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UBS Has Concerns With Apple And Japan's Changing Dynamics
Tuesday, June 28, 2016 - 1:54pm | 284Read More...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...
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Citi Reiterates Sell On Jabil Following Guidance Cut
Thursday, June 16, 2016 - 9:10am | 276Read More...Jabil Circuit, Inc. (NYSE: JBL) has significantly lowered its full-year sales and EPS guidance for the second successive quarter. Citi’s Jim Suva maintains a Sell rating on the company, with a price target of $17. Guidance Cut Suva mentioned that Jabil Circuit had cut its FY16 EPS guidance...
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Is Apple Pivoting Into A Subscription Software Company?
Tuesday, June 14, 2016 - 11:38am | 259Read More...Apple Inc. (NASDAQ: AAPL) is trying to make a big change to its business model to make up for a saturating iPhone market. According to Global Equities Research’s Trip Chowdhry, that transition involves creating a unique ecosystem for each of the company’s devices. “Apple is...
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All You Need To Know Ahead Of Jabil's Upcoming Q3 Earnings Report
Thursday, June 9, 2016 - 2:53pm | 303Read More...Jabil Circuit, Inc. (NYSE: JBL) is reporting its third-quarter earnings on June 15, and RBC has said the main focus will be on the company's ability to sustain revenue growth if iPhone headwind persists. RBC now expects third-quarter revenue/EPS at $4.14 billion/$0.14, which is slightly below...
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Citigroup: Sell Skyworks Solutions
Thursday, June 9, 2016 - 8:57am | 305Read More...Skyworks Solutions Inc (NASDAQ: SWKS) shares have declined 11 percent year-to-date, following the weak March quarter results. Citi’s Atif Malik downgraded the rating on the company from Neutral to Sell, while lowering the price target from $69.50 to $65.00. Malik believes that the stock...
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Citi Upgrades Qorvo On Improved Execution
Thursday, June 9, 2016 - 8:27am | 390Read More...Citi has upgraded Qorvo Inc (NASDAQ: QRVO) to Neutral from Sell on "improved execution in integration/share gains and higher proliferation of carrier aggregation design wins." "We believe QRVO can sustain the $ content gain momentum in GS7 and iPhone SE gained this year," analyst Atif Malik wrote...
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'Gloom And Doom' In Apple Story Has Reached Extreme Levels This Year, Says Drexel Hamilton
Wednesday, June 8, 2016 - 10:24am | 307Read More...Drexel Hamilton’s Brian J. White believes “the ‘gloom and doom’ sentiment engulfing the Apple Inc. (NASDAQ: AAPL) story has reached extreme levels this year,” and the stock represents “an exceptional value.” White maintains a Buy rating on the company, with...
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How Apple Shares Could See $60 In Upside
Tuesday, June 7, 2016 - 3:04pm | 292Read More...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...
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iPhone 7, 7 Plus Leak Shows Departure Of Features
Tuesday, June 7, 2016 - 9:51am | 368Read More...Apple Inc. (NASDAQ: AAPL) has always reserved the top features for its iPhone Plus series, including a better screen, better cameras and superior battery life. A new Forbes article outlines how the trend may continue for the iPhone 7 Plus. Forbes, citing 9to5Mac, said evidence has surfaced that the...
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Concerns About iPhone Production Cuts Likely Already Priced Into Suppliers
Friday, May 13, 2016 - 4:28pm | 355Read More...The Apple Inc. (NASDAQ: AAPL) iPhone 7 cycle may end up being softer than investors had hoped, and potential production cuts would certainly be bad news for iPhone suppliers. However, according to Pacific Crest analyst John Vinh, fears surrounding further production cuts are already priced into...
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Apple Just Invested $1 Billion In Uber's Biggest Rival
Friday, May 13, 2016 - 8:33am | 497Read More...Apple Inc. (NASDAQ: AAPL) has invested $1 billion in Chinese ride-hailing service Didi Chuxing, dealing a severe blow to Uber's expansion efforts in the country. The investment from Apple, which joins Tencent Holdings Ltd (OTC: TCTZF) and Alibaba Group Holding Ltd (NYSE: BABA) in investing...
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UBS Doesn't Like Apple's Upgrade Cycle, Sees Declining New Customer Base
Wednesday, May 11, 2016 - 8:13am | 299Read More...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...
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This Fund Manager Has No Desire To Lower Its Apple Holdings
Monday, May 9, 2016 - 2:01pm | 232Read More...Dan Morgan of Synovus Trust was a guest on CNBC's "Squawk On The Street" segment Monday to talk about his fund's stake in Apple Inc. (NASDAQ: AAPL). Morgan said his fund has been a shareholder in Apple since 2004 at an approximate cost basis of $5 per share. He added that despite the stock hitting...
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Apple Investors: Don't Freak Out About A Slowdown In China
Tuesday, May 3, 2016 - 5:01pm | 585Read More...Investors of Apple Inc. (NASDAQ: AAPL) shouldn't be concerned over slowdown in China, according to a note from Sterne Agee CRT's Rob Cihra. Apple And China Apple revenue from China fell 26 percent in its March quarter versus 71 percent growth a year ago. Cihra added that China...
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Gene Munster Talks Apple's Future On Benzinga's PreMarket Prep
Wednesday, April 27, 2016 - 2:04pm | 402Read More...Gene Munster of Piper Jaffray was a special guest on Benzinga's PreMarket Prep show on Wednesday to help dissect Apple Inc. (NASDAQ: AAPL)'s second-quarter results and outlook. Jumping right into it, Munster described Apple's guidance as "disappointing" due to what the analyst believes to be an...
















