App Store is still growing, but not as much as expected says Katy Huberty

A slowdown in App Store growth in the month of May could pose a risk to Apple's Services revenue in the June quarter, according to investment bank Morgan Stanley.

Mike Peterson 4 years ago 4

App Store performance in April a promising sign of future growth, analyst says

Apple's App Store revenue saw a jump in the month of April, and investment bank Morgan Stanley says it's starting to see "green shoots" emerging for the important product segment.

Mike Peterson 4 years ago 0

Morgan Stanley lowers Apple price target to $195 on Covid disruptions

Katy Huberty of Morgan Stanley has lowered her Apple price target to $195 from $210 because of tough economic conditions in the June quarter, but says Apple still remains a top pick for 2022.

Mike Peterson 4 years ago 10

Morgan Stanley bumps Apple price target to $210 on record-breaking Q1 2022

Investment bank Morgan Stanley has raised its Apple price target to $210 after the iPhone maker reported Q1 2022 earnings that broke records and beat Wall Street's predictions.

Mike Peterson 4 years ago 5

Apple poised to break holiday quarter financial records despite challenges, Katy Huberty says

Morgan Stanley's Katy Huberty expects Apple to break holiday quarter earnings and edge out Wall Street's expectations for the quarter thanks to iPhone production improvements and Services performance.

Mike Peterson 4 years ago 0

Morgan Stanley hikes Apple stock target price to $200 on 'Apple Car' and AR

Investment bank Morgan Stanley has raised its Apple price target to $200, driven by what is expected from the company relatively soon, as well as short-term drivers like the App Store and iPhone supply.

Mike Peterson 4 years ago 5

Apple regulatory filing highlights App Store risks, hints at iPhone 13 demand

Apple's latest 10-K form acknowledges some additional App Store risks, and also indicates that advertising is now the strongest revenue driver for the company's Services business.

Mike Peterson 4 years ago 1

Apple to beat Q4 2021 consensus, supply issues 'overblown,' analyst says

Apple is likely to outperform expectations when it reports earnings for its fourth quarter of 2021, but the actual call with investors is unlikely to be a catalyst, Morgan Stanley says.

Mike Peterson 4 years ago 3

Analysts shrug off reports of Apple iPhone 13 production cuts, issues

A report Tuesday indicated that Apple could cut iPhone 13 production by as much as 10 million units because of supply problems. Analysts don't believe that it'll affect Apple much.

Mike Peterson 4 years ago 3

App Store sees strongest growth in months in September

Apple's App Store saw its fastest growth rate in months in September, outperforming investment bank Morgan Stanley's net revenue forecasts and implying a strong Services result for the company's fourth quarter.

Mike Peterson 4 years ago 0

Apple seeing 'promising' early demand for iPhone 13 Pro

Apple's new iPhone 13 Pro models are off to a strong start, with several metrics pointing toward better demand than the company's devices have seen in years, according to Morgan Stanley.

Mike Peterson 4 years ago 0

iPhone 13 focuses on features consumers care most about, analyst says

Investment Bank Morgan Stanley is reiterating its forecast of strong, continued iPhone growth in 2022, citing the iPhone 13's delivery of features consumers care most about.

Mike Peterson 4 years ago 5

Worst case App Store scenario only translates to 2% revenue hit, analyst says

A recent U.S. District Court ruling in the Epic Games v. Apple trial is likely to have only a limited impact on Apple's App Store revenue, even in a worst-case scenario, Morgan Stanley says.

Mike Peterson 4 years ago 5

App Store changes & investigations won't do much to Apple's finances

Recent App Store changes and investigations into the Apple app marketplace will only have a "minimal financial impact" on the company, investment bank Morgan Stanley said.

Mike Peterson 4 years ago 0

Apple will have a hand in every detail of the 'Apple Car,' analysts say

Apple's car strategy will likely focus on vertical integration, with the company having a hand in virtually every aspect of the "Apple Car," Morgan Stanley analysts said.

Mike Peterson 4 years ago 39

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