On August 4, BofA Securities analyst Wamsi Mohan noted that Apple could lose half of its estimated $20 billion yearly payment from Google…
Tag: BofA Securities
BofA ups Apple target to $265, sees minimal tariff impact on earnings
On Monday, BofA Securities reaffirmed its “Buy” recommendation for Apple stock, increasing its price target from $253 to $265…
Apple Intelligence can bring in billions of revenue with a ‘smarter Siri’
Apple Intelligence hasn’t hit the market yet, but when it finally does, the company could make a lot of money with a “smarter Siri,” an…
BofA: Apple’s iPhone 16 to kick off software-driven upgrade cycle
BofA Securities analyst Wamsi Mohan on Thursday reiterated a “Buy” rating and $256 price target on Apple shares as he expects iPhone 16 to…
Apple’s Q3 beats expectations, the ‘best is yet to come,’ BofA says
Apple posted a “modest beat” for fiscal Q324 revenue and earnings, supported by strength across most divisions, and projected Q4 gains…
Apple stock has more upside – BofA Securities
Apple stock got a new price target that’s 18% higher than Wall Street’s consensus on Thursday, but increased sentiment that…
Analyst: Buy Apple stock; AI-powered iPhones will be a ‘once in a decade’ event
Buy Apple stock because AI-powered – generative AI, to be specific – iPhones will drive shares a “once in a decade” event, BofA Securities…
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…
BofA analyst: Apple’s WWDC 2023 could be a ‘game-changing’ event
Apple is expected to debut a mixed-reality headset at WWDC 2023 on June 5th, and while initial sales are expected to be limited, a BofA…
Good news for Apple: Percentage planned iPhone upgrades this year is increasing
A new survey suggests that a growing percentage of consumers in the U.S., U.K., China, and India plan to upgrade their iPhones in the year…
BofA Securities sees another 25% upside in Apple stock
Apple stock has pulled back from its highs back in January and, of late, the stock appears to be in a holding pattern. BofA Securities …
BofA Securities: 10 reasons to buy Apple stock
BofA Securities analyst Wamsi Mohan in a new note to clients lists 10 reasons to buy Apple stock, after the company steamrolled the Street by posting…
Apple price target raised by both RBC Capital and BofA Securities
Apple’s share price surge has sent the stock to new highs, up some 90% since the end of 2018 and 50% over the past six months…
Why Apple is borrowing $7 billion while sitting on a $200+ billion cash pile
Apple on Wednesday filed a prospectus for the issuance of debt, totaling around $7 billion, with maturities ranging from 2022 to 2049…
Apple files prospectus to offer more debt, with maturities of 3 years to 30 years
Apple Inc. has filed Wednesday a prospectus for the issuance of debt, with maturities ranging from 2022 to 2049…
