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Topic: Services

Apple Music subscriber base grew 36% in 2019, second only to Spotify

04/03/2020, 09:04 pm

Music streaming subscriptions were up 32% globally last year, with Apple Music maintaining a comfortable second place position behind Spotify, according to newly published estimates.

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Apple Music agreements could derail rumored services bundle

03/12/2020, 03:03 pm

Apple has inked new deals with some of the world's largest record labels for Apple Music, though the terms of the company's agreements suggest that a combined services bundle is still distant.

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Where is Apple going next with Services?

02/29/2020, 12:02 pm

It did seem as if 2019 became Apple's Year of Services -- not only did it launch so many new ones in splashy events, it also shunted major hardware announcements off into sidelined press releases. We'll have to see how Apple handles hardware in 2020, but this much is certain -- Apple is not done with services.

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Services, wearables, 5G 'iPhone 12' make Morgan Stanley AAPL buyers

02/26/2020, 07:02 am

While the coronavirus is still having a big impact on China iPhone production, and the smartphone market as a whole, Morgan Stanley sees the impacts as mostly timing problems for Apple, and are buyers, maintaining a $368 stock price target.

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Apple launching program to store content closer to consumers

02/15/2020, 05:02 pm

Apple Edge Cache is a new service that enables better content delivery to end users with Apple-managed servers inside an internet provider's network.

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Piper Sandler joins post-earnings chorus, hikes AAPL to $343

01/29/2020, 12:01 pm

Focusing less on Tuesday's blockbuster earnings, and more on the potential for the 5G "iPhone 12," Piper Sandler has also increased its Apple stock price target.

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Cowen drives AAPL target to $370 on iPhone's return to growth

01/29/2020, 07:01 am

Recapping Apple's $91.8 billion quarter, Cowen is seeing continued strength and earnings power from the company going forward, and has increased its target price for Apple stock yet again.

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Apple sees 'great promise' with recently launched services like Apple Arcade

01/28/2020, 05:01 pm

Apple CEO Tim Cook reported multiple all-time records for the company's services, from the App Store to Apple Pay. He said Apple is "thrilled" about Apple Card's success, and that Apple has plans for all its services.

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Notes of interest from Apple's Q1 2020 holiday earnings report and conference call

01/28/2020, 04:01 pm

Following the publication of its first fiscal quarter of 2020 results, encompassing the holiday quarter, Apple provided additional detail surrounding the particulars of the report during an hour-long conference call.

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Bank of America nudges AAPL target higher ahead of earnings

01/23/2020, 12:01 pm

Less than a week before Apple's quarterly earnings report, Bank of America has slightly boosted its target price for Apple to $340.

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

01/17/2020, 01:01 pm

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.

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Apple services had a 'landmark year,' including Apple TV+ and Apple Card

01/08/2020, 07:01 am

In a roundup of 2019 Services activity, Apple has released few actual figures but emphasizes the integration of all of its offerings into its hardware.

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Cowen names AAPL one of its 'favorite ideas' in 2020, ups target to $325

12/17/2019, 08:12 am

Cowen equity research is raising its convictions on shares of Apple, boosting its price target behind near-term momentum in several operating segments and a belief that market share losses in China could potentially be offset by gains in India.

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

11/19/2019, 02:11 pm

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.

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Apple services achieved all-time high of $12.5B in Q4

10/30/2019, 05:10 pm

Apple CEO Tim Cook on Wednesday revealed the company's earnings from its Services segment, which includes Apple Music and iCloud, were up 18% in the fourth quarter and have set new records around the globe.

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

10/23/2019, 01:10 pm

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.

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A big conference on Micromobility is coming to Berlin, and Apple will be there

09/26/2019, 11:09 am

Analyst Horace Dediu was one of the first analysts to correctly recognize what Apple was accomplishing in mobile computing with the iPhone. He has recently focused on the future of personal mobility -- an area Apple has investigated in some depth, although the company hasn't yet revealed a clear strategy. On October 1, Micromobility Europe will discuss the state of the art in Berlin, and AppleInsider has learned that Apple will be in attendance.

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Bullish 2020 predicted for Apple with Services growth accelerating

09/11/2019, 11:09 am

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.

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Editorial: How long before we get a $100 'Everything Apple' subscription including an iPhone?

09/11/2019, 10:09 am

Apple's moves this week regarding Apple TV+ and, more quietly, AppleCare+, suddenly make sense if you suspect the company is heading toward offering us a single all-in subscription package.

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Editorial: CNBC is still serving up some really bad hot takes on Apple

08/27/2019, 06:08 am

On Monday, CNBC compiled the confused thoughts of a Wedbush Securities analyst who doesn't seem to have any grasp on reality whatsoever when it comes to the future -- or even present -- of Apple.

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