Wedbush bumps AAPL price target to $375 ahead of potential iPhone 'super cycle'
A mix of rock-solid services performance and an expected "iPhone 12" super-cycle have led Wedbush analysts to raise the bank's Apple price target to $375.
A mix of rock-solid services performance and an expected "iPhone 12" super-cycle have led Wedbush analysts to raise the bank's Apple price target to $375.
A radical refresh to the iPad Pro with 5G and mini LED may not arrive until 2021, if a new rumor is accurate.
Verizon on Wednesday said that it has enabled 5G uploads in all of its current 5G markets in the U.S., though coverage in those areas might be limited.
A National Advertising Review Board panel has encouraged AT&T to stop using its "misleading" 5G Evolution branding.
Apple's sales of iPhones in the first calendar quarter of 2020 were down by only 1% in a China market that contracted by 22% year-over-year, as buyers rapidly shifted to online orders and enthusiastically bought iPhone 11 models.
AT&T has expanded its low-band 5G service to 90 new markets across the U.S., nearly doubling the high-speed network's footprint, the company said on Wednesday.
A refresh of the iPad Pro lineup slated for the end of 2020 may not arrive until well into 2021, a report claims, with COVID-19 affecting the supply chain sufficiently to delay the launch of a 5G-equipped model into the next year.
Details from the supply chain claim that at least the major 5G component manufacturers are ready to fulfill orders for a regular September launch, but are waiting to hear from Apple.
A new report claims to have details on Apple's revamped hardware lineup, from AirTags, and the "iPhone 12," to a new, smaller, and cheaper HomePod.
A mysterious startup called Humane continues to hire ex-Apple staffers, with its most recent hire being 15-year Apple veteran Ruben Caballero.
Apple iPhone users looking to make the switch to 5G can now pre-order Samsung Galaxy S20 devices with aggressive iPhone trade-in values and even free gift offers.
Qualcomm has launched the Snapdragon X60 5G Modem, a third-generation system for 5G connectivity in smartphones, but one that Apple is more likely to be using for its 2021 iPhone releases rather than 2020's "iPhone 12" models.
While industry observers are clearly seeing a short-term financial and business impact from the coronavirus outbreak in China, the first analysts chiming in on the situation don't have long-term concerns surrounding Apple's financial prospects.
Reports have emerged in the last 24 hours with contradictory sources all claiming to have the inside track on the details surrounding the antenna technology expected in the 5G "iPhone 12" — with one claiming that Apple will do most of the work itself.
Apple's iPhone 11 Pro and the Samsung Galaxy S20 are the lower-end gateways into super-premium smartphones, and the long-time competitors are pushing for bigger specs than ever to win over customers.
The spread of 5G into mainstream usage will help create a surge of smartphone sales but the hype behind 5G will only be a temporary lift for sales of devices like Apple's 2020 iPhone refresh, with the market expected to contract in 2022.
Morgan Stanley has raised its price target on shares of Apple, voicing its view that investors are under-appreciating the impact this year's 5G-enabled iPhone release is expected to have on the company's bottom line, especially given the roll-out is expected to coincide with a multi-year peak in the number of iPhones due for replacement.
Component manufacturer Advanced Semiconductor Engineering (ASE) is reported to have become one of Apple's suppliers for the antennas needed on the mmWave 5G "iPhone 12" and for the iPad Pro too.
Ming-Chi Kuo has released a note to investors suggesting that the 2020 5G "iPhone 12" will support the entire 5G spectrum, including mmWave, despite what other analysts have said.
A financial analyst claims that Apple will divide its 5G launches into one for the slower sub-6GHz "iPhone 12" in September, and one for the faster mmWave models in December or January 2021.
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