Apple's holiday quarter financial results will be revealed on Tuesday, with iPhone 11 sales likely to be the biggest topic of interest. Here are what some of the analysts monitoring the iPhone maker expect will be revealed during the filing and following conference call.
Analysts at Cohen are seeing not just a strong holiday quarter, but an impressive second fiscal quarter as well, with signs that Apple has increased iPhone orders overall versus 2019.
On the eve of Apple's crucial holiday quarter earnings, J.P. Morgan has slightly hiked its Apple stock target price to $300, but is warning about the "high bar of investor expectations."
Wedbush's Daniel Ives is now saying that Apple stock is worth $400 per share — a value that he predicted could happen just a week ago assuming everything went well for Apple.
After leading the pack with an Apple stock price climb in early December, Cowen has done so again just over a month later, hiking the price target to $350 on the strength of Services and the upcoming iPhone lineup.
Just four days before Apple's crucial holiday quarter earnings report, Rosenblatt Securities has dramatically hiked its target price for Apple stock — to $250.
Less than a week before Apple's quarterly earnings report, Bank of America has slightly boosted its target price for Apple to $340.
Goldman Sachs CEO David Solomon claims the investment bank is happy with both its long-term relationship with Apple that started with the very first overnight bond issued when Steve Jobs returned to the company, all the way up to the current performance of Apple Card.
France's tax aimed at internet multinational companies like Apple, Amazon, Google, and Apple, has been postponed as U.S. President Donald Trump and French President Emmanuel Macron work together to avoid a rise in tariffs.
The spread of 5G into mainstream usage will help create a surge of smartphone sales but the hype behind 5G will only be a temporary lift for sales of devices like Apple's 2020 iPhone refresh, with the market expected to contract in 2022.
Morgan Stanley has raised its price target on shares of Apple, voicing its view that investors are under-appreciating the impact this year's 5G-enabled iPhone release is expected to have on the company's bottom line, especially given the roll-out is expected to coincide with a multi-year peak in the number of iPhones due for replacement.
Tile has joined a number of smaller companies seeking to speak out against Apple's, Google's, Amazon's and FaceBook's alleged anti-competitive practices before the House Judiciary Committee.
Apple's shares have more than doubled over the last year, but the rapid increase isn't just the result of some temporary irrational exuberance. Instead, as a variety of analysts and observers have noted, it means that investors have formed a new understanding of Apple as a company, shedding their formerly bleak pessimism that valued Apple far lower than the various consumer electronics rivals it has been outperforming.
India's Ministry of Electronics and Information Technology may begin offering incentives to smartphone manufacturers in hopes of enticing more Apple and Samsung suppliers to open factories in India.
Following iPhone demand checks internationally, and predictions of an incredible 5G 'iPhone 12' debut, Wedbush has set a $350 per-share price target on Apple stock, but believes that $400 is possible if everything goes right in 2020.
Apple shares rebounded in pre-market and regular session trading on Wednesday as investors appeared to shrug off the potential of escalating tensions between the United States and Iran.
Apple shares surged in mid-day trading on Monday as research firms like Needham and Evercore raised price targets to well above $300 per share, a figure that eclipses the stock's all-time high set last week.
Investment bank J.P. Morgan is reiterating its favorable view on shares of Apple, Inc this week, saying it sees several catalysts to earnings upside in 2020 that could drive a further re-rating of the company's shares to a 20X price-to-earnings (P/E) multiple.
Apple is scheduled to hold its annual shareholders meeting in February at Apple Park's Steve Jobs Theater, where stock holders will cast votes on measures ranging from the election of the company's board of executives to three shareholder proposals.
Following relatively steady gains across 2019, Apple's stock price hit an all-time high during the first day of trading in 2020, closing just north of $300 at the bell.
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