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Tag: Bank of America

Steve Jobs’ Apple Retail Store chief Ron Johnson: ‘Apple is going to win on AI’

Friday, June 5, 2026 4:13 pmFriday, June 5, 20264 Comments

Steve Jobs’ former retail chief Ron Johnson believes Apple is poised to dominate artificial intelligence, largely because the iPhone will be…

Bank of America ups Apple price target to $380

Tuesday, May 26, 2026 4:30 pmTuesday, May 26, 2026No Comments

In a notable vote of confidence for Apple amid ongoing questions about its AI pace, Bank of America analyst Wamsi Mohan has significantly…

BofA ups Apple stock price target to $325 ahead of Q2 earnings

Wednesday, April 15, 2026 4:41 pm2 Comments

On Tuesday, top Bank of America analyst Wamsi Mohan reiterated a Buy rating on Apple stock and raised his price target to $325 from $320…

BofA hikes Apple price target to $320 from $270

Wednesday, October 29, 2025 10:02 amNo Comments

Bank of America has raised its price target on Apple (AAPL) to $320 from $270 while maintaining a Buy rating, driven by…

iPhone 17 demand may be up a whopping 20% to 30% over iPhone 16

Monday, September 22, 2025 4:00 pmMonday, September 22, 20251 Comment

Apple has instructed suppliers to boost production of components for the $799 iPhone 17 by some 30%, prioritizing it over the…

BofA reiterates ‘Buy’ rating and $250 price target on Apple stock

Tuesday, August 26, 2025 3:44 pmTuesday, August 26, 20251 Comment

Bank of America Research analyst Wamsi Mohan, in an August 25, 2025, research note, stated, “We expect the main feature to be the launch of…

Bank of America ups Apple price target to $230

Friday, May 3, 2024 5:22 pmSaturday, May 4, 2024No Comments

BofA raised its price target from $225 to $230, saying that the company could be about to see a multiyear iPhone upgrade supercycle…

BofA names Apple a top stock pick for 2024 ahead of key earnings

Monday, April 22, 2024 12:28 pmMonday, April 22, 20241 Comment

Bank of America (BofA) is bullish on Apple, naming it a top stock pick for 2024 ahead of Cupertino’s Q224 earnings report on May 2nd…

BofA: Vision Pro could be a significant new category for Apple

Tuesday, February 6, 2024 3:03 pmTuesday, February 6, 202411 Comments

BofA Securities analyst Wamsi Mohan is upbeat about prospects for the Apple Vision Pro, writing in a note to clients that the company’s…

BofA analyst sees consumers, even Apple customers, pulling back on tech spending

Tuesday, October 4, 2022 9:10 amTuesday, October 4, 20222 Comments

Bank of America Global Research analyst Wamsi Mohan sees consumers, even Apple’s high-end consumers, pulling back on tech spending …

Apple shares swoon on Bank of America downgrade

Thursday, September 29, 2022 3:11 pmThursday, September 29, 20225 Comments

Shares of Apple were down more than 5% on Thursday after Bank of America analysts delivered the stock a rare downgrade…

Apple stock is a Buy ahead of the inflationary iPhone 14 release – BofA

Thursday, September 1, 2022 3:39 pmNo Comments

Ahead of Apple’s September 7th “Far Out” event, optimism on Apple’s pending release of a slew of new products is running high…

BofA: Apple has the potential to trade in the $230s

Friday, August 19, 2022 4:16 pm6 Comments

BofA sees potential for Apple to trade to the $230s, representing potential upside of more than 30%, even after significantly outperforming…

Bank of America trims Apple price target to $185 over foreign exchange headwinds

Tuesday, July 26, 2022 3:26 pm7 Comments

Bank of America has trimmed its price target on Apple shares from $200 to $185, citing foreign exchange headwinds…

Apple could build a $20 billion advertising business by 2026 – analyst

Thursday, July 14, 2022 4:21 pm3 Comments

Bank of America analysts are the latest on Wall Street to suggest the Apple could earn billions from advertising in Maps and Apple TV+ …

BofA: Apple’s lowering of trade-in prices implies ‘strong demand’

Tuesday, July 12, 2022 8:55 am3 Comments

Apple’s lowering of trade-in prices for Macs, iPhones, iPads, and Apple Watches earlier this month, a move that implies strong demand …

Apple’s iPhone supply chain has a brighter outlook than Android’s – analysts

Thursday, June 9, 2022 11:49 amNo Comments

Production of hardware could gradually resume to normal levels in June/July, with a brighter outlook for Apple’s supply chain than Android …

Bank of America sets new $200 price target on Apple shares

Monday, May 23, 2022 5:05 pmMonday, May 23, 20222 Comments

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…

iPhone demand still strong despite reports of iPhone SE production cutback – analyst

Wednesday, March 30, 2022 10:48 amNo Comments

Bank of America says demand for the iPhone is still strong despite reports of Apple cut back production of some models…

Apple has ‘manageable but significant’ exposure to latest China COVID lockdowns – analyst

Tuesday, March 15, 2022 8:55 amTuesday, March 15, 20225 Comments

Apple investors have a new concern: lockdowns in response to rising COVID-19 cases in key manufacturing areas in China could impact…

Analys: Apple is set for a period of high-performance with great product pipeline

Thursday, January 27, 2022 2:14 pm2 Comments

Wamsi Mohan, Bank of America analyst, joined CNBC’s ‘TechCheck’ to preview Apple’s quarterly earnings results, slated for release…

Moody’s lifts Apple’s rating to ultra-elite status

Tuesday, December 28, 2021 11:15 am2 Comments

On December 21st, Moody’s upgraded Apple to its highest “AAA” rating, a debt upgrade that comes on the heels of an equity…

Bank of America raises Apple price target to $210

Tuesday, December 14, 2021 8:34 amNo Comments

Bank of America analyst Wamsi Mohhan has raised his Apple price target to $210, matching JPMorgan Chase’s Monday Apple price target…

Apple tops list of Warren Buffett’s three favorite stocks for 2021

Tuesday, January 26, 2021 8:58 am13 Comments

Warren Buffett’s three favorite stocks for 2021. As of his most recent report, Warren Buffett’s Berkshire Hathaway had $150+ billion…

BofA raises Apple target price to $410 on services growth

Wednesday, July 15, 2020 11:21 am2 Comments

Bank of America analyst Wamsi Mohan raised his price target on Apple shares to $410 from $390 Wednesday, writing in a note to clients that…

Apple is added to BofA’s best ideas list; COVID-19 seen as transitory issue

Monday, March 30, 2020 6:05 pm1 Comment

BofA Global Research analyst Wamsi Mohan reiterated his “Buy” rating with a $300 price target and added AAPL stock to the firm’s best ideas list …

BofA: Apple may delay 5G iPhone launch due to coronavirus

Friday, March 6, 2020 8:42 amNo Comments

Bank of America (BofA), citing an expert on the company’s supply chain, says Apple may delaythe launch of their highly-anticipated 5G iPhone for…

Bank of America, Evercore up Apple price targets

Wednesday, December 11, 2019 11:32 amWednesday, December 11, 20191 Comment

Expecting AAPL to benefit from “5G adoption driving consistent 200mm+ iPhone units” in calendar years 2020-2022…

Apple suppliers Qorvo and Skyworks upgraded by BofA on 5G growth

Monday, December 9, 2019 5:00 pmMonday, December 9, 2019No Comments

Qorvo Inc. and Skyworks Solutions Inc. were both upgraded by two notches at BofA, to buy from underperform, with the firm seeing massive growth…

Analysts: China isn’t targeting Apple in trade war

Thursday, May 30, 2019 3:33 pmThursday, May 30, 20198 Comments

Apple, Inc. has taken a beating in the month of May on concerns a breakdown in U.S. trade relations with China…

Apple sells $5 billion of debt to finance buybacks and dividends

Thursday, September 7, 2017 3:29 pmThursday, September 7, 20174 Comments

Apple Inc. sold bonds again to finance its current round of share buybacks and dividends…

President Trump’s travel ban stirs little outcry beyond Silicon Valley

Monday, January 30, 2017 5:33 pmMonday, January 30, 2017124 Comments

Most U.S. corporate bosses have stayed silent on President Donald Trump’s immigration curbs…

Bank of America starts rolling out Apple Pay to ATMs

Monday, June 20, 2016 11:28 amMonday, June 20, 20169 Comments

It is now possible to get money out from a bank account via Apple Pay, as Bank of America…

Why I keep buying Apple stock

Wednesday, March 9, 2016 1:28 pmWednesday, March 9, 201610 Comments

When I launched my Practical Investing portfolio in 2011, I bought stocks in equal blocks…

Apple Pay coming to ATMs from Bank Of America and Wells Fargo

Thursday, January 28, 2016 9:52 pmThursday, February 4, 20168 Comments

Both Bank Of America and Wells Fargo are working on integrating Apple Pay into their ATMs…

Bank of America boosts Mac, iPhone, and Apple Watch estimates

Wednesday, October 14, 2015 11:39 am1 Comment

Given the first weekend sales and base iPhone unit growth, the iPhone unit estimate has been raised from 72 million to 77 million…

Bank of America launches Apple Watch app, introduces Touch ID sign-in for its iOS banking app

Wednesday, September 16, 2015 9:57 am4 Comments

Bank of America today announced a series of improvements to mobile and online banking, including the launch of an Apple Watch mobile banking app…

Apple shares respond well to downgrades and lowered estimates

Wednesday, August 5, 2015 4:35 pm13 Comments

Apple got hit with another downgrade…

Bank of America downgrades Apple

Wednesday, August 5, 2015 12:00 pmWednesday, August 5, 201524 Comments

Bank of America analysts have downgraded Apple (AAPL) shares to neutral…

Apple joins Obama’s American Business Act on Climate pledge

Monday, July 27, 2015 2:28 pmMonday, July 27, 201594 Comments

Some of the largest companies from across the American economy who are standing with the Obama Administration…

Bank of America correcting glitch that caused 1,000 early Apple Pay transactions to be double charged

Thursday, October 23, 2014 10:56 amThursday, October 23, 201420 Comments

Bank of America has identified and is correcting technical error that did not involve Apple…

Bank of America double charges some Apple Pay customers

Wednesday, October 22, 2014 3:26 pmWednesday, October 22, 201432 Comments

I was among the first people to try out Apple Pay the moment it came available…

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