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.
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.
Wedbush has raised its AAPL price target to $185 after Apple reported "drop the mic" March quarter earning results that the bank says backs up its iPhone 12 "supercycle" thesis.
Apple's Q2 2021 results were record-breaking for the company, beating Wall Street predictions on the back of strong growth in iPhone, iPad, and Mac.
Investment bank JP Morgan has raised its Apple price target to $165 after the Cupertino tech giant broadly beat expectations during the March quarter.
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.
After a year of sub-$100 predictions for Apple stock, Goldman Sachs' Rod Hall has upped his 12-month price target to $130 from $83 after Apple posted another profound earnings beat for the second quarter.
Apple's gross margin for Q2 2021 was 42.5%, achieved in large part through a strong iPhone sales mix.
Apple CEO Tim Cook said Wednesday that iPad and Mac products could be affected by supply issues in the second half of 2021.
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.
Apple's earnings for Greater China in Q2 2021 were up 87.5% from this time last year, to $17.7 billion.
Apple's Wearables, Home, and Accessories momentum appears to be slowing down, with the company reporting 24.7% growth in the segment during its second quarter of 2021.
Contributing to that gain, controversial iPhone assembly company Wistron has reported shipping 5.4 million notebooks in the first quarter of 2021, a rise of over 50%.
Apple has announced that its quarterly earnings call for the second fiscal quarter of 2021 will be held on April 28. Tim Cook and chief financial officer Luca Maestri are expected to detail the company's health.
Apple's Q1 2021 results were the highest ever for the Cupertino giant, with a later iPhone release schedule and many other factors supersizing typically huge results. Here's a breakdown of the key figures Apple disclosed about its holiday quarter fortunes.
Apple releases a record-breaking earnings report, iOS 14.4 launches with updates to HomePod mini, tips for creating Wi-Fi network QR codes and we highlight the new document creation app, Craft.
AppleInsider breaks down every record Apple smashed in its gargantuan fiscal quarter ending in December 2020.
Apple says that more people upgraded their iPhone during the first fiscal period of 2021 than in any previous quarter, with sales leaning toward "Pro" models.
Apple saw revenue from its iPad line grow 41% in the 2021 holiday quarter, with the tablet bringing in $8.4 billion.
The first fiscal of 2021 marks the first time in nine quarters that Apple's Services segment increased revenue by more than 20 percent.
On January 27, Apple will disclose the results of its critical first fiscal quarter for 2021, that spans the 2020 holiday season. Here's what factors impact this quarter, which is expected to be a record-breaking one.
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