Bank of America Global Research analyst Wamsi Mohan sees consumers, even Apple’s high-end consumers, pulling back on tech spending …
Tag: Bank of America
Apple shares swoon on Bank of America downgrade
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
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
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
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
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’
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Apple got hit with another downgrade…
Bank of America downgrades Apple
Bank of America analysts have downgraded Apple (AAPL) shares to neutral…
Apple joins Obama’s American Business Act on Climate pledge
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
Bank of America has identified and is correcting technical error that did not involve Apple…
Bank of America double charges some Apple Pay customers
I was among the first people to try out Apple Pay the moment it came available…
9 things to expect from Apple’s ‘iWatch’
We’re now just days away from finding out what Apple’s actually been working on…
JP Morgan: Apple has multiple routes to mobile payments, significant lock-in benefit
Into the fray over Apple’s potential entrance into electronic payments…
Payment industry says Apple’s iWallet is great news
Apple next week will put momentum into the mobile payments industry…
Apple’s next-gen iPhone could finally kill the credit card
It’s Apple, not the credit card companies, that have the control…
Apple negotiates deep payments discounts from big banks
Apple reportedly has reached deals to lower its card transaction fees…
Bono and Jony Ive hit Cannes as Bono gets inaugural Cannes LionHeart Award for pioneering (RED)
The organizers of the 61st Cannes Lions International Festival of Creativity…
Goldman Sachs earned $38.3 million on Apple debt deal
Goldman Sachs Group Inc. got $38.3 million and Deutsche Bank AG $9.3 million…
Bank of America tests technology to pay with iPhones
Bank of America Corp is testing a technology that allows a customer to pay…
Apple, Microsoft, others: Tax increases should be extended only with ‘structural reforms’ to state budgets
In California, the Silicon Valley Leadership Group, whose members include Apple…
