What to expect from Apple's holiday quarter results on Tuesday

Anxiety is mounting over Apple's December-quarter financial results, which will be officially revealed on Tuesday following a $5 billion-plus revenue downgrade to $84 billion earlier this month. Here's what some analysts are predicting.

Roger Fingas 7 years ago 25

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

Wells Fargo enables Apple Pay-authorized transactions at 5,000+ ATMs

U.S. bank Wells Fargo on Tuesday annnounced that it's now supporting NFC-based authentication — including Apple Pay — at over 5,000 ATMs, letting people use the machines without having a debit card handy.

Roger Fingas 8 years ago 20

Nokia predicted to play an important role in Apple's datacenters after patent dispute settlement

In the terms of their new patent dispute resolution, Nokia revealed it will be providing network infrastructure products to Apple — a partnership that one Wall Street analysts could see Nokia significantly grow its IP router business by supplying Apple's datacenters.

Neil Hughes 9 years ago 3

Wells Fargo to offer Apple Pay-based ATM transactions later in 2017

In launching smartphone-based ATM transactions across the U.S. on Monday, Wells Fargo simultaneously announced plans for NFC support "later this year," including Apple Pay.

Roger Fingas 9 years ago 11

Wells Fargo to open up iPhone-based ATM withdrawals next week, no Apple Pay yet

Following the end of a successful pilot project, Wells Fargo will be opening up smartphone-based withdrawals at all 13,000 of its U.S. ATMs on Monday, March 27 — though support for Apple Pay isn't yet on the horizon.

Roger Fingas 9 years ago 20

End of Galaxy Note 7 predicted to help Apple, but 'big beneficiaries' could be other Android devices

While investment firm Wells Fargo Securities believes Apple and its newly released iPhone 7 Plus will benefit from the discontinuation of the dangerous Galaxy Note 7, it also believes that the greatest potential for gains could be non-Samsung Android handsets.

Neil Hughes 9 years ago 41

Apple's December 2016 quarter could gain extra week, helping sales of next iPhone

Apple has historically added an extra week to its December quarter when the 31st of the month falls on a Saturday — which it does again this year. That extra time could add 3 million iPhone sales to the three-month period, one analyst has predicted.

Neil Hughes 9 years ago 5

'Very low' expectations for Apple earnings set up positive risk/reward, Wells Fargo says

Ahead of its June quarter earnings report next week, a number of factors have put Apple in a position to exceed investor expectations, making it a good time to buy into the company's stock, one analyst believes.

Neil Hughes 9 years ago 8

Wall Street remains optimistic about 'iPhone 7' & Apple's 2017 after Q2 declines

Analysts on Wall Street were pushing optimism after Apple's disappointing fiscal 2016 second quarter earnings, saying they expect that the company will continue to innovate and will return to growth over the next year.

Neil Hughes 10 years ago 24

Wells Fargo believes 'iPhone 7' will reaccelerate Apple growth, sell 80M+ this holiday

With Apple set to report its first-ever year-over-year decline in iPhone sales this afternoon, analysts continue to look forward to the anticipated "iPhone 7" launch in hopes that it will re-stimulate growth.

Neil Hughes 10 years ago 18

Wall Street adjusts Apple expectations after Tim Cook 'rips the Band-Aid off'

Though Apple had a respectable December quarter, the company's outlook for the following three months calls for iPhone sales to decline for the first time ever. Analysts on Wall Street responded by trimming their price targets, though most still believe investors should buy in.

Neil Hughes 10 years ago 117

Wells Fargo cuts Apple price target as stock hovers just above $100

The price of of Apple stock has been driven lower by concerns over demand for the iPhone 6s lineup, dropping near $100 per share in early trading on Wednesday as investment firm Wells Fargo Securities cut its own outlook, predicting a short-term "road bump" before a return to growth.

Neil Hughes 10 years ago 61

Ericsson settlement could help improve iPhone margins for Apple, Wells Fargo says

A new global cross-patent licensing agreement between Apple and Ericsson could help improve gross margins on the iPhone going forward, further padding Apple's bottom line, according to a new analysis.

Neil Hughes 10 years ago 4

Apple added 26 new iPhone carrier partners worldwide in November, total now at 433

Last month, Apple added 26 new global carrier partners, greatly expanding the potential reach of its hot selling iPhone lineup and positioning the new iPhone 6s for continued growth.

Neil Hughes 10 years ago 4

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