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

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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

Notable ETF Movers of the Day 01/14: (SLV) Higher; (TAN) (XLK) Lower

January 14, 2013 2:54 PM EST

Gainers:

iShares Silver Trust (NYSE: SLV) gained 2 percent to 30. Action in precious metals lifted spot silver, allowing it to test resistance at $31 per ounce. Platinum also traded higher today, with Physical Platinum Shares ETF (NYSE:... 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

Apple (AAPL) Suppliers on Watch on Component Cuts

January 14, 2013 7:04 AM EST

Apple (Nasdaq: AAPL) suppliers are on watch with shares of the iPhone maker under heavy pressure (-3.5%) early Monday on reports of steep component cuts.
... More

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

January 14, 2013 6:20 AM EST

Apple (Nasdaq: AAPL) is trading lower Monday morning amid chatter that demand for its iPhone 5 might be, well, light.

According to Japan's Nikkei news source, Apple has halved orders for iPhone 5 panels as demand is said to have dropped off.

Apple was initially expected to order 65 million panels in the current... More