Apple's 40% margins sustainable through at least June quarter, Huberty says

Apple's most recent 10-Q signals a sustainable expansion of the company's gross margins, room for iPhone growth in the June quarter, and positive data points for Services, JP Morgan's Katy Huberty says.

Mike Peterson 5 years ago 0

Piper Sandler expects Apple growth to continue, margins to expand

Following Apple's strong March quarter results, investment bank Piper Sandler believes Apple is well-positioned to continue seeing strong growth and wider margins throughout 2021.

Mike Peterson 5 years ago 2

JP Morgan ups Apple price target to $165, raises revenue and earnings forecasts

Investment bank JP Morgan has raised its Apple price target to $165 after the Cupertino tech giant broadly beat expectations during the March quarter.

Mike Peterson 5 years ago 0

Apple expects 'strong' growth in June quarter, but greater seasonal decline

Apple said it expects to see strong double-digit growth during the June quarter, but cautions that seasonal decline from the March quarter could be greater than usual.

Mike Peterson 5 years ago 2

Notes of interest from Apple's Q2 2021 earnings report and conference call

Apple posted the financial results from its second fiscal quarter of 2021 on Wednesday, reporting $89.6 billion in revenue for the period, up a massive 54 percent year over year. Following are the notes of interest from both the report and the subsequent analyst conference call, with remarks from Apple CEO Tim Cook and CFO Luca Maestri.

Neil Hughes 5 years ago 4

Apple posts record $89.6B in Q2 revenue on back of across-the-board growth

Apple earned $89.6 billion in revenue for the second fiscal quarter of 2021, a huge Wall Street beat attributed in large part to strong growth in iPhone, wearables and services.

Malcolm Owen 5 years ago 28

What to expect from Apple's Q2 2021 earnings on April 28

Apple will announce its financial results for the second quarter of 2021 on Wednesday, April 28. Here's what to expect from the earnings report and conference call.

Mike Peterson 5 years ago 7

Apple behind Microsoft, Google, Intel, Samsung in reputation survey

Apple came in 46th in a new listing of 100 global companies, behind nearly every other big tech company, in survey results utilizing metrics to determine a company's reputation.

Mike Peterson 5 years ago 14

Apple facing earnings headwind from proposed tax rate changes, analyst says

Investment bank JP Morgan believes that several proposed tax rate changes could "almost completely" reverse the benefits of prior tax reductions for Apple.

Mike Peterson 5 years ago 4

China smartphone data shows solid iPhone 12 demand, but no 'super cycle'

Analysts are weighing in on the latest smartphone shipment data out of China, which suggests solid demand for iPhone models but casts doubt on a "super cycle."

Mike Peterson 5 years ago 10

Apple growth will continue in the double digits in Q1 2021, analyst says

Apple saw remarkable revenue growth during the holiday quarter and throughout the pandemic, and according to one analyst, that growth will continue through the second quarter of 2021.

Mike Peterson 5 years ago 0

iPhone demand weakness just 'noise,' outlook remains strong, analyst says

Investment bank Morgan Stanley calls recent reports of weaker iPhone demand "supply chain noise," and sees the AAPL pullback as a buying opportunity for investors.

Mike Peterson 5 years ago 4

Chinese smartphone market seeing 'disappointing' decline in shipments, analyst says

Smartphone shipments in China are experiencing a worse-than-seasonal decline despite starting 2021 off strong, according to investment bank JP Morgan.

Mike Peterson 5 years ago 2

Recent Apple sell-off a 'golden buying opportunity,' analyst says

Investment bank Wedbush says that the recent Apple stock sell-off creates a "golden buying opportunity" for investors, and predicts that Apple still has a $3 trillion valuation on the horizon.

Mike Peterson 5 years ago 4

Apple shares rebound, company regains $2T market capitalization

As part of a wider tech gain, Apple has again crossed the $2 trillion market capitalization threshold, rebounding just one day after it dipped below that mark for the first time in 2021.

Mike Peterson 5 years ago 1

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