Though Apple and many existing investors may not be happy with the fallout of the U.S.-China trade war, for others it may be a ripe stock opportunity, Merrill Lynch's Wamsi Mohan said on Tuesday.
Although there's a "very real risk" from more tariffs on Apple products, and this week's Supreme Court ruling laid the groundwork for a challenge to the App Store, neither is a "threat to future growth potential," Cowen analysts said on Tuesday.
Apple investors are overreacting to the financial threat posed by the U.S.-China trade war and Monday's Supreme Court ruling on the App Store, an analyst claimed on Tuesday.
Although the U.S. Supreme Court is allowing the Apple v. Pepper App Store lawsuit to proceed, the case will take at least another year to resolve, analysts with Macquarie Research claimed on Monday.
A bailout of up to 80 billion yen ($729.3 million) destined for Apple supply chain partner Japan Display has been put on hold, after the Chinese-Taiwanese investment group declared they want to reexamine the potential the deal could provide in returns to the funds.
The decline of Chinese iPhone sales slowed in the month of April, UBS said in a Friday investor memo, but that may have been because of improvements in overall smartphone demand in the country.
If Apple is indeed hit by proposed U.S. tariffs on Chinese imports, it could take the company "multiple years" to move assembly outside of China, according to a Morgan Stanley investor memo.
Apple CEO Tim Cook shared details about Apple's start of stock buybacks, and has confirmed that Warren Buffett put Apple on the track to do so — and the "Oracle of Omaha" tried to put the company on the path years before.
Berkshire Hathaway's investment in Apple is proof that the company isn't really a normal tech company, Apple CEO Tim Cook has suggested, with the fund's holdings in the iPhone maker serving as a sign the iPhone maker is closer to a consumer products company in its current state.
After President Donald Trump used Twitter to threaten a dramatic escalation of America's trade war with China, stocks tumbled in early trading. Apple was hit particularly hard, with shares dropping by more than 3%.
Berkshire Hathaway will continue to hold its considerable stake in Apple, notable investor Warren Buffett has advised, with the iPhone maker's latest quarterly results showing why the investment fund has put multiple billions into the company.
As expected, a $58 billion earnings result that beat Wall Street consensus are driving analysts to discuss Apple's future, with eyes focused on a higher than expected revenue range for the third fiscal quarter, and ongoing concern about iPhone sales.
Apple on Wednesday once again achieved a $1 trillion market valuation, a milestone supported by investor confidence in new services, better than expected iPhone sales, and hopes for future hardware.
Analysts are weighing in on Apple's quarterly financial results the morning after its release, with generally favorable impressions of iPhone shipments better than anticipated and the growth of Services.
Apple CEO Tim Cook sounded a positive note on China in announcing the company's March-quarter results, saying sales there are looking better.
Following the publication of its second fiscal quarter of 2019 results, encompassing January through March, Apple provided additional detail surrounding the continuing situation in China, as well as more information about the Services business in an earnings conference call.
Apple has earned revenue of $58 billion in the second quarter of the 2019 fiscal year, according to its financial results revealed on Tuesday, with the earnings per share raising to $2.46 and services reaching record highs.
Apple's March-quarter financial results are set to be released on Tuesday, and all eyes are on what Apple will say — or won't say — about iPhone sales volumes. Here's what observers of the iPhone maker anticipate Apple will reveal.
Analysts at Cowen have cast doubt on the possibility a return to form for iPhone shipments will take place in this quarter, as well as for the foreseeable future, and while Services will provide a reliable high point in Apple's upcoming financial results, it may not be as much of a highlight as investors may think.
Investors consistently undervalue Apple's Services, and iPhone sales are strong, which has led Morgan Stanley to raise the target price for Apple stock to $234.
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Roger Fingas
Malcolm Owen
Mike Wuerthele
Daniel Eran Dilger
