Apple (AAPL) Said to Cut iPhone 5 Panel Orders as Demand Wanes

Notable ETF Movers of the Day 01/15: (XRT) (GLD) Higher; (XLK) Lower

January 15, 2013 1:15 PM EST

Gainers:

SPDR S&P Retail ETF (NYSE: XRT) gained 1.9 percent to 64.4. While strength was seen across the board, specialty retailer Genesco Inc. (NYSE: GCO) was a clear leader today, gaining 8 percent. This morning Genesco... More

The Halo is Not Cracked: Jefferies' Misek Talks Apple (AAPL) Q1 EPS, Component Cuts, and 'Cheap' iPhone

January 15, 2013 11:12 AM EST

Apple (NASDAQ: AAPL) continues under heavy pressure Tuesday as weak iPhone demand and margin fears continue to dominate trade. However in just 8 days the world will get a quarterly report card from the iPhone giant and will be able to see for themselves just how bad, or good, the company is doing.

Jefferies' Peter Misek, who was ahead of the Street on the Apple iPhone 5 component cuts (which dominated trade Monday), offered a preview of Apple's upcoming December quarterly report (FQ1) today. His view is that everything is okay and he expects a... More

Nomura Slashes Apple (AAPL) Price Target to $530, Sees Downside Risk of $400

January 15, 2013 7:49 AM EST

Nomura Securities slashed its price target on Apple (NASDAQ: AAPL) Tuesday from $660 to $530, while reiterating a Neutral rating.

Analyst Stuart Jeffrey notes iPhone pressures highlight margin fears, and sees potential downside to $400 on gross margin declines.

"To reflect signs of... More

BMO Capital Latest to Call Apple (AAPL) Component News "Old"

January 14, 2013 5:02 PM EST

BMO Capital's Keith Bachman was the latest to weigh in on Apple (NASDAQ: AAPL) following reports of order cuts for iPhone 5 components.

"We believe that this is consistent with news and reports that were circulated in mid-December," the analyst notes. "For... More

Dover (DOV) Might be Pressured as Investors Punish Apple (AAPL) Suppliers

January 14, 2013 3:39 PM EST

Stocks of number of Apple (Nasdaq: AAPL) suppliers faced pressure on Monday after rumors resurfaced that Apple had reduced iPhone 5 component orders. According to analysts at Deutsche Bank, Dover Corporation (NYSE: DOV) is among stocks being scrutinized.

"Within... More

Apple (AAPL) Component Cuts Related to Faster iPhone Refresh?

January 14, 2013 1:24 PM EST

Apple (NASDAQ: AAPL) remains under pressure following reports of iPhone 5 component order cuts throughout the supply chain. Despite some of these same concerns being discussed over the past month, Apple investors remain skittish and aren't taking any chances with earnings just nine days away.

Nikkei reported Apple cut its March quarter orders for iPhone 5 LCD screens by 50% from its original plan of 65 million. Apple also cut orders for other iPhone 5 components.... More

Research In Motion (RIMM) Continues to Gain on Apple's Woes

January 14, 2013 10:07 AM EST

Research In Motion Ltd (NASDAQ: RIMM) is continuing it recent surge into the launch of its highly-anticipated BB10 operating system later this month.

After ramping 13.8 percent on Friday, shares are up another 8.4 percent early Monday. Overall, the stock is up 137 percent from... More

Attention: Apple (AAPL) Component Cut News is a Month Old

January 14, 2013 8:21 AM EST

While Apple (NASDAQ: AAPL) is under heavy pressure early Monday on reports from the Wall Street Journal of component cuts, investors in the know may realize that this information is a month old.

Jefferies analyst Peter Misek picked up... More

BNP Takes Bearish View on Apple (AAPL) Suppliers with Weaker Demand Expected

January 14, 2013 7:28 AM EST
As reported earlier, Apple (Nasdaq: AAPL) is said to be facing lower demand in the first-quarter of 2013. BNP Paribas is taking the... More

Apple (AAPL) Says 'No' to Cheap iPhone, Shares Move Higher

January 10, 2013 3:10 PM EST

Contrary to recent reports, Apple, Inc. (NASDAQ: AAPL) is apparently not interested in a low-end smartphone. Shares are moving higher late in the session after marketing chief Phil Schiller told the Shanghai Evening News that the company will not make such a phone.
... More

Is 'Cheap' iPhone a Boon for Apple Suppliers?

January 9, 2013 2:43 PM EST

An overlooked part of news that Apple (Nasdaq: AAPL) is working on a cheaper version on the iPhone is what such a device could mean for Apple's many suppliers. Think about the potential of an additional 100 million iPhones being sold on an annual... More

Speculation Runs Wild as Apple (AAPL) Considers Low-End Smartphone

January 8, 2013 6:08 PM EST

This afternoon Apple (Nasdaq: AAPL) watchers were buzzing about a rumored low-end iPhone. While this rumor is not new, WSJ sources claim Apple is in fact working on the device, though no decision has been made to move forward. Among other features, the low-end... More