iPhone 13 supply largely meets demand, MacBook Pro still constrained
Analysis of Apple delivery estimates suggests that iPhone supply has largely met demand, while there are continued constraints for the MacBook Pro, according to Goldman Sachs.
Analysis of Apple delivery estimates suggests that iPhone supply has largely met demand, while there are continued constraints for the MacBook Pro, according to Goldman Sachs.
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.
Investment bank Goldman Sachs expects Apple to report a strong June quarter and guide well for Q4, driven largely by solid Q3 U.S. iPhone shipments and September quarter build estimates.
Amid a dip in the Chinese smartphone market, Goldman Sachs says that current iPhone shipments in China are 12% lower than the iPhone X series, bucking talk of a super cycle.
After a year of sub-$100 predictions for Apple stock, Goldman Sachs' Rod Hall has upped his 12-month price target to $130 from $83 after Apple posted another profound earnings beat for the second quarter.
Analysts are weighing in on the latest smartphone shipment data out of China, which suggests solid demand for iPhone models but casts doubt on a "super cycle."
Goldman Sachs believes that a slowdown in App Store growth and the possibility of an end to Apple TV+ free trials presents "significant downside risk" to Apple's investors looking ahead to 2022.
Goldman Sachs believes that an "Apple Car" makes sense as a services-supporting hardware platform, but notes that the high costs of releasing a car could mean a limited impact for investors.
Apple Mac revenues rose 50% year-over-year in the third quarter of 2020 as global PC unit shipments increased 18%, driven largely by continued work-from-home and remote learning trends.
Apple iPhone shipments in China are up in November, but remain flat year-over-year for the quarter, according to research by Goldman Sachs.
Goldman Sachs is taking a more cautious view of iPhone revenue in 2021, citing a downward trending average selling price despite "solid" iPhone 12 unit demand so far.
Veering on the side of caution, investment bank Goldman Sachs said Friday it's cutting its rating and price target on shares of Apple amid mounting uncertainty over the impact of COVID-19 on near-term consumer spending on items such as iPhones.
Following Goldman Sachs predictions claiming that Apple TV+ trials would be reported financially in such a manner that investors would complain and bail out of the stock, Apple has said that it will have no impact on results at all.
After only restarting coverage on Apple stock in early 2018, Goldman Sachs has cut its stock price forecast dramatically, because of perceived lack of demand for the iPhone XR, and lack of enthusiasm for Apple products in China.
Despite other data sources to the contrary, Goldman Sachs' Rod Hall is afraid of a slowdown in the Chinese iPhone market that may dramatically impact Apple's quarterly earnings, and future prospects in the region.
Investment firm Goldman Sachs initiated coverage of the investment world's largest company, Apple, this week, and set things off with a pessimistic tone, projecting the stock price will stay relatively flat over the next year.
Apple's forecast for its next fiscal quarter was particularly strong, leading market watchers to believe that, in addition to the next-gen "iPhone 7s," the much anticipated "iPhone 8" could be on sale at the tail end of the September quarter in limited quantities, or at the very least in early October.
After the close of business on Tuesday, Apple will report the results for what is seasonally its slowest quarter of the year, with Apple and industry watchers predicting around $44 billion in revenue. But all eyes are on Apple's guidance for the fourth fiscal quarter, to see how confident the company is about the "iPhone 8" launch.
A high-profile Apple stock analyst has suggested virtually all of Apple's upcoming hardware pipeline could at least be previewed at WWDC, including the "iPhone 8" and an Apple TV with 4K. Needless to say, that's highly unlikely.
In the terms of their new patent dispute resolution, Nokia revealed it will be providing network infrastructure products to Apple — a partnership that one Wall Street analysts could see Nokia significantly grow its IP router business by supplying Apple's datacenters.
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