Apple's iPhone 15 launch held few surprises, according to multiple analysts, yet because of pricing and selected new features, it is enough to prompt upgraders to buy.
TD Cowen has increased its price target for Apple to $220, with iPhone shipments to emerging markets a "bright spot" in the upcoming Q3 2023 financial results.
Apple is predicted to have a drop in revenue year-over-year for Q2 2023, according to TD Cowen, with results forecast to show declines in iPhone, iPad, and Mac for the quarter.
Apple's earnings declined slightly year-over-year in a rare miss, and in the wake of the announcement, stock analysts are talking about why the company is just as strong as ever.
Apple's holiday quarter results will be lower than 2021, according to Cowen, with "softness" expected due to iPhone shipments impacted by Chinese lockdowns.
Apple is likely to report a June quarter that lines up with current Wall Street predictions despite macro challenges, thanks to healthy iPhone and Mac demand, investment bank Cowen says.
Apple is expected to report stable March quarter results that are in line with Wall Street consensus thanks to improving supply conditions, according to investment bank Cowen.
Investment bank Cowen has raised its price target to $200, from $180, following Apple's record-shattering December quarter earnings results.
App Store privacy changes are driving advertising money elsewhere, but investment bank Cowen believes that the trend doesn't have any immediate risks and may only have a modest impact on Services growth.
Data from the supply chain indicates that iPhone build numbers will increase through the end of 2021, while Android builds are likely to not increase at all, according to Cowen.
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.
Investment bank Cowen believes Apple News+ is a key pillar in growing Apple Services, and forecasts that it could reach 19 million paid subscribers by 2023.
Apple's success with the iPhone 12 and iPhone 12 Pro is continuing to exceed analyst expectations, with orders climbing by over 50% year-over-year.
In the wake of Apple's stellar holiday quarter results, analysts have been quick to respond to the $111.4 billion in revenue and other data points Apple raised in its financials. Here's what the analysts think of the results — as well as how far out they were in their predictions.
High demand for the iPhone 12 has prompted Apple to increase its build orders for the March quarter, Cowen analysts claim, with sales in China said to be a highlight of the quarter's finances.
Apple's portfolio of existing technologies could make its "Apple Car" a formidable competitor in the electric vehicle market, investment bank Cowen says.
Apple is seeing high demand for its iPhone 12 lineup and has increased its orders with assembly partners for Q1 2021, Cowen analysts claim, with the shipment count expected to grow year-on-year by 38%.
Investment bank Cowen is tracking even stronger demand for the iPhone 12 lineup and predicts Apple could have a blockbuster holiday quarter with nearly 80 million iPhones produced.
Cowen expects Apple to report September quarter earnings in line with Wall Street consensus, but adds that the iPhone 12 and holiday seasonality could bolster the following quarter.
Apple at its Tuesday "Hi, Speed" event unveiled its new lineup of iPhone 12 and iPhone 12 Pro devices alongside a HomePod mini and other ecosystem announcements. Here's what analysts thought about the keynote.
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William Gallagher
Malcolm Owen
Wesley Hilliard
Mike Peterson
