John Ternus’ first major product launch as Apple CEO reinforced the company’s bet on hardware innovation, privacy, and more personalized…
Tag: Wamsi Mohan
Bank of America predicts a bolder Apple under new CEO John Ternus
As Tim Cook prepares to hand the CEO reins to longtime hardware chief John Ternus on September 1st, Bank of America analysts expect…
New CEO John Ternus likely to shake up Apple’s spending strategy
As John Ternus prepares to step in as Apple’s CEO in just two weeks, investors are eyeing a potential shift in the company’s spending…
BofA bullish on Apple: Expects earnings beat on July 30 and reiterates $380 price target
Bank of America expects Apple to surpass Wall Street expectations when it reports fiscal third-quarter results on July 30, marking…
Steve Jobs’ Apple Retail Store chief Ron Johnson: ‘Apple is going to win on AI’
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
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
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…
Aggressive, under-the-radar carrier marketing is powering new iPhone sales
A Bank of America research note highlights a key factor behind Apple’s stronger-than-anticipated iPhone sales this fall: aggressive…
Apple may take a $10 billion hit from Google antitrust ruling, but BofA sees upside
On August 4, BofA Securities analyst Wamsi Mohan noted that Apple could lose half of its estimated $20 billion yearly payment from Google…
BofA Securities reiterates buy rating on Apple stock, sees several potential benefits to mooted Perplexity acquisition
Apple is reportedly in discussions to acquire AI startup Perplexity. Bank of America Securities (BofA) suggests this move could boost…
BofA: Apple stock has ‘significant’ long-term opportunities
Apple stock has been the weakest performer among the Magnificent Seven tech stocks, significantly trailing the S&P 500, which gained…
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…
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…
BofA names Apple a top stock pick for 2024 ahead of key earnings
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…
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: Vision Pro could be a significant new category for Apple
BofA Securities analyst Wamsi Mohan is upbeat about prospects for the Apple Vision Pro, writing in a note to clients that the company’s…
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…
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…
Apple stock will get a boost from stronger iPhone demand – analyst
Wamsi Mohan, an analyst at BofA Global Research, is becoming more optimistic about Apple stock, citing stronger demand for iPhones…
BofA analyst sees consumers, even Apple customers, pulling back on tech spending
Bank of America Global Research analyst Wamsi Mohan sees consumers, even Apple’s high-end consumers, pulling back on tech spending …
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…
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 …
Bank of America: Apple seeing ‘modest’ re-acceleration in App Store, China
Apple’s stock price fell early in Tuesday trading as Bank of Americas’ investment arm said that Apple is seeing a “modest” re-acceleration…
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…
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…
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…
What Wall Street expects from Apple’s Q321 earnings on Tuesday
Apple is set to report its Q321 earnings after the closing bell on Tuesday, and analysts predict record quarterly revenue and continued…
Analyst: Apple’s record-breaking rally is about ‘MOMO’ not ‘FOMO’
Apple shares hit a new all-time intraday high on Tuesday, continuing the rally leading into and following the stock’s 4-for-1 split…
Bank of America ups Apple target to $470, downgrades stock to ‘neutral’
Bank of America Securities analyst Wamsi Mohan has raised his Apple price target to $470 from $420, but downgraded Apple’s stock from “buy” to…
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…
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…
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…
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…
President Trump’s trade deal with China removes major hurdle for rally in Apple and tech
U.S. President Donald Trump’s limited trade deal with China removes a major hurdle for Apple..
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 shares jump after BAML upgrade on supply chain stability
Apple Inc. were indicated higher in pre-market trading Monday after analysts at Bank of America Merrill Lynch…
BofAML ups Apple price target from $230 to $250
Bank of America Merrill Lynch today raised its Apple price target from $230 to $250…
