iPhone 11 accounted for over a third of iPhone sales in the quarter
The iPhone 11 still leads the U.S. iPhone sales market, with that one model accounting for over a third of the total units sold at the start of 2020 according to CIRP.
Investor
Amber Neely
Goldman Sachs sees iPhone sales tanking 36%, says sell AAPL shares
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.
Mike Wuerthele
Piper Sandler ups AAPL to $300 as teen iPhone ownership hits new high
Fresh results from Piper Sandler's latest teen survey are in and they indicate Apple's mindshare among smartphone-wielding teenagers has never been higher, prompting the firm to boost its price target on shares of the iPhone maker.
Mike Peterson
JP Morgan trims AAPL to $335 due to ongoing store closures, weakened demand
Investment firm JP Morgan has trimmed its AAPL price target to $335 due to the expected fallout from social distancing and store closures having a larger than the previously-predicted impact on Apple's bottom line.
Apple to reveal fiscal Q2 earnings on April 30
Apple on Tuesday announced plans to reveal quarterly earnings for the company's second fiscal quarter of 2020 on April 30, with CEO Tim Cook and CFO Luca Maestri expected to join analysts on a conference call after markets close.
Mikey Campbell
Morgan Stanley trims AAPL target to $298 as hopes for sharp consumer recovery dampen
Morgan Stanley said Friday it is reducing expectations for Apple through fiscal 2021 to better align with the bank's macro view that GDP growth will take a greater hit than previously expected, due largely to a prolonged consumer recovery.
5G 'iPhone 12' on track for fall launch, says Foxconn
Foxconn has told investors that the upcoming "iPhone 12" will be ready for its rumored fall release date in a private call it held with Goldman Sachs.
Wedbush bullish on AAPL long-term, COVID-19 only a temporary speed bump
Despite ongoing concerns about temporary coronavirus effects on Apple's supply and demand, Wedbush analyst Daniel Ives is maintaining a positive outlook on the company's performance in 2020.
TSMC A14 chip won't be holdup for 5G 'iPhone 12'
Following overnight supply chain reports suggesting that the A14 chip will see massive delays, J.P. Morgan's Gokul Hariharan casts serious doubt on the questionable report, but sees other factors potentially holding up the "iPhone 12" for up to two months.
Malcolm Owen
