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

Morgan Stanley ups AAPL price target to $368 on potential of 5G iPhone supercycle

Morgan Stanley has raised its price target on shares of Apple, voicing its view that investors are under-appreciating the impact this year's 5G-enabled iPhone release is expected to have on the company's bottom line, especially given the roll-out is expected to coincide with a multi-year peak in the number of iPhones due for replacement.

Malcolm Owen 6 years ago 9

AAPL analysts spar over state of Chinese iPhone sales

China, the world's largest smartphone market, has been nothing short of a moving target for Apple. A salvo of shots fired by top analysts this week only evidences one thing: the only near-term certainty with Apple and China may be more uncertainty.

Katie Marsal 6 years ago 12

Institutional ownership of AAPL on the rise leading into iPhone 12 cycle

Optimism surrounding Apple's upcoming 5G iPhone cycle and revenue growth within the company's Services sector helped drive one of the largest sequential increases in institutional ownership of AAPL shares in more than half a decade.

AppleInsider Staff 6 years ago 7

Apple TV+ & iPhone 5G will drive AAPL to $289+ a share, says Morgan Stanley

Apple TV+ in conjunction with a 5G iPhone will help accelerate Apple's Services growth to 20% in 2020, with Katy Huberty of Morgan Stanley raising the price target for the iPhone maker to $289.

Malcolm Owen 6 years ago 14

Bullish 2020 predicted for Apple with Services growth accelerating

Apple is set to have a bullish 2020, Morgan Stanley claims the day after the launch of the 2019 iPhone models, with the aggressive pricing of Apple Arcade and Apple TV+ forming part of Apple's strategy to accelerate its Services revenue growth into next year.

Malcolm Owen 6 years ago 5

Apple has multiple options to lower potential import tariff impact

Apple will take multiple steps to mitigate the incoming 10% tariff on Chinese imports to the United States, Morgan Stanley believes, with the iPhone producer using non-Chinese assembly and supply lines for US-bound smartphones as a workaround that has been 16 months in the making.

Malcolm Owen 6 years ago 16

Re-emergence of China market is driving Apple's App Store recovery

Morgan Stanley is telling its investors that the growth of Apple's App Store is accelerating after a previous decline, and that this is due to the a recovery in revenues from China.

William Gallagher 6 years ago 1

Morgan Stanley hikes AAPL to $247, says investors are unnecessarily negative

Apple is an attractive company to invest in ahead of its upcoming earnings report, Morgan Stanley suggests, with low Wall Street estimates for September and negative investor sentiment for the iPhone maker's current state potentially making decent results for the next quarter seem better.

Malcolm Owen 6 years ago 15

App Store antitrust lawsuit predicted to impact Apple stock price for years

The fallout from the U.S. Supreme Court's decision to allow an antitrust lawsuit against Apple over an alleged monopoly on iOS apps via the App Store won't immediately affect the company, suggests Morgan Stanley, but the legal threat could affect the stock value for years.

Malcolm Owen 7 years ago 11

Skeptical investors undervaluing Apple's services, Morgan Stanley raises AAPL to $234

Investors consistently undervalue Apple's Services, and iPhone sales are strong, which has led Morgan Stanley to raise the target price for Apple stock to $234.

Malcolm Owen 7 years ago 12

Qualcomm's share price expected to continue rising following Apple settlement

Qualcomm's share price still has some space for growth following the surprise settlement with Apple, Morgan Stanley suggests, with the price potentially able to grow by another 15% due to both supplying Apple with modems and being a central figure in the creation of 5G networks.

Malcolm Owen 7 years ago 7

China iPhone sales stabilizing ahead of quarterly results, gaining on Huawei

Apple's fortunes in China are slowly turning around, suggests Morgan Stanley, with a continuation of share growth for the iPhone user base in March taken as an indicator of better than expected results heading into Apple's upcoming quarterly financial results.

Malcolm Owen 7 years ago 2

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