Apple (AAPL), after a two-month absence, made a triumphant return to the latest list of new buys by the best mutual funds. Not only did it…
Tag: AAPL
Apple’s cash position is plunging
A theory aid out several decades ago by Michael Jensen, an emeritus professor of business administration at Harvard Business School…
Gene Munster: ‘Apple is, once again, defying gravity’
Loup Funds’ Gene Munster says that Apple is “defying gravity” and “powering through the early stages” of a macroeconomic downturn…
Based on history, Apple stock could have another monumental month
Apple stock was up an impressive 18.9% in July,still off its all-time high of $182.94, but marking its best month since August 2020…
3 bullish comments from Apple CEO Cook and CFO Maestri
Apple CEO Tim Cook and CFO Luca Maestri both offered bullish comments in the earnings call that solidified the Street’s approval…
Apple stock nears buy point after all-time record June quarter
Apple stock rose Friday after the company delivered an all-time record June-quarter revenue report. Plus, Apple expects sales growth to…
After Apple’s strong quarter, Citi outlines 5 reasons to buy the stock
Apple’s better-than-expected Q322 earnings report helped assuage investors’ worries about how a slowdown in consumer demand…
Apple and Amazon’s strength gets bulls buying despite U.S. recession
Apple and Amazon.com reported strong results after the latest Federal Reserve interest rate hike and the U.S. Commerce Department…
MacDailyNews presents live notes from Apple’s Q322 conference call
MacDailyNews presents live notes from Apple’s Q222 Conference Call with analysts starting at 5pm EDT / 2pm PDT today, July 28, 2022…
Apple beats Street on revenue and EPS
Apple today announced financial results for its fiscal 2022 third quarter ended June 25, 2022. The Company posted a June quarter revenue…
All eyes on Apple as company reports June quarter earnings on Thursday
Apple’s supply chain in China was constrained in the June quarter as the Chinese Communist Party enacted draconian lockdowns in a futile…
Apple stock surges in July, poised for biggest monthly gain in almost two years
Even as Apple deals with rampant U.S. inflation, waning consumer confidence, a strengthening dollar, and quixotic COVID lockdowns in China…
What the analysts expect for Apple’s Q322 earning report on Thursday
The Wall Street analysts’ consensus (FactSet) expect Apple to earn $1.16 per share on revenue of $82.8 billion in the company’s fiscal…
Apple earnings will illuminate the high-end consumer mindest
To date, Apple’s sales have remained strong, thanks in no small part to the fact that the company’s customers are well-heeled vs. the…
Bank of America trims Apple price target to $185 over foreign exchange headwinds
Bank of America has trimmed its price target on Apple shares from $200 to $185, citing foreign exchange headwinds…
Wall Street opens lower as Walmart warning rattles retail stocks
Major indexes fell at the open on Tuesday after Walmart’s profit warning heightened fears in the face of decades-high inflation …
Apple, other Big Tech earnings poised to determine the direction of the market
Apple, and other “Big Tech” names Amazon, Alphabet (Google), Meta (Facebook), and Microsoft will all report earnings this week in a crucial…
Apple and Big Tech earnings or the Fed: What matters more next week?
Rising interest rates have been a main focus for investors since early this year, when the Fed began trying to catch up to U.S. inflation…
Why Warren Buffett loves Apple so much
Warren Buffett loves owning Apple stock, which is, by far, the biggest position in Berkshire Hathaway’s portfolio…
Citi gives five reasons to buy Apple stock
“Despite macro woes, we continue to see several positive drivers for Apple’s products/services,” Citi analyst Jim Suva writes in a…
BofA: Apple’s lowering of trade-in prices implies ‘strong demand’
Apple’s lowering of trade-in prices for Macs, iPhones, iPads, and Apple Watches earlier this month, a move that implies strong demand …
5-Star analyst reiterates ‘Buy’ rating on Apple with $210 price target
Tigress Financial 5-star analyst Ivan Feinseth has reiterated his “Buy” rating on Apple shares and maintained his $210 price target on AAPL…
Apple stock continues to lead the market higher
With Apple stock continuing to move higher, the bulls are going to need the compnay to continue its rally if they want the rest of the market…
Apple set to beat Q3 expectations – Evercore
Evercore analyst Amit Daryanani expects enable Apple to, at a minimum, meet Wall Street consensus expectations that are looking…
Warren Buffett’s secret portfolio has 56.6% of its assets invested in Apple
Warren Buffett and his company Berkshire Hathaway have a “secret portfolio” with $6.3 billion in assets under management. Apple is, by far…
Apple product lead times hint at stronger than forecast June quarter
In a note to investors, J.P. Morgan analyst Samik Chatterjee analyzes Apple lead times and found them to be low, meaning that the impacts if the…
Fund managers rotate back into big tech to better ride out possible U.S. recession
Some fund managers are being prompted to rotate back into the big tech and growth winners of the last decade in the hope that they can…
Apple’s earnings report could trigger an AAPL rebound
The consensus estimate calls for Apple to post June quarter revenue of $82.4 billion. If Apple hits this, it could trigger a rebound in AAPL …
Apple investors and analysts turn their focus to iPhone 14
Apple is about to close the books on it third fiscal quarter and Apple investors are turning their focus to iPhone 14 which is set to appear…
Apple helps power Wall Street in bear market rally
Wall Street’s major indexes climbed on Tuesday as investors scooped up shares of Apple, other tech names, and energy companies…
U.S. stocks slide to yearly lows amid U.S. recession concerns
Stocks sank Thursday as investors concerns mounted over a potential U.S. recession and the potential economic costs of the Federal Reserve’s…
Stock futures slide on rising U.S. inflation, unemployment, and recession fears
U.S. stock index futures fell sharply after the Fed projected a slowing economy, rising unemploymentand the worst inflation in 40 years…
Analysts: Apple is still the best bet in a tech spending slowdown
In the increasingly likely event of a slowdown in consumer spending on tech amid rampant U.S. inflation, Apple is still the best bet …
Apple stock drops as Morgan Stanley warns of ‘broad based’ App Store slowdown
Apple shares dropped Friday after analysts at Morgan Stanley cautioned that App Store revenue faces a “broad based” slowdown…
Apple stock poised to hit first ‘death cross’ since December 2018
Apple’s stock has fallen far enough and for long enough to produce the ominous-sounding “death cross” bearish chart pattern that…
Apple’s paltry dividend yield leaves much to be desired
A list of the top global dividend payers each quarter shows that Apple is among the top payers of dividends in total dollars, but its yield…
Apple likely to benefit from ‘improving’ supply chain in Asia – analyst
Apple is likely to be one of the main beneficiaries from a “clear improvement” in the supply chain in Asia over the past week, as investment…
Why Berkshire Hathaway’s Warren Buffett loves Apple so much
Berkshire Hathaway’s Warren Buffett, the “Oracle of Omaha,” is one of the most affluent investors of all time. Berkshire’s investment…
Key U.S. inflation measure rises to near 40-year high
The U.S. Federal Reserve’s preferred gauge to track inflation climbed 4.9% in April from the previous year, close to the highest level…
U.S. stock indexes, Apple rise as tech sector erases early losses
U.S. stocks moved higher on Thursday as tech stocks like Apple, Nvidia, and others erased early losses to turn green…
Bank of America sets new $200 price target on Apple shares
Apple had its price target decreased by Bank of America revised its 12-month price target on Apple shares to $200.00 with a “Buy” rating…
Apple poised to emerge from downturn even stronger and more powerful
Flush with cash, Apple and other “Big Tech” firms are positioned to emerge from an economic downturn stronger and more powerful…
