Maxim Group on Wednesday initiated coverage of Apple (AAPL) with a “Hold” rating and $178 price target. Apple is too dependent on China…
Tag: AAPL
Apple stock drops as analyst calls growth outlook ‘anemic and/or negative’
Apple stock fell again in Tuesday trading after a Wall Street firm lowered its estimates for the company’s March quarter following channel…
Apple faces $8 billion in profit risk, other problems – analyst
Apple’s stock has been under pressure for most of the year and, besides iPhone’s sales issues in China, investors might want to take note…
Apple shares look to retake key level
Apple shares look to retake a key level as the stock rose in above-average trading volume for the second straight day on a news report…
Apple stock has best day since last May
Apple shares climbed 4.3% on Thursday to a share price of $175.04 having their best day since last May. Still, Apple shares are down…
Investors have historically underestimated Apple’s gross margins – BofA
“Investors have historically underestimated Apple’s gross margins and it appears that it is happening again,” BofA Securities analyst…
Hedge Funds show interest in Apple as valuation moderates – JPMorgan
JPMorgan Chase & Co. analysts say that Apple is drawing interest from hedge fund investors as a slump in its shares reduces the stock’s…
Wedbush maintains ‘outperform’ rating on Apple stock with a $250 price target
Wedbush Securities analyst Daniel Ives says that despite the facts that Apple clearly missed GenAI and is in catch-up mode, is having iPhone…
Is Apple stock a buy again?
Apple faces a litany of challenges that have weighed on Apple stock, including an antitrust lawsuit by the U.S. Department of Justice. Still…
Apple CEO Cook sells 196,410 AAPL shares at $169.33
According to a recent SEC filing, Apple CEO Tim Cook sold 196,410 shares of Apple (AAPL) on April 2, 2024 at the share price of $169.33…
Apple shareholders worry about ‘lack of innovation’
Apple shares are underperforming the market so far this year as shareholders’ concern mounts over the company’s lack of innovation…
Apple shareholders look for positive signs after worst quarter relative to S&P since 2013
With Apple’s stock coming off its worst quarterly performance relative to the S&P 500 Index in over a decade, AAPL investors are looking for…
Apple’s rotten, no-good first quarter
Apple is in the midst of what is basically a rotten, no-good year so far. The company is contending with a high-profile antitrust battle…
Apple could double down on China market – analyst
Apple could double down on the China smartphone market amid declining iPhone sales and increasing competition in the country…
Apple so far left out of the AI frenzy, but could have the last laugh, analysts say
While other tech stocks have been lifted by the artificial intelligence frenzy, Apple has languished. However, the company could have the…
Jim Cramer throws cold water on DOJ’s lawsuit against Apple, calls it a ‘buying opportunity’
CNBC’s Jim Cramer threw cold water on the U.S. DOJ’s antitrust case against Apple, calling this action a buying opportunity for AAPL stock…
Evercore ISI reiterates Apple as outperform with $220 price target
Amit Daryanani, Evercore ISI senior managing director, joins CNBC’s “Squawk on the Street” to discuss what will reverse Apple’s downside…
Apple stock could remain under siege for months – analyst
Apple stock is coming off a seven-session losing streak, and it’s down 12% so far this year. Shares could remain under siege through the;
After $200 billion selloff, Apple looks the most oversold in years
Apple shares have struggled mightily in 2024, and the ongoing weakness has the stock looking like it is the most oversold in years…
Apple’s sour start to 2024 may improve with ‘a host of tailwinds’ ahead – analyst
Shares of Mac-maker Apple were down another 3% in Monday trading and they’re off about 10% in a sour start 2024, but Evercore sees…
Apple stock keeps dropping as bad news piles up
Apple shares keeps dropping this year, as bad news, from being M.I.A. from generative AI to huge antitrust fines, piles up…
Investors impatient as Apple conspicuously lags in generative AI
Apple CEO Tim Cook has been repeatedly asked the same question by investors: What is Apple doing about generative artificial intelligence?
Apple and the rest of ‘The Magnificent Seven’ dominate the S&P 500
The U.S. stock market is nearly the most concentrated it has ever been – the only exception being the late 1920s (gulp) – with the top five…
Warren Buffett’s Berkshire Hathaway trims 1% of its massive stake in Apple
Warren Buffett’s Berkshire Hathaway trimmed its flagship position in Apple in the fourth quarter. Berkshire sold about 1% of its Apple…
Apple iPhone supply chain checks show ‘clear stabilization of demand’ in China
Recent checks into the iPhone supply chain suggest that Apple is seeing a “clear stabilization of demand” in China, Wedbush Securities…
Apple and TSMC: Two tech stocks you can buy and hold for the next decade
For investors looking for tech stocks that they can hold onto for the next decade, Apple and TSMC are options you don’t have to second-guess…
Apple’s services revenue is growing quickly, up 25% over the past two years alone
In Apple’s most recent fiscal year, which ended September 30, 2023, its services segment grew 9% to $85.2 billion. Go back two years, and…
Can Apple return to growth and guide for continued momentum?
With Apple shares rising more than 40% over the past year, the company needs to show a return to growth. Even more…
Apple earnings ‘to serve as a clearing event’ – Morgan Stanley
Ahead of Apple’s Q124 earnings release on February 1st, Morgan Stanley analyst Erik Woodring said the investment firm expects the …
Trustbusters, platform shifts, and geopolitics could all hurt Apple
In the past month Apple has faced an onslaught of issues: a patent dispute forced it to remove features from two of its smartwatches, the…
Wedbush expects Apple to sell 600,000 Vision Pro units in 2024; reiterates $250 AAPL target price
Wedbush has revised its estimates of how many of the Apple Vision Pro will be sold in 2024 upwards to 600,000 units while reiterating…
Apple poised to retake title of world’s most valuable company from Microsoft
Apple is poised to retake the title of the world’s most valuable company from Microsoft after ceding the mantle last week…
Bank of America upgrades Apple stock to ‘Buy’ and ups price target to $225
Bank of America Securities analyst Wamsi Mohan on Thursday upgraded Apple stock to “Buy” from “Neutral” and raised his AAPL price target…
Wall Street ends down as Apple weighs
U.S. stocks ended lower on Tuesday after mixed earnings from Morgan Stanley and Goldman Sachs pressured banks, and as sell-offs in Apple…
Microsoft surpasses Apple as world’s most valuable company
Microsoft overtook Apple as the world’s most valuable company on Thursday after Apple’s shares made a weak start to 2024 due to concerns;
Apple stock gets slammed to start the new year
Apple’s stock price has fallen 5.9% over the first three trading days of 2024, according to Dow Jones Market Data.…
Piper Sandler downgrades Apple
Apple is the only megacap tech stock in the red, down 0.9% in premarket trading, after brokerage Piper Sandler downgraded…
Apple is primed to resume growth after four straight quarters of declining sales
Worries over weak iPhone 15 demand and regulatory scrutiny should be tempered for Apple, the world’s most valuable stock, is about to start…
Apple has lost some $370 billion in market value so far in 2024
Shares of Apple are down nearly 5% to start 2024, erasing roughly $370 billion in market value, as concerns about China and iPhone sales…
Is 2024 the year Apple’s crippling dependence on China finally blows up?
Is 2024 the year Apple’s crippling dependence on China, a situation engineered by CEO Tim Cook, finally blows up?
Apple shares swoon after Barclays downgrade
Apple shares fell more than 3% after Barclays downgraded the stock and trimmed its price target on what it sees as weakening iPhone 15 sales…
Barclays downgrades Apple stock
Barclays has downgraded Apple stock to underweight for first time since 2019 on what it sees as cooling iPhone demand…
