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Topic: Investor

Apple iPhone chip maker TSMC predicting strong demand for rest of 2019

07/18/2019, 08:07 am

Apple A-series chip partner TSMC anticipates a strong second half of 2019 for its finances based on strong demand for its chips, even after the manufacturer beat both its own revenue forecasts and those of analysts for the most recent quarter.

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Raymond James upgrades Apple stock to $250 on 2020 iPhone promise

07/18/2019, 07:07 am

Apple's use of a 5G modem in the 2020 iPhone could trigger high sales for the smartphone generation, Raymond James suggested while upgrading their rating of Apple shares, but the firm is still concerned the 2019 cycle will be "the weakest in years."

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Goldman Sachs spending heavily in preparation for Apple Card

07/16/2019, 12:07 pm

Goldman Sachs has burned through considerable amounts of money on Apple Card and its other consumer-facing initiatives, with the investment bank revealing it has spent around $275 million in 2019 alone on public-based projects.

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iPhone suppliers seeing solid revenues in run-up to 2019 models

07/12/2019, 09:07 am

A tracked group of Apple iPhone suppliers reportedly saw their aggregate revenues rise year-over-year in June for the fourth consecutive month, suggesting strong performance of existing iPhone sales, even as they prepare for new models this fall.

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Rosenblatt downgrades Apple to 'sell' on middling iPhone sales

07/08/2019, 08:07 am

Analysts at Rosenblatt Securities have changed their tune about Apple's stock, downgrading it to 'sell' over the belief it will face 'fundamental deterioration" for the next year, as well as predicting disappointing iPhone sales for the second half of 2019.

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Apple to reveal Q3 2019 earnings on July 30

07/01/2019, 06:07 pm

Apple will announce quarterly earnings for its third fiscal quarter of 2019 on July 30, with company CEO Tim Cook and CFO Luca Maestri expected to share details regarding specific segment performance in an investor conference call.

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Apple iPhone production increases in response to Huawei ban

06/27/2019, 08:06 am

To take advantage of the Huawei ban, Apple increased production of iPhones across the entire quarter that concludes at the end of June, Cowen analysts said in report issued on Thursday.

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Apple says Trump tariffs would 'tilt the playing field' in favor of competitors

06/20/2019, 10:06 am

Apple has formally requested that the U.S. not impose tariffs upon its imported products in a letter, saying that it would greatly impact Apple's business, and unfairly benefit competitors.

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Editorial: Axios used old 'embarrassing' IDC data to craft three Apple clickbaits in one day

06/19/2019, 11:06 am

In a perfect demonstration of how writers seeking to advance a narrative can take a molehill of flawed data and create a mountain of fearsome clickbait, Axios just dug up IDC's "embarrassing" smartphone data from the March quarter in an effort to portray Apple as doomed.

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Bernie Sanders says government should examine Apple, Google, Facebook breakup

06/19/2019, 09:06 am

The potential breaking up of major technology companies like Apple should be examined, presidential candidate Senator Bernie Sanders has suggested, seemingly joining calls to curtail the influence of firms that are accused of being monopolistic in nature.

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Apple's China issues 'overblown,' Services underrated notes JP Morgan

06/17/2019, 07:06 am

Investor concerns about Apple's fortunes in China are "somewhat overblown," analysts from JP Morgan suggest, with shareholders also accused of failing to see the potential revenue generation of Apple's Services arm.

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Foxconn struggling to maintain US workforce, with 155 layoffs in Indiana

06/05/2019, 09:06 am

According to the U.S. Labor Department, Apple supplier Foxconn is still having problems meeting promised hiring goals, and has laid off 155 employees in Indiana, moving the positions to Mexico.

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Apple's WWDC keynote was about developers & software differentiation, say analysts

06/04/2019, 11:06 am

Analysts have been quick to offer diverse reactions to Apple's WWDC 2019 announcements, though generally agreeing that the company put a focus on unique software upgrades and helping out app developers.

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US Huawei ban may cause 3.1% decline in global smartphone shipments for 2019

06/03/2019, 10:06 am

The global smartphone market will continue to decline, new forecasts from Canalys suggests, with the actions of the US government in attacking Huawei and the ongoing US-China trade tensions thought to worsen shipment figures across the industry, and spare no manufacturers.

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Uber endures expected $1B loss in first post-IPO quarterly results

05/31/2019, 08:05 am

Ride-hailing app Uber reported a billion-dollar loss in its first quarterly financial results since becoming a public company, a loss attributed to rapidly-rising expenses as it continues to seek growth, and one that also met the company's forecasts for the quarter.

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The China government may want fewer iPhones sold, but intent to buy is still solid

05/30/2019, 01:05 pm

Despite the U.S.-China trade war, and loud anti-Apple sentiment on Chinese media, the iPhone is still in demand in China, according to a survey of purchase intent in the country.

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Huawei will consume Apple's lost Chinese smartphone market share, says JP Morgan

05/28/2019, 10:05 am

While Huawei is going to take a giant hit worldwide from US sanctions, Apple in China will likely see a drop in shipments for 2019, resulting in sales less than half the levels seen at its peak in 2015, says JP Morgan.

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Retaliatory Chinese iPhone ban could cause 'demand destruction,' hammer Apple's earnings

05/28/2019, 09:05 am

Apple could face serious "collateral damage" from the Trump administration's bans against Huawei, even if iPhone shipments seem to be on the rebound in the short term, Cowen analysts said on Tuesday.

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Citi analysts lower Apple earnings expectations over continuing US-China trade war tensions

05/28/2019, 08:05 am

The ongoing trade tensions between the United States and China has prompted analysts at Citi to cut their forecast for Apple's earnings in the second half of 2019, citing the belief unrest by Chinese consumers will result in lower iPhone demand in the country.

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Apple could take a 29% earnings bite if China threatened retaliatory ban

05/22/2019, 10:05 am

Though there's no sign of such action on the horizon, a Chinese ban on Apple business would decimate the company, knocking 29% percent off earnings, according to a Goldman Sachs analyst.

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