China driving stronger year-over-year iPhone 13 demand, analyst says
Investment bank Wedbush believes that iPhone 13 orders are about 20% ahead of the company's previous iPhone 12 lineup, driven in part by strong demand in China.
Investment bank Wedbush believes that iPhone 13 orders are about 20% ahead of the company's previous iPhone 12 lineup, driven in part by strong demand in China.
Apple iPhone sales in China slowed down in August, likely suggesting that many Chinese customers deferred purchasing new handsets in anticipation of the iPhone 13 launch.
Apple's new iPhone 13 Pro models are off to a strong start, with several metrics pointing toward better demand than the company's devices have seen in years, according to Morgan Stanley.
Investment Bank Morgan Stanley is reiterating its forecast of strong, continued iPhone growth in 2022, citing the iPhone 13's delivery of features consumers care most about.
A recent U.S. District Court ruling in the Epic Games v. Apple trial is likely to have only a limited impact on Apple's App Store revenue, even in a worst-case scenario, Morgan Stanley says.
Investment bank JP Morgan expects the iPhone 13 lineup and an upcoming iPhone SE model to drive Apple to another record-breaking fiscal year in 2022.
The cloud directory service JumpCloud has raised $159 million and a $2.56 billion valuation in a new funding round, assisted in part by an expansion of its Mac device management services.
Apple's stock price dipped more than 3% at the end of trading Thursday after a mixed ruling was handed down in the Epic v. Apple court case.
Ahead of Apple's September 14 event, Piper Sandler has raised its Apple price target to $175 on strong demand for the current iPhone 12 lineup offsetting relatively low interest in the "iPhone 13."
A group of Apple shareholders is pressuring the company to exempt harassment and discrimination from employee nondisclosure agreements — and the company is refusing the demands.
Apple stock is on a roll. Shares pushed above $154 during trading and settled on a new all-time high of $153.65 at the bell on Thursday, breaking the previous record set on Monday.
Apple's stock price touched a new intraday high on Wednesday after analyst Jeff Kvaal of Wolfe Research upgraded his rating after nearly a year bearish warnings.
Apple's car strategy will likely focus on vertical integration, with the company having a hand in virtually every aspect of the "Apple Car," Morgan Stanley analysts said.
Apple's stock price has closed at a new record high of $153.12 on Monday, following an intraday trading rally.
After taking over from Steve Jobs, Apple CEO Tim Cook was promised ten award payments over the course of his tenure, with this $750 million being the final one.
Discord is expected to seed a new investment round at around $500 million as a result of $15 billion valuation.
Samsung is preparing to invest 240 trillion won ($205 billion) on its various businesses over the next three years, including enhancing its memory production lines.
Sales of Apple's iPhone remain resilient despite the likely release of the new "iPhone 13" lineup being less than a month away, according to investment bank JP Morgan.
Investment bank JP Morgan has raised its Apple price target to $180 on expectations that the "iPhone 13" and a 5G iPhone SE could be catalysts that drive another record year for the Cupertino company.
Institutional ownership of Apple shares increased in the June quarter, though the percentage is still down year-over-year because of a massive sequential decline earlier in 2021, Morgan Stanley says.
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