JP Morgan hikes Apple stock target to $325 after record-breaking earnings

Less than a week after its last rise, JP Morgan now says Apple's target price is $325, specifically because of the latest earnings and Apple's guidance for the next two quarters.

William Gallagher 4 months ago 0

Apple's earnings won't be dented by RAM price rises yet, says Evercore

Investment firm Evercore is predicting better than expected results from Apple's forthcoming earnings call, chiefly on continued iPhone demand and Apple's ability to withstand component price rises.

William Gallagher 4 months ago 4

Apple Music must emulate Spotify or die, says nonsensical report

There's a recurring theme from industry watchers, repeated on Friday, that Apple Music is doomed, if Apple doesn't copy Spotify's business model. The core premise is nonsense, and the reasoning for it is ridiculous.

William Gallagher and Mike Wuerthele 6 months ago 23

Apple Maps paid search ads under consideration in monetization push

Apple is once again considering adding advertising to Apple Maps, a move that could help bump up its growing Services revenue even more.

Malcolm Owen 1 year ago 23

New Year update to Apple Fitness+ adds Strava integration

In its now annual launch of new features, Apple Fitness+ has highlighted its collaboration with fitness app Strava, as well as adding strength, yoga, pickelball, and breath meditation sessions.

William Gallagher 1 year ago 1

iPhone 16 will lead Apple to record high $400 billion revenues in 2024

Apple is now expected to exceed $400 billion in annual revenue in 2024, with this record high driven by all of its hardware such as the iPhone, plus another record high for Services.

William Gallagher 1 year ago 2

iCloud storage leads the pack across Apple's entire services ecosystem

With hardware sales slowing, Apple shifted to expanding its digital services offerings to generate billions each quarter. One service stands out as the clear leader.

Andrew Orr 1 year ago 14

Apple financial partner Green Dot slapped with millions in fines over hidden fees

Green Dot Bank, an Apple financial partner for Apple Cash and other services, has been fined $44 million by the Federal Reserve over its tax-preparation service. The penalty is unrelated to its role in any Apple services.

Charles Martin 1 year ago 7

Eddy Cue: 'After 36 years at Apple, I'm still learning every day'

In a new interview Eddy Cue has spilled the beans on what his daily use hardware is, what Apple execs actually do, and like the most.

Charles Martin 1 year ago 4

Apple Intelligence & iPhone mirroring aren't coming to EU because of the DMA

Apple isn't releasing Apple Intelligence and other major operating system changes in the EU, because of Digital Markets Act interoperability mandates.

Malcolm Owen 1 year ago 123

Wedbush raises 'resilient' Apple stock price target to $250

Wedbush continues to be impressed by Apple, raising its price target for the iPhone maker from $240 to $250, a second rise in a three-month period.

Malcolm Owen 2 years ago 1

Tim Cook highlights all-time record for Apple Services & quarterly best iPhone sales

In Apple's latest earnings report, CEO Tim Cook says that Services had their best revenues ever, and that iPhone revenues hit a quarterly record.

William Gallagher 2 years ago 6

Apple finally reaches one billion paid subscriptions milestone

On Thursday, Apple announced its fiscal third-quarter earnings and in a surprise announcement has declared that it has hit the milestone one billion paid subscriptions landmark across Services and the App Store.

Evan Selleck 2 years ago 5

Wedbush raises Apple stock target to $220 after Vision Pro launch

Analysts at investment firm Wedbush have raised their Apple target price by $15, based on predictions of success for the Vision Pro headset, iPhone 15 range, and Apple services.

William Gallagher 2 years ago 6

Apple inching closer to one billion paid subscriptions

Apple CEO Tim Cook gave encouraging results for its Services business, saying the company is nearing one billion paid subscriptions, nearly double from three years ago.

Andrew Orr 3 years ago 4

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