Latest Apple One News

App Store revenue still stable, with Chinese gaming revenue remaining a highlight

The App Store is continuing to be a stable source of Services revenue for Apple, Morgan Stanley analysts claim, with revenue from the digital storefront up 15 percent year-on-year on the back of Chinese gaming revenue, but entertainment-related apps are apparently worth monitoring for a potential downturn.

Malcolm Owen 7 years ago 3

Apple services chief Peter Stern described as well-liked, but not interested in solving media industry woes

Apple vice president Peter Stern, who is in charge of rounding up partners for products like Apple News+ and Apple TV+, is reportedly well liked and — much to the chagrin of media executives — operates in the best interests of Apple, not publishers.

Mikey Campbell 7 years ago 20

AAPL now 'strong buy,' will climb back to $225 in 2019, says Needham

Apple's ecosystem is an attractive proposition for investors, Needham analysts claim as the firm upgraded the iPhone maker's stock from a "buy" to a "strong buy" rating, advising it anticipates good results for Apple's Services, Apple Watch, AirPods, and other areas in the future.

Malcolm Owen 7 years ago 23

Elizabeth Warren confirms Apple is on her big tech breakup list

Speaking at SXSW, presidential candidate and Senator Elizabeth Warren explicitly called out Apple's App Store as one example of what would need to be split away from the company to comply with her big tech breakup plan, if Apple wanted to continue to distribute its own apps and services.

Mike Wuerthele 7 years ago 172

Apple needs blockbuster acquisitions in gaming & video streaming to thrive, claims J.P. Morgan

To boost Services revenue, Apple should use its cash hoard to try to buy video streaming giant Netflix or video game publisher Activision despite neither being for sale, says analysts with J.P. Morgan.

Malcolm Owen 7 years ago 36

Apple will return to $1 trillion valuation with video & services bundle, says Morgan Stanley

Morgan Stanley's Katy Huberty suspects that a comprehensive media bundle including Apple's video offering and a rumored News subscription service will continue to drive Services forward, and return the company to a $1 trillion valuation.

Malcolm Owen 7 years ago 5

Notes of interest from Apple's Q4 2018 earnings report and conference call

Following the publication of its first fiscal quarter of 2019 results, encompassing the holiday season, Apple provided additional detail surrounding the decline of sales in China, as well as more information about the Services business in an earnings conference call.

Mike Wuerthele 7 years ago 29

Jeffries cuts Apple stock target to $225, remains hopeful about Services success

Another Wall Street firm has reduced its target for Apple's stock price, with Jeffries continuing a downward trend displayed by analysts in the last few weeks, but at the same time continues to support the idea that the Services arm will become a more important part of the company's finances in the future.

Malcolm Owen 7 years ago 7

Macquarie slashes Apple stock target price from $222 to $188 over weakness in Services

The continuing growth of Apple's Services arm won't last forever, warns Macquarie Research, advising investors of the possibility that revenue growth for that aspect of Apple's business could dip in 2019 for a variety of reasons.

Malcolm Owen 7 years ago 21

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