Wedbush raises AAPL to $185, predicts $3T market cap by early 2022
Wedbush has raised its AAPL price target to $185 after Apple reported "drop the mic" March quarter earning results that the bank says backs up its iPhone 12 "supercycle" thesis.
Wedbush has raised its AAPL price target to $185 after Apple reported "drop the mic" March quarter earning results that the bank says backs up its iPhone 12 "supercycle" thesis.
Apple's Q2 2021 results were record-breaking for the company, beating Wall Street predictions on the back of strong growth in iPhone, iPad, and Mac.
Investment bank JP Morgan has raised its Apple price target to $165 after the Cupertino tech giant broadly beat expectations during the March quarter.
Cowen and Company has raised its Apple stock price target to $180 and has revised its Apple estimates upwards across the board after the company's Q2 2021 earnings beat.
Morgan Stanley has raised its AAPL price target to $161 from $158 after Apple reported better-than-expected and record-setting earnings for its second quarter.
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.
Tim Cook believes that many companies will continue to employ workers remotely even after coronavirus numbers decrease.
Following the release of Apple's record second quarter numbers, the company revealed its services segment has grown to 660 million paid subscriptions.
Apple said it expects to see strong double-digit growth during the June quarter, but cautions that seasonal decline from the March quarter could be greater than usual.
Apple posted the financial results from its second fiscal quarter of 2021 on Wednesday, reporting $89.6 billion in revenue for the period, up a massive 54 percent year over year. Following are the notes of interest from both the report and the subsequent analyst conference call, with remarks from Apple CEO Tim Cook and CFO Luca Maestri.
Apple earned $89.6 billion in revenue for the second fiscal quarter of 2021, a huge Wall Street beat attributed in large part to strong growth in iPhone, wearables and services.
Apple will announce its financial results for the second quarter of 2021 on Wednesday, April 28. Here's what to expect from the earnings report and conference call.
Apple on Tuesday released new iPad Pro and iMac devices powered by the M1 chip, along with AirTag, a refreshed Apple TV 4K, a new podcasting service, and a purple iPhone 12. Here's what analysts thought about the Apple event.
Apple in the coming months may reveal new details or information "laying the groundwork" for the rumored "Apple Car," according to one analyst.
Investment bank Wedbush is expecting the "Spring Loaded" Apple Event to focus on iPad models but says that "a few surprises" could also be in the works.
JP Morgan believes investors are primed for softer AAPL earnings results in Q1 2021, but believes that Mac and Services could still drive upside.
Investment bank JP Morgan believes that several proposed tax rate changes could "almost completely" reverse the benefits of prior tax reductions for Apple.
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."
Microsoft has acquired speech recognition systems company Nuance in an all-cash deal valued at $19.7 billion, giving it control over the firm that helped Apple process Siri queries.
Apple saw remarkable revenue growth during the holiday quarter and throughout the pandemic, and according to one analyst, that growth will continue through the second quarter of 2021.
{{ summary }}