Morgan Stanley has raised its 2021 and 2022 Apple Services revenue forecast, but has revised its AAPL price target down to $156 to reflect warier investor outlooks surrounding the company's peers.
Goldman Sachs believes that a slowdown in App Store growth and the possibility of an end to Apple TV+ free trials presents "significant downside risk" to Apple's investors looking ahead to 2022.
Investment bank UBS has upgraded AAPL to a "Buy" and raised its price target to $142, based on a stable iPhone backdrop and the possibility of Apple entering the car market.
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 iPhone 12 is enjoying high demand and equally high production levels, and the "iPhone 13" could arrive in October, analysts from Wedbush believe.
Apple chip partner TSMC will issue bonds worth NT$21.1 billion (US$743 million), in a bid to fund efforts to expand its production, allowing it to make more chips like Apple Silicon.
Apple's Mac segment will continue to see higher growth rates driven by tailwinds like the M1 chip and the work from home trend acceleration, says Gene Munster at Loup Ventures.
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.
Smartphone shipments in China are experiencing a worse-than-seasonal decline despite starting 2021 off strong, according to investment bank JP Morgan.
Apple has agreed to allocate a portion of cash to investment adviser Seelaus Asset Management, which will use the investment fees on a one-year rotational job program for women.
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.
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.
Apple's market capitalization closed below the $2 trillion threshold on Monday, after shares dropped more than 4% in intraday trading.
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.
Apple's production of the iPhone 12 generation is continuing strong, a supply chain report from Wedbush claims, with Apple likely to continue enjoying the "supercycle" through to the "iPhone 13."
Berkshire Hathaway's annual letter to shareholders has praised Apple, using the iPhone maker as a demonstration of how share repurchases can be a good thing for investors.
The "Apple Car" may not disrupt the market when it first debuts, but Piper Sandler says it could become a solid hardware revenue source for Apple, possibly generating $50 billion by 2030.
Apple has once again become the highest-selling smartphone producer in the world, with demand for the iPhone 12 range granting it the top spot for the fourth quarter of 2020.
The high popularity and sales of the iPhone 12 will continue throughout 2021, according to analysis by Wedbush, a factor that could give Apple a market capitalization in excess of $3 trillion by the end of the year.
Dialog Semiconductor, a UK-based chip producer who is also a supplier to Apple, is being taken over by Renesas Electronics in a deal valued at $6 billion.
{{ summary }}
Mike Peterson
William Gallagher
Malcolm Owen
Will Shanklin
