Katy Huberty is no longer covering Apple for Morgan Stanley

A new analyst is assuming coverage of Apple for investment bank Morgan Stanley, replacing the well-known Katy Huberty, who has a long track record of correct Apple forecasts.

Mike Peterson 3 years ago 16

Subscription model will drive Apple's $3T market valuation, analyst says

Investment Bank Morgan Stanley says that Apple's path to a $3 trillion market valuation will stem from the company's user base and an increasing shift to a subscription model.

Mike Peterson 3 years ago 11

Morgan Stanley trims AAPL target to $180 on weaker than expected quarter

Investment bank Morgan Stanley has cut its Apple price target to $180 from $185 and is expecting June quarter results slightly below Wall Street expectations.

Mike Peterson 3 years ago 3

China loves the iPhone, but is cooling on the App Store

New research from Morgan Stanley says that during May 2022, iPhone sales were up 15% year-over-year in China — but at the same time, App Store usage has decelerated in the country.

William Gallagher 3 years ago 3

WWDC 2022 keynote was a showcase of Apple innovation, Katy Huberty says

Apple's WWDC 2022 announcements underscore that it's working toward a "unmatched" and "unreplicable" user experience, according to Morgan Stanley

Mike Peterson 4 years ago 16

App Store is still growing, but not as much as expected says Katy Huberty

A slowdown in App Store growth in the month of May could pose a risk to Apple's Services revenue in the June quarter, according to investment bank Morgan Stanley.

Mike Peterson 4 years ago 4

App Store performance in April a promising sign of future growth, analyst says

Apple's App Store revenue saw a jump in the month of April, and investment bank Morgan Stanley says it's starting to see "green shoots" emerging for the important product segment.

Mike Peterson 4 years ago 0

Morgan Stanley lowers Apple price target to $195 on Covid disruptions

Katy Huberty of Morgan Stanley has lowered her Apple price target to $195 from $210 because of tough economic conditions in the June quarter, but says Apple still remains a top pick for 2022.

Mike Peterson 4 years ago 10

Mac & iPhone 13 strength may drive Apple to a record-breaking earnings report

Katy Huberty of Morgan Stanley believes that Apple will come in well ahead of Wall Street's estimates for its second fiscal quarter but is also expecting some cautious guidance going forward because of COVID concerns.

Mike Wuerthele 4 years ago 2

Apple hardware subscription could shift focus away from iPhone shipments

Apple could be on the verge of a broad business shift away from iPhone shipments to installed base monetization if rumors of a hardware subscription are true, according to an analyst.

Mike Peterson 4 years ago 19

Morgan Stanley bumps Apple price target to $210 on record-breaking Q1 2022

Investment bank Morgan Stanley has raised its Apple price target to $210 after the iPhone maker reported Q1 2022 earnings that broke records and beat Wall Street's predictions.

Mike Peterson 4 years ago 5

Apple poised to break holiday quarter financial records despite challenges, Katy Huberty says

Morgan Stanley's Katy Huberty expects Apple to break holiday quarter earnings and edge out Wall Street's expectations for the quarter thanks to iPhone production improvements and Services performance.

Mike Peterson 4 years ago 0

Morgan Stanley hikes Apple stock target price to $200 on 'Apple Car' and AR

Investment bank Morgan Stanley has raised its Apple price target to $200, driven by what is expected from the company relatively soon, as well as short-term drivers like the App Store and iPhone supply.

Mike Peterson 4 years ago 5

Morgan Stanley expects Apple to be 'game changer' in Augmented Reality

Investment bank Morgan Stanley has advised clients that AR will see "liftoff" once Apple enters the market, says launches are coming soon.

William Gallagher 4 years ago 8

Apple regulatory filing highlights App Store risks, hints at iPhone 13 demand

Apple's latest 10-K form acknowledges some additional App Store risks, and also indicates that advertising is now the strongest revenue driver for the company's Services business.

Mike Peterson 4 years ago 1

Load More