Apple (AAPL) Watch Interest Lackluster, UBS Research Shows

Apple's (AAPL) Addressable Market for iPhone in China Based on Affordability, Says BofA/ML

BofA/Merrill Lynch maintained a Neutral rating on Apple (NASDAQ: AAPL) with a price target of $130. Analyst Wamsi Mohan noted that China is a large market for iPhones but Apple's addressable market is limited by affordability. The topic took on new importance this... More

Early Installment Plan iPhone Upgrades Could Provide Tailwind for Apple (AAPL), Piper Jaffray's Munster Says

Apple (NASDAQ: AAPL) shares are lower again today given ongoing China currency worries as the country again moved to devalue its currency. However, according to Piper Jaffray analyst Gene Munster, Apple may have a new tailwind - a shift to U.S. carrier device installment plans.

These plans offer customers to pay no money down and, in some cases, upgrade their devices earlier instead of the typical two-year subsidized window. AT&T and Verizon launched their Next and... More

Apple (AAPL) Slammed on China Move to Devalue Yuan

Apple (NASDAQ: AAPL) is under heavy pressure Tuesday, dropping 4.8% mid-day to $113.90. In addition to Apple Watch all but being called a "flop," China's move to devalue the yuan is... More

Apple (AAPL) PT Trimmed to $130 at Jefferies

Jefferies analyst Sundeep Bajikar reiterated a Hold rating and lowered his price target on Apple (NASDAQ: AAPL) to $130 from $135 to account for macro demand uncertainty for iPhone primarily in China, and incremental loss of investor confidence in Apple's ability to grow.

"Our EPS... More

Apple (AAPL) Defended Thrice... and It's Working

Market darling Apple (NASDAQ: AAPL) has been in the doldrums since earnings, in part on fear over decelerating iPhone growth. Today, however, shares are on the mend as not one, but three Wall Street analysts have come out to defend the name.

1. Bernstein analyst... More

Bernstein's Sacconaghi Lists Five Reasons Apple (AAPL) iPhone Units Might Grow Next Year

Amid the 10% underperfofmance since earnings on July 21, Bernstein analyst Toni Sacconaghi laid out 5 reasons Apple (NASDAQ: AAPL) iPhone units may grow next year. The analyst also reiterated an Outperform rating and price target of $142, noting Apple is now the "least expensive stock on an EV/FCF basis among the 25 largest cap tech companies moreover, the stock's valuation currently implies that its FCF will decline at nearly 5% in... More

Nomura Defends Apple (AAPL)

In addition to defense from Oppenheimer earlier, Nomura Securities analyst Jeffrey Kvaal is also out defending Apple (NASDAQ: AAPL) today. The firm reiterated a Buy rating and $145 price target.

"We believe the significant strengthening in bearish sentiment over the... More

Apple (AAPL) Weakness Unjustified, Oppenheimer Says

Oppenheimer analyst Andrew Uerkwitz came out in defense of Apple (NASDAQ: AAPL) with shares down 12.5% since its recent high of $132 following quarterly results. The firm reiterated its Outperform rating and $155 price target.

Uerkwitz believe the weakness can be attributed to fear over decelerating iPhone growth, a slowing Chinese economy, and lack of new growth drivers.

"We believe discounting Apple based on these concerns is unjustified," the analyst said.

The analyst highlighted the... More