Analysts pile on Apple following revenue guidance miss

Since Apple revised its revenue guidance on Wednesday, analysts have been quick to jump on the news with their opinions on the lower-than-expected iPhone sales and reduced revenues primarily from the Chinese market. AppleInsider rounds up a number of the statements made by the commentators.

Malcolm Owen 7 years ago 27

Morgan Stanley cuts Apple stock price target over weak Chinese iPhone demand

Analysts from Morgan Stanley are the latest to cut their price target for Apple stock, with longer smartphone replacement cycles in China apparently to blame.

Malcolm Owen 7 years ago 44

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

Morgan Stanley sees Apple's video business rivaling Netflix by 2025, ups target to $245

Apple is augmenting its booming services business with its fledgling content plans — and Katy Huberty from Morgan Stanley thinks that the efforts will pay off in a big way.

Stephen Silver 7 years ago 7

Another blockbuster quarter earnings report ahead for Apple, analyst claims

Katy Huberty from Morgan Stanley has raised her iPhone sales and revenue forecast for the current quarter, while also predicting strong services growth for the foreseeable future — and has dramatically increased AAPL's price target as a result.

Stephen Silver 7 years ago 15

Morgan Stanley bullish on Apple services, ups AAPL price target to $214

Apple's Services business is vastly undervalued by the market, and not considered part of the larger whole by investors according to investment bank Morgan Stanley.

Malcolm Owen 8 years ago 8

Apple's iPhone scores 92% loyalty rate ahead of 'iPhone 8' launch, study finds

A new study published by investment bank Morgan Stanley shows 92 percent of iPhone users who are "somewhat or extremely likely" to upgrade within 12 months intend to buy Apple, a good indicator that this year's iPhone revamp has the makings of a so-called "super cycle."

Mikey Campbell 9 years ago 23

Morgan Stanley lowers 2017 iPhone 7 sales estimates ahead of next-gen 'supercycle'

Investment bank Morgan Stanley expects Apple to see decreased iPhone 7 demand in the coming months as buyers anticipate this year's "iPhone 8" revamp, one model of which is expected to feature a drastic redesign and exotic technologies like an OLED display.

Mikey Campbell 9 years ago 32

Apple's $26.5B in purchase commitments hint at huge 'iPhone 6s' launch

Apple had $26.5 billion in off-balance sheet commitments at the end of the June quarter — a massive year-over-year increase that suggests the company is planning for a record breaking launch of its next-generation "iPhone 6s."

Neil Hughes 10 years ago 15

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

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

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