App Store customers spent a record $1.42 billion between Christmas Eve and New Year’s Eve, a 16 percent increase over last year, and $386 million on New Year’s Day 2020 alone, a 20 percent increase over last year and a new single-day record…
Tag: Apple services
Apple debuts new video for Apple Arcade: Great games for the holidays
Get Apple Arcade for the holidays, and your whole family can play with you…
Merrill Lynch ups Apple price target, sees ‘continued strong demand for iPhones’
Apple’s relentless upward trajectory is not about to stop anytime soon, says Merrill Lynch analyst Wamsi Mohan…
Apple soars 75%, blasts entire market higher
The Dow Jones industrial average is up 20.61% this year to a near-record level of 28,135.38….
Apple News+ stumbled because it’s the service most outside Apple’s control
The most damning thing about Apple News+ is that no one seems interested in talking about it at all…
JP Morgan: Apple could raise annual advertising revenue to $11 billion by 2025
Apple could increase its income from advertising by more than five fold to $11 billion annually within the next six years…
Morgan Stanley: Apple’s TV service will be a $9 billion business within 5 years
Ahead of launch on November 1st, Morgan Stanley analysts estimate Apple TV+ could be a $9 billion-per-year business by 2025, even with conservative sign-up estimates…
Morgan Stanley raises Apple price target to $289
Apple TV+ will accelerate Apple’s Services growth to 20% in FY20 and become accretive to EPS in FY21…
Apple could crush Netflix, Spotify, and Disney+ with a $25 per month all-inclusive plan
There’s no doubt that Apple is playing to win. The company has already said that it will offer a year of Apple TV+ for free for anyone who buys a new iPhone, Mac, or iPad this fall…
Analyst: Apple 5G iPhones might not be worth the wait
Goldman Sachs analyst Rod Hall is back trying to analyze Apple, the iPhone, and 5G with predictable results…
The triumph of Apple’s walled garden
Apple will have doubled Services in 3 years to a level equivalent to a Fortune 63 company (right behind Goldman Sachs)…
Apple has more than enough money to buy a Hollywood studio, but should they?
Now that Apple is diving into the content business with Apple TV+, should Apple “go full Hollywood” and buy up a studio?
Apple disputes Goldman Sachs’ analyst Rod Hall’s claim; says Apple TV+ will not have ‘material impact’
Apple, in a statement to CNBC, disputed the negative call by Goldman Sachs’ analyst Rod Hall who this morning claimed, erroneously, that the one-year free trial of the Apple TV+ service…
Walt Mossberg’s takeaways from Apple’s iPhone event
Apple is trying to do what they think of it as being “early HBO,” so not many shows, not much quantity, but high quality…
Goldman Sachs slashes Apple price target to $165
Goldman Sachs cut its price target for Apple shares to $165 from $187, making the firm’s expectation for Apple the lowest…
Apple TV+ is trying to be HBO, not Netflix
Apple’s new Apple TV+ service features new Apple Originals every month. Always ad-free and on demand. For up to six family members…
Apple’s strategy for beating Netflix is the streaming wars’ best so far
37 million subscribers would make Apple TV+ the second-largest streaming service, with almost 36 percent more subscribers than Hulu’s 28 million…
How long before we get a $100 ‘Everything Apple’ subscription including an iPhone?
If you suspect Apple is heading toward offering us a single all-in subscription package, the company’s moves this week regarding Apple TV+ and, more quietly, AppleCare+, make a lot of sense…
The iPhone and Apple’s services strategy
The success of the iPhone XR strongly suggests that there is more elasticity in the iPhone market than ever before…
Apple to launch Apple TV+ in November, weighs price of $9.99/month with free trial
Apple plans to roll out the Apple TV+ movie and TV subscription service by November, part of a drive to reach $50 billion in service sales by 2020…
Rapid growth of Apple wearables means they will surpass both Mac and iPad in revenue
At the current pace, wearables will surpass both the iPad and Mac near the end of 2020 to become the third largest product category…
Good News: Apple no longer is the iPhone company
When the iPhone grew to represent more than 50% of Apple’s revenue, critics worried that the company was overly dependent on the device…
Apple’s path to success beyond the iPhone gets clearer
Sales in Apple’s accessories category — which includes Apple Watch and AirPods, as well as Beats headphones and HomePod speakers — are skyrocketing…
Jim Cramer: Apple needs new analysts that know how to cover its business correctly
CNBC’s Jim Cramer on Wednesday suggested that firms should shuffle the analysts they have assigned to cover Apple…
U.S.-China trade war isn’t hurting Apple as much as many feared
Apple CEO Tim Cook announced a strong third-quarter Tuesday, saying the strong results were driven by all-time record revenue from services…
How Apple’s iCloud is moving forward
It’s now roughly eight years since Apple first launched iCloud, but the company’s investment in cloud technology is still growing…
End of an era as Apple weans itself off the iPhone
Apple will reach a landmark moment this week as it reveals that its iconic handset now makes up less than half of its total sales…
Apple reports earnings on Tuesday: Key things to watch
Analysts polled by FactSet are expecting earnings of $2.09 per share on sales of $53.3 billion, on average…
Apple is poised to lose lots of iPhone users if it keeps ignoring the mid-range consumer
It’s no secret that the iPhone’s average selling price has creeped up over the past several years….
Apple jumps after Morgan Stanley ups price target from $231 to $247
Apple Inc. shares are up 1.69% in Monday morning trading after Morgan Stanley’s Katy Huberty raised her price target…
BofAML: Apple grew app sales in third quarter
Bank of America Merrill Lynch says Apple’s App Store revenue showed slight acceleration…
Apple software becomes lifestyle
Hardware becoming software is one of the key trends of this decade…
Analyst claims Apple’s App Store growth is slowing dramatically
Apple stock will not rise due to slowing sales growth in its App Store business, according to Goldman Sachs…
Apple TV has 16% share of U.S. streaming TV devices
Apple TV has grown to approximately 16% share of streaming TV devices in the U.S. as of Q219 and is projected to grow to over…
J.P. Morgan: Apple’s China issues ‘somewhat overblown,’ services underrated
Investor concerns about Apple’s fortunes in China are “somewhat overblown,” analysts from J.P. Morgan suggest…
Analyst: Apple stock will outperform on growing services sales
Apple is currently growing its services revenue at a double-digit clip “with potential acceleration given new revenue streams” (such as Apple News+, which racked up 200,000 subscribers in its first week)…
How the Apple world is quietly changing: Developers and rivals will be feeling distinctly nervous
When Tim Cook takes the stage next week for Apple’s annual developer conference, it will look from the outside very much like business as usual, but…
Analyst: Apple needs new services to succeed because existing ones will slow significantly
Apple Inc. needs to succeed with its new services offerings given that…
Vizio unveils all-new 4K HDR smart TVs, Apple’s HomeKit and AirPlay 2 coming later this year
When Apple listed all the AirPlay 2-compatible TVs, there was good news for Vizio TV owners…
Apple’s iPhone is the most successful product of all time
Apple’s iPhone sales have reached one trillion dollars…
Apple: $300 is my new 12-month price target
After reading the Q2 earnings transcript, I am going to make another bold projection…
Gene Munster: Wall Street is missing a critical point about Apple
Apple reported strong second-quarter earnings on Wednesday, exceeding Wall Street’s expectations…
