Citi analysts lower Apple earnings expectations over continuing US-China trade war tensions The ongoing trade tensions between the United States and China has prompted analysts at Citi to cut their forecast for Apple's earnings in the second half of 2019, citing the belief unrest by Chinese consumers will result in lower iPhone demand in the country. Malcolm Owen 7 years ago 0
Citi reduces AAPL target to $200, because 'trade wars are bad for tech stocks' The recent trend of analysts and investment firms cutting their share price targets for Apple has continued, with Citi cutting its expectations for Apple's stock to $200 and suggesting the price could drop further in the future, as low as $125. Malcolm Owen 7 years ago 26
New analyst speculation suggests Apple cash repatriation increases odds of Netflix acquisition Apple could potentially acquire the major video streaming service Netflix, analysts from Citi suggest, highlighting one of a number of ways Apple could use its $252 billion warchest in cash held overseas that it could repatriate to the U.S., following a cut in corporate taxes and changes to tax rules. Malcolm Owen 8 years ago 49
Citi fined $30M for leaking iPhone supply chain data Citi has signed a consent order with the Massachusetts Secretary of State agreeing to pay $30 million after its analysts leaked information on Apple's iPhone supply chain to a number of big clients, including SAC Capital Advisors. Kevin Bostic 12 years ago 15
China's anti-Apple campaign estimated to cost Apple $13 billion in sales China's recent state-sponsored, anti-Apple campaign might not just be empty rhetoric: it could, according to one estimate, cost Apple $13 billion in sales in the country. Kevin Bostic 13 years ago 36
Citi initiates coverage of Apple stock with 'buy' rating, $675 target Citi Research began covering Apple stock on Monday, and kicked things off with a note to investors projecting a $675 target price with a recommendation to buy. Neil Hughes 13 years ago 22
