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 $ […]

Tim Cook says he’s open to settling Qualcomm lawsuit, but expects a lengthy legal battle

One of the more pressing questions during Apple’s earning call earlier this afternoon centered on the company’s current litigation battle with Qualcomm. Toni Sacconaghi of Bernstein pressed Tim Cook for comments on Apple’s decision to sue Qualcomm, bringing up a past instance of Cook saying that he hated litigation: “I’ve always hated litigation, and I […]

KGI expects Apple to sell 2.5M iPad Pros in Q4 as TSMC found to be sole provider of A9x chip

Respected analyst Ming Chi-Kuo from KGI Securities has this evening issued an investor note in which he predicts sales for Apple’s latest tablet, iPad Pro. Kuo predicts in his note that Apple will sell between 2.4 million and 2.6 million iPad Pro units in the fourth quarter of 2015. As we head into 2016, Kuo expects those numbers […]