Apple (AAPL) Slammed 7% as iPhone and Watch Miss

UBS Maintains Bullish Views on Apple (AAPL) Following 3Q15

July 22, 2015 10:36 AM EDT

UBS reiterated a Buy rating and $150.00 price target on Apple (NASDAQ: AAPL) following 3Q15. Analyst Steven Milunovich said that apart from a soft iPhone number of 47.5mn, APPL's quarter and outlook met consensus expectations. However, it is unclear if Sep guidance includes... More

Apple (AAPL) Shares Will be 'Challenged' as Results Fall Short of High Expectations - Deutsche Bank

July 22, 2015 8:58 AM EDT

Deutsche Bank maintained a Hold rating on Apple (NASDAQ: AAPL) with a price target of $125. Analyst Sherri Scribner commented on the stock following the release of Apple's Q3 results, noting difficultly the company is having meeting high Street expectations. Scribner also pointed out ongoing concerns about peaking smartphone market share.

"AAPL's F3Q-15 revenue, EPS, and GMs were above Street... More

Jefferies Maintained Hold Rating on Apple (AAPL) Following 3Q Beat

July 22, 2015 8:33 AM EDT

Jefferies maintained a Hold rating and $135.00 price target on Apple (NASDAQ: AAPL) following 3Q beat. Analyst Sundeep Bajikar said that although the results beat street estimates, the results and guidance missed higher expectations. on top of that, Bajikar said that checks suggested that Apple is facing strong competition, on... More

Apple (AAPL) Has Limited Downside, Says Pacific Crest

July 22, 2015 7:20 AM EDT

Pacific Crest maintained a Sector Weight rating on Apple (NASDAQ: AAPL) with a price target of $139. Shares declined after Apple reported disappointing Q3 results. In the view of analyst Andy Hargreaves, downside in the stock is limited.

"We see the risk/reward on AAPL as slightly positive. The stock may lack nearterm catalysts as investors digest the potential for iPhone units to decline... More

Apple (AAPL) Apple's smartwatch beat internal expectations: CFO

July 21, 2015 4:59 PM EDT

SAN FRANCISCO (Reuters) - Sales of Apple Inc's (NASDAQ: AAPL) smartwatch have exceeded internal expectations since the device's April launch, Chief Financial Officer Luca Maestri told Reuters in an interview on Tuesday.

He also said a strong dollar has created challenges for... More

Apple (AAPL) Declares $0.52 Quarterly Dividend; 1.6% Yield

July 21, 2015 4:55 PM EDT

Apple (NASDAQ: AAPL) declared a quarterly dividend of $0.52 per share, or $2.08 annualized.

The dividend will be payable on August 13, 2015, to stockholders of record on August 10, 2015, with an ex-dividend date of August 6, 2015.

The annual yield on the dividend is 1.6 percent.

For a... More

Apple (AAPL) Suppliers Decline as Shares Plunge Post-Earnings

July 21, 2015 4:51 PM EDT

Apple (NASDAQ: AAPL) suppliers declined post-market after the tech giant reported Q3 results that failed to impress.

Related names include:

Avago Tech (NASDAQ: AVGO)Broadcom (NASDAQ: BRCM)Cirrus Logic, Inc. (NASDAQ: CRUS)InvenSense (NYSE: INVN)Qualcomm (NASDAQ: QCOM)NXP Semiconductors (NASDAQ: NXPI)
... More

Apple (AAPL) Slammed on Ho-Hum Q3 EPS, Weaker iPhone and Watch Sales

July 21, 2015 4:42 PM EDT

iPhone giant Apple (NASDAQ: AAPL) is immediately trading off 7% after-hours Tuesday following third quarter results that were relatively in-line with Street estimates and iPhone and Watch units that missed the Street. The report did little to quell fears... More