Deutsche Bank has raised its Apple share price target to $400, citing a forecast of continued upside for investors despite "uneasiness" about the stock's sustained rise.
Apple shares now comprise 43% of Warren Buffett's portfolio with Berkshire Hathaway owning $91.3 billion worth of AAPL, according to the holding company's latest shareholder letter.
Investment bank Wedbush is predicting that the "iPhone 12" will launch at about the same time that the iPhone X did, and despite coronavirus challenges, 5G will induce a super-cycle for Apple in 2020 and 2021.
Shipments of smartphones in China, including both international and domestic brands, appear to be moderating after two months of rebounding from earlier coronavirus impacts.
Apple TV+ isn't booming quite yet, but investment bank JP Morgan is telling investors not to write off the service just yet, estimating that it will hit 100 million subscribers in five years.
Investment bank Morgan Stanley has raised its Apple price target to $340, citing strong App Store performance and a broader upside to Services.
With a current valuation of $1.4 trillion and climbing, analyst Amit Daryanani thinks the world's most valuable company could be the first to hit $2 trillion.
Investment bank JP Morgan has raised its Apple stock price target on the potential for an on-time 'iPhone 12' launch and the iPhone SE's opportunity to drive growth in India.
The smartphone industry is recovering from COVID-19 production slumps, although Cowen analysts suggest smartphone demand is still uncertain and Apple's flagship iPhones could launch a month or two later than usual.
At Tuesday's NASDAQ opening, Apple's stock price has recovered all of the losses it suffered since the company announced it would miss its guidance over coronavirus issues in February.
Apple may be cutting its iPhone SE margins to drive sales and is looking to partially move iPhone production out of China, investment bank Piper Sandler said on Sunday.
The 66th Fortune 500 list was released on Monday morning detailing the largest corporations in the United States, with Apple slipping a bit to the number four spot.
The French government is going ahead with its digital tax effort on Apple and other tech multinational companies, and is no longer waiting on an international tax reform effort to do so.
Investment bank Wedbush is raising its Apple price target to $350 on what it describes as a robust performance by the company's services, plus prospects of recovering demand and the highly anticipated "iPhone 12."
Apple's App Store growth has jumped to multi-year highs and consumer spending on electronics continues to improve amid the COVID-19 pandemic, according to investment bank Morgan Stanley.
Apple on Monday launched its latest debt deal to fund corporate operations like share buybacks and dividends, with reports claiming the offering stands at $8 billion.
Morgan Stanley is retaining Apple as a top pick in the wake of the company's March quarter earnings, which solidified the investment bank's positive outlook for the long-term.
Investment bank JP Morgan is adding Apple to its top picks after the company reported financial results for the second quarter that were much better than Wall Street estimates.
On Thursday, Apple reported quarterly earnings and growth that exceeded Wall Street expectations, leading many analysts to update their predictions for the June quarter and beyond.
Early in the Q2 2020 Apple financial results conference call, CEO Tim Cook commented on COVID-19 and its impact on the company. While acknowledging how the quarter was originally shaping up to be very different, Cook expressed confidence in the iPhone maker's ability to bounce back from the pandemic.
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Mike Peterson
Malcolm Owen
Wesley Hilliard
Mike Wuerthele
