Apple stock closes first negative year since 2008, but Wall Street upbeat

Despite record-breaking quarterly earnings and continued market growth in the face of withering industry headwinds, Apple stock closed out 2015 down for first time since 2008, though analysts remain positive on the company's near-future prospects.

Mikey Campbell 10 years ago 115

Brean Capital tells investors to ignore 'noisy' supply chain, focus on longterm iPhone success

Recent concerns stemming from Apple's supply chain haven't swayed Brean Capital, which believes iPhone sales will continue to grow another 5 to 10 percent in calendar 2016.

Neil Hughes 10 years ago 75

Berenberg fires analyst infamous for doom-and-gloom Apple forecasts

Berenberg Bank on Monday let go of Adnaan Ahmad, an analyst known for making some of the bleakest forecasts for Apple stock, with a price target well below $100.

Roger Fingas 10 years ago 46

Apple adopts proxy access, lowers bar for shareholder nominations to board of directors

Apple on Tuesday issued amended corporate bylaws that affords a shareholder, or group of shareholders, with sufficient standing the opportunity to nominate a representative to the company's board of directors, a mechanism referred to as "proxy access."

Mikey Campbell 10 years ago 5

Apple embracing its role as maker of 'blockbusters,' not niche products, UBS says

In the age of the blockbuster, Apple's iOS platform is leading the way far ahead of its competitors, investment firm UBS said in a note to investors on Tuesday.

Neil Hughes 10 years ago 15

Ericsson settlement could help improve iPhone margins for Apple, Wells Fargo says

A new global cross-patent licensing agreement between Apple and Ericsson could help improve gross margins on the iPhone going forward, further padding Apple's bottom line, according to a new analysis.

Neil Hughes 10 years ago 4

JP Morgan adds to Apple supply chain worries, cuts early 2016 iPhone estimates

The parade of analysts concerned about weak outlooks from Apple suppliers continues to grow, with J.P. Morgan on Thursday advising investors that it is reducing near-term forecasts for iPhone sales.

Neil Hughes 10 years ago 63

RBC cuts Apple price target to $140, cites concerns over supply chain data

Investment firm RBC Capital Markets slashed its price target for Apple stock to $140 this week, saying data from the company's extensive supply chain suggests iPhone sales could shrink in 2016.

Neil Hughes 10 years ago 54

Piper Jaffray tells investors not to fret over vague iPhone supplier cuts

Apple investors showed concern this week after iPhone supplier Dialog Semiconductor warned revenue will fall short of expectations, but Piper Jaffray took the opportunity to remind Wall Street that it's unwise to read into supplier data.

Neil Hughes 10 years ago 60

Channel-check analysts warning of Peak iPhone are priming Apple shares for monster buybacks

On Monday, Katy Huberty of Morgan Stanley cited channel checks and a customer intent survey as the basis for predicting the potential for iPhone sales to fall by as much as 2.9 percent over the next year, reaching a total for 2016 as low as 224 million in a "worst case scenario." The idea of "Peak iPhone" generated clickbait headlines, but the real story is that channel checks have historically been extremely worthless at predicting Apple's actual performance.

Daniel Eran Dilger 10 years ago 81

Apple stock slides on claims of slashed iPhone component orders, weak iPhone 6s demand

Apple shares took a small hit on Tuesday after a report claimed the company decreased iPhone parts orders for the coming two quarters, a move that suggests weaker than expected iPhone 6s sales.

Mikey Campbell 10 years ago 11

Apple added 26 new iPhone carrier partners worldwide in November, total now at 433

Last month, Apple added 26 new global carrier partners, greatly expanding the potential reach of its hot selling iPhone lineup and positioning the new iPhone 6s for continued growth.

Neil Hughes 10 years ago 4

Total Apple Watch sales predicted to double this holiday, reaching 12M in 2015

Sales of the Apple Watch have continued to grow since its launch in April, and one analyst believes total sales of its wearable device could double this holiday alone, moving 6 million units in the lucrative three-month shopping period.

Neil Hughes 10 years ago 31

iPad Pro predicted to drive $2.4B in near-term revenue for Apple

Apple's newly launched high-end iPad Pro is expected to make a big splash for the company, with one analyst forecasting the 12.9-inch tablet to be a $2.4 billion revenue opportunity in its first three months alone.

Neil Hughes 10 years ago 30

Goldman Sachs sees Apple's transition into services company driving stock to $163

Goldman Sachs on Wednesday gave a ringing endorsement for Apple stock, telling investors that the iPhone Upgrade Program, Apple Music, and anticipated streaming television product will change how the market views the company.

Neil Hughes 10 years ago 37

Load More