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Maynard Um

Latest News

Apple's recent stock price surge leaves prominent analysts projections in the dust

Recent gains by Apple's stock have pushed its share price past some Wall Street analysts' price targets, leaving their forecasts underwater, while others could be next if the upward trend continues.

Neil Hughes 12 years ago 35

Earnings preview: Wall Street expects flat March quarter, awaiting new products in late 2014

With no major new products launched in the just-concluded March quarter, analysts on Wall Street don't expect big things from Apple when the company reports its earnings on Wednesday, generally projecting for revenue to be about flat with the same period from a year ago.

Neil Hughes 12 years ago 67

Apple's spending on acquisitions surged to $525 million last quarter

While investors continue to fret over what Apple plans to do with its $159 billion in cash and investments, the company is quietly spending far more than previously on its secretive acquisitions, exceeding a half-billion dollars last quarter alone.

Neil Hughes 12 years ago 103
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Wall Street excited about China Mobile's iPhone launch, but Apple's margins will be scrutinized

With the iPhone just days away from arriving on China Mobile, analysts' relief at the long-rumored deal's consummation is paired with curiosity about what concessions Apple may have made to strike an accord with the world's largest wireless carrier.

Shane Cole 12 years ago 38

PC shipments continue to shrink as consumers embrace tablets like Apple's iPad

While research firms Gartner and IDC have very different projections on how Apple's Mac lineup performed in the holiday quarter, both sides can agree on one thing: PC shipments continued to shrink over the holidays, as consumers once again opted for tablets over traditional computers.

Neil Hughes 12 years ago 44

Analysts divided on Apple: Cantor calls it a 'top pick,' Wells Fargo downgrades citing margins

A pair of Wall Street analysts have come to very different conclusions on Apple stock for the start of 2014, as Brian White of Cantor Fitzgerald gave an enthusiastic recommendation for the iPhone maker, while Maynard Um of Wells Fargo downgraded AAPL shares from "outperform" to the status of "market perform."

Neil Hughes 12 years ago 101

Shares of Apple dip on lack of China Mobile deal, supplier's disappointing earnings

A pair of negative news bites related to Apple hit on Wednesday, potentially explaining why shares of the company dipped nearly 2 percent in morning trading.

Neil Hughes 12 years ago 52

PrimeSense tech seen powering gesture controls for future Apple television products

Apple's confirmed purchase of PrimeSense, makers of technology that powered Microsoft's first-generation Kinect sensor, has helped to fuel speculation that a future Apple TV product, whether a next-generation set-top box or a full-fledged television set, will be controlled by gestures.

Neil Hughes 12 years ago 43

Windows 7 driving enterprise PC sales, but Apple's new iPads expected to again hurt PC growth

Enterprise demand for PCs running Windows 7, Microsoft's previous-generation operating system, is currently boosting the overall PC market, but sales are expected to once again take a hit after the introduction of Apple's new iPad Air and iPad mini with Retina display.

Neil Hughes 12 years ago 46

Apple has sold 170M iPads to date, implying sales near 15M in Sept. quarter

Though many customers were waiting for Tuesday's announcement of new iPads, Apple still managed to ship near 15 million units in the September quarter, new data provided by the company implies.

Neil Hughes 12 years ago 17

Verizon's iPhone activations imply Apple shipped at least 32M in Sept. quarter

Verizon's historical share of iPhone shipments suggest that Apple is on pace to have moved at least 32 million handsets last quarter.

Neil Hughes 12 years ago 29

Apple's iPhone 5c pricing seen as right move, holiday sales expected to pick up steam

Investors should ignore supply chain noise about the iPhone 5c and trust that Apple made the right move in maintaining its margins, one prominent analyst said on Thursday.

Neil Hughes 12 years ago 40

iPhone 5s launch expected to boost Apple's gross margins to nearly 40%

Historically, 'S' versions of Apple's iPhone lineup have led to stronger margins than full-fledged redesigns. That's why one analyst expects the newly released iPhone 5s to push Apple's gross margins toward 40 percent in the coming quarters.

Neil Hughes 12 years ago 81

Fingerprint sensor in Apple's 'iPhone 5S' predicted to boost mobile commerce, enterprise adoption

Wells Fargo on Wednesday raised its projected price range for Apple stock, citing expectations that the company will become more flexible with its carrier partners, and that the anticipated inclusion of a fingerprint sensor in the "iPhone 5S" will drive up adoption rates among consumer and corporate markets.

Neil Hughes 12 years ago 25

As BlackBerry mulls going private, analysis sees smaller company being public & profitable

Executives at BlackBerry are reportedly considering taking their struggling company private, but a new analysis suggests the company could stay public — if management were to accept the fact that it is now a smaller smartphone company.

Neil Hughes 12 years ago 24

Verizon's sales suggest Apple may have sold 34.7M iPhones in June quarter

iPhone activation figures from Verizon, the largest carrier in the U.S., suggest that Apple could have sold as many as 34.7 million iPhones in the just-concluded June quarter.

Neil Hughes 12 years ago 30

ITC sales ban on old iPhones, iPads predicted to have minimum financial impact on Apple

Though Apple lost an International Trade Commission ruling this week to Samsung and sales of the iPad 2 and iPhone 4 must be suspended in the U.S., those legacy products are already on the way out, suggesting to market watchers that the financial impact will be minimal.

Neil Hughes 13 years ago 35

Supply chain showing 'signs of life' as Apple gears up for Sept. launch of 'iPhone 5S'

A key Apple supplier has revealed that its largest North American customer is gearing up for the launch of a next-generation smartphone, suggesting Apple could be in the midst of preparing for a September launch of its next iPhone.

Neil Hughes 13 years ago 46
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