iPhone 12, coronavirus among factors driving Apple Services boom & share price

Morgan Stanley's Katy Huberty believes that Apple's Services, critical to the company's share price, will continue to see sustained double-digit growth driven by the iPhone 12 and new engagement initiatives.

Mike Peterson 5 years ago 0

App Store fee program will have 'immaterial' effect on Apple, says Morgan Stanley

Morgan Stanley analyst Katy Huberty sees the impact of the new App Store program with reduced commissions as "immaterial" from a financial standpoint to Apple, and believes that it doesn't signal a broader policy shift.

Mike Peterson 5 years ago 0

Supply chain seeing stronger than expected iPhone 12 holiday quarter demand

Earnings and other data from Apple's supply chain suggests that demand for the iPhone 12 and iPhone 12 Pro is much stronger than expected, according to Morgan Stanley.

Mike Peterson 5 years ago 0

iPhone consensus 'too high' for Q4 but iPhone 12 will drive growth through 2021, analyst says

Morgan Stanley is warning investors of a potential iPhone revenue miss for the September quarter but continues to believe that the iPhone 12 will drive growth in the future.

Mike Peterson 5 years ago 2

Morgan Stanley raises AAPL target to $136 as iPhone 12 'revs the growth engine'

In the wake of Apple's Oct. 13 event, Morgan Stanley has raised its AAPL price target to $136 on the potential that the iPhone 12 and iPhone 12 Pro lineup has to drive product revenue growth into 2021.

Mike Peterson 5 years ago 0

Apple's 'iPhone 12' debut will be 'most significant iPhone event in years,' says Morgan Stanley

Ahead of Apple's "iPhone 12" event on Oct. 13, Morgan Stanley is raising its iPhone estimates on new average selling price (ASP) analysis and iPhone build data.

Mike Peterson 5 years ago 8

Buy the dip in AAPL ahead of 'iPhone 12' launch, says Morgan Stanley

Morgan Stanley sees Apple's recent stock weakness as a "constructive set-up" heading into the "iPhone 12" launch season, since key data points remain strong.

Mike Peterson 5 years ago 9

Morgan Stanley sees Apple beating expectations at July 30 earnings call

Ahead of Apple's July 30 earnings report, Investment bank Morgan Stanley believes the company's June quarter earnings will widely beat Wall Street expectations.

Mike Peterson 5 years ago 0

Morgan Stanley sees 'iPhone pot of gold' driving AAPL to $419 per share

Morgan Stanley has raised its AAPL price target to $419, suggesting that Apple upgrade and trade-in programs could help the company unlock an "iPhone pot of gold."

Mike Peterson 5 years ago 3

App Store boom leads Morgan Stanley to raise AAPL price target to $340

Investment bank Morgan Stanley has raised its Apple price target to $340, citing strong App Store performance and a broader upside to Services.

Mike Peterson 6 years ago 0

Apple will maintain bumper to bumper control of 'Apple Car' project, says Morgan Stanley

When it comes to the long-running Apple Car project, Morgan Stanley analyst Katy Huberty expects Apple to invest significantly in researching and developing a "vertically integrated solution."

Mike Peterson 6 years ago 48

AAPL remains top pick for Morgan Stanley due to long-term prospects

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.

Mike Peterson 6 years ago 0

Morgan Stanley bills Apple its top IT Hardware pick ahead of earnings

Morgan Stanley on Friday named Apple its top pick in the IT Hardware space, citing an attractive set-up ahead of the company's upcoming earnings call on April 30.

Mike Peterson 6 years ago 2

Morgan Stanley trims AAPL target to $298 as hopes for sharp consumer recovery dampen

Morgan Stanley said Friday it is reducing expectations for Apple through fiscal 2021 to better align with the bank's macro view that GDP growth will take a greater hit than previously expected, due largely to a prolonged consumer recovery.

Mike Wuerthele 6 years ago 16

Services, wearables, 5G 'iPhone 12' make Morgan Stanley AAPL buyers

While the coronavirus is still having a big impact on China iPhone production, and the smartphone market as a whole, Morgan Stanley sees the impacts as mostly timing problems for Apple, and are buyers, maintaining a $368 stock price target.

Mike Wuerthele 6 years ago 0

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