Buy Apple stock ahead of earnings results, says Morgan Stanley

Investors should consider buying Apple stock now, less than a week before the iPhone producer announces its quarterly financial results, according to Morgan Stanley, with the shares unlikely to go much lower following its revenue miss warning earlier this month.

Malcolm Owen 7 years ago 6

iPhone unit sales concern overblown, doesn't cover Apple's business as a whole says Morgan Stanley

Investors are overreacting to changes in the iPhone supply chain and manufacturing reports, Morgan Stanley suggests, with the company's continued Services growth highlighted as the better avenue for revenue increases than its hardware sales.

Malcolm Owen 7 years ago 16

Apple's services will grow to over $100 billion per year in 2023, says Morgan Stanley

Katy Huberty from Morgan Stanley has taken a deep-dive into Apple's services market segment, and has taken a close look at the factors that will make Apple's once-overlooked aspect of its business a major factor for investors to consider now, and in the future.

Mike Wuerthele 7 years ago 10

Market watchers see buying opportunity as Apple shares slide after June quarter miss

Lofty expectations were beyond the reach of Apple last quarter, sending shares tumbling more than 7 percent. But a number of bullish analysts see the stock pullback as a buying opportunity for investors, who can get in at a cheaper price before the launch of new iPhones.

Neil Hughes 10 years ago 61

Apple on pace to sell 53M iPhones in June quarter, Apple Watch demand sustaining 'healthy' levels

Demand for Apple's flagship iPhone 6 and iPhone 6 Plus remains extremely strong, even as the product cycle begins to wind down, while consumer interest in the Apple Watch is outperforming the first iPhone, new data reveals.

Neil Hughes 10 years ago 61

Morgan Stanley: Apple Watch demand up 60% in US since March, estimated 36M unit sales in first year

Countering an analyst report earlier on Wednesday predicting a plateau to Apple Watch demand, investment bank Morgan Stanley says U.S. consumer interest is not just strong, but is increasing, with first-year sales estimated to hit 36 million units.

Mikey Campbell 11 years ago 45

Estimates raised on Wall Street as Apple impresses investors again with another record quarter

The iPhone continues to drive growth at Apple, once again propelling the company to a record quarter that has left analysts on Wall Street confident the company's stock will continue to go higher.

Neil Hughes 11 years ago 50

Apple subscription TV plan could help push services to 20% of company's earnings, Morgan Stanley says

Apple's growing services business, including the App Store and Apple Pay, could account for 20 percent of its earnings in the next two years, or perhaps even sooner if the company launches its rumored subscription TV service this fall, one analyst believes.

Neil Hughes 11 years ago 39

Apple on track to sell record 54M iPhones in March quarter, Morgan Stanley says

The latest data from Morgan Stanley suggests Apple is on target to set a new record and sell at least 54 million iPhones in the current quarter, which concludes later this month.

Neil Hughes 11 years ago 35

Wall Street expects high margins, respectable sales for launch of well-designed Apple Watch

Analysts on Wall Street came away generally pleased with this week's announcement of Apple Watch launch details, viewing the new platform as a way to extend the company's valuable ecosystem and generate more revenue from high-margin products.

Neil Hughes 11 years ago 53

Morgan Stanley raises Apple target to $160, citing strength as a 'platform company'

Morgan Stanley showed significant confidence in Apple on Monday, raising their price target to $160 and expressing a belief to investors that the company can continue to grow its business.

Neil Hughes 11 years ago 20

Morgan Stanley sees Apple's strong holiday sales continuing into 2015

Apple is expected to announce yet another quarter of record sales next week, a trend that investment bank Morgan Stanley believes will continue throughout the spring as demand for the iPhone and Mac remains strong alongside the long-awaited release of the Apple Watch.

AppleInsider Staff 11 years ago 46

Morgan Stanley raises Apple price target to $126, says investors underestimate Apple Watch

Morgan Stanley joins a number of other investment firms that have raised their price targets on shares of Apple stock this week, reflecting significant gains posted by the company heading into the holiday shopping season and in anticipation of next year's debut of the Apple Watch.

Neil Hughes 11 years ago 67

Current tablet sales growth being driven by sub-$250 devices, IDC says

The average selling price of tablets continues to drop, according to the latest research from IDC, as sales growth in the tablet market is reportedly being driven by low-end, low-cost devices, just as Apple has entered the sub-$250 market with the first-generation iPad mini.

Neil Hughes 11 years ago 105

iPhone 6 & Apple Watch reveals lived up to the hype for Wall Street, investors have high hopes for Apple Pay

With the redesigned iPhone 6 expected to set new sales records this holiday season, the impending launch of the Apple Pay mobile wallet service expected to catch on with consumers, and next year's debut of the Apple Watch, analysts on Wall Street were largely satisfied with Apple's announcements this week.

Neil Hughes 11 years ago 106

Load More