Trump orders companies to ‘start looking for an alternative to China,’ AAPL falls over 4%

President Trump sent a series of tweets on Friday afternoon addressing the relationship between the United States and China. The president ordered that U.S. companies “immediately start looking for an alternative to China,” which sent Apple stock down by over 4 percent. more… The post Trump orders companies to ‘start looking for an alternative to […]

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. AppleInsider – Frontpage News

Wall Street expects AAPL Q2 2019 revenue to be down 5-6%; more iPhone price-cuts likely

Tuesday will see AAPL Q2 2019 revenue announced by the company, and the Wall Street consensus is that Apple will announce numbers somewhere around the midpoint of its $ 55-59B guidance. That would represent a year-on-year decline of around 5-6%. The averages of four different analyst surveys show predictions ranging from $ 57.44B to $ […]

2019 AAPL shareholders meeting: New iPad Pro features, philanthropy controversy, Apple health push

Apple held its annual shareholders meeting today at the Steve Jobs Theater at Apple Park. While Tim Cook expressed excitement as he walked on stage, the meeting quickly saw some controversial topics brought up by a couple of shareholders. The meeting also included a vote on whether Apple’s board should be required to disclose ideological […]

Apple’s shock earnings warning sees AAPL stock plunge 9% in pre-market trading

Apple’s shock earnings warning – the first time it has issued one since 2002 – has sent the stock price crashing in pre-market trading. At the time of writing, AAPL is almost 9% down on yesterday’s close. Apple suppliers are also being hit hard, two of them even more badly than the iPhone maker … […]

Analysts expect AAPL to hit Q3 2017 earnings guidance, but note of iPhone 8’s impact going forward

Apple is set to release its Q3 2017 earnings tomorrow, Tuesday, August 1st. The company’s third fiscal quarter marks an interesting one as much of the news around Apple has shifted to the iPhone 8 that won’t be unveiled until later this year. Nevertheless, analysts except Apple to report numbers in line with guidance… more… […]

UBS says AAPL could reach $200/share as it hits 11th record high so far this year

A UBS analyst says that AAPL stock could reach as high as $ 200/share over the next 2-3 years, as the stock hit its 11th record high so far this year. It has already hit the equivalent of $ 1,000/share when you factor in the share split. MarketWatch notes that the stock yesterday set two records: its […]

This week’s top stories: iPhone 7 leaks, AAPL Q2 earnings, Apple Music releases, new apps & more

There was lots of news for Apple this week with the company’s Q2 2016 earnings representing some notable declines across the board despite reporting $ 50.6 billion in revenue and $ 10.5 billion in profit. But readers were more interested in the latest rumors and expectations for the upcoming iPhone 7 and Apple Watch 2, as well […]

Samsung and LG Reportedly quality checking out ‘Retina’ iPad display manufacturing for Apple

Rumors of Apple bumping the iPad as much as a better-resolution display got a brand new boost lately with The Korea times reporting that Apple has been working with Samsung and LG on new liquid crystal display know-how to supply displays with a resolution 2048×1536, double that of the existing iPad in each and every […]