Cowen forecasts 'soft' iPhone impacting Apple's Q1 2023 financials

Apple's holiday quarter results will be lower than 2021, according to Cowen, with "softness" expected due to iPhone shipments impacted by Chinese lockdowns.

Malcolm Owen 3 years ago 0

iPhone, Mac driving June quarter results in-line with Wall Street forecasts

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.

Mike Peterson 3 years ago 0

Cowen expects solid Apple March quarter results, but is cautious on Q3

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.

Mike Peterson 4 years ago 0

No immediate risks to App Store despite lower ad spending, analyst says

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.

Mike Peterson 4 years ago 2

iPhone builds increasing through 2021 while Android forecasts remain flat

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.

Mike Peterson 4 years ago 0

Cowen raises AAPL price target to $180, says growth will continue into 2022

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.

Mike Peterson 5 years ago 0

Apple News could reach 19M subscribers, $2.2B in revenue by 2023, analyst says

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.

Mike Peterson 5 years ago 13

Apple's 2021 iPhone build orders higher than they've been in years

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.

Malcolm Owen 5 years ago 6

Apple's $111.4 billion quarter - which analysts were right and which were wrong

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.

Malcolm Owen 5 years ago 10

Cowen upgrades iPhone 12 build forecasts over continuing high demand

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.

Malcolm Owen 5 years ago 2

Apple has the means to disrupt the electric vehicle space, analyst says

Apple's portfolio of existing technologies could make its "Apple Car" a formidable competitor in the electric vehicle market, investment bank Cowen says.

Mike Peterson 5 years ago 16

Apple's iPhone 12 shipments set for 38% annual growth in Q1 2021

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%.

Malcolm Owen 5 years ago 1

iPhone 12 Pro Max, iPhone 12 mini driving stronger demand in December quarter

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.

Mike Peterson 5 years ago 2

iPhone 12 will drive blockbuster holiday quarter for Apple, says Cowen

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.

Mike Peterson 5 years ago 3

Here's what analysts thought about Apple's iPhone 12, HomePod mini launch

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.

Mike Peterson 5 years ago 0

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