating for the company, while raising the price target from $132 to $150. The analyst commented that although the quarter was tough, IBM seems to be “...

Despite maintaining a Buy rating on Apple Inc. (NASDAQ: AAPL), UBS's Steven Milunovich has raised a few concerns regarding the stock. As indicated from a recent CIRP survey, Apple users are not upgrading their phones as frequently. "The 6s cycle continues to be mediocre in terms of...

UBS’ Steven Milunovich believes Apple Inc. (NASDAQ: AAPL) is undervalued as a platform, given that “the stock trades at a valuation similar to legacy pipeline computer companies.” Milunovich maintained a Buy rating on the company, with a price target of $120. Two Platforms...

Apple Inc. (NASDAQ: AAPL) is the largest public company in the world and the most widely-owned stock in the market. However, UBS analyst Steven Milunovich doesn’t believe that makes the company invincible. According to Milunovich, Apple faces three major threats to its business in coming...