Apple (AAPL) Being Thrown Out with the Bath Water, FBR Capital Says
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Nomura Securities Reiterates Buy on Apple (AAPL) Following CEO Update
August 25, 2015 8:05 AM EDTNomura Securities reiterated a Buy rating and $145.00 price target on Apple (NASDAQ: AAPL) following an update by CEO, Time Cook. Mr. Cook indicated internal updates as of yesterday morning showed China growth to be strong. With pricing in a ~%15 decline, Analyst Jeffrey Kvaal said... More
Apple (AAPL) Nears Flat on the Session
August 24, 2015 10:26 AM EDTApple (NASDAQ: AAPL) nears green on the session after trading down to $92 earlier.
... MoreCantor Fitzgerald Defends Apple (AAPL); Valuation 'Irrational'
August 24, 2015 10:10 AM EDTCantor Fitzgerald analyst Brian White reiterated his Buy rating and $195 price target on Apple (NASDAQ: AAPL) amid the recent sell-off. The analyst said the overblown China concerns and market malaise creates an irrational valuation.
White commented, "Growing fears regarding China have... More
Apple's Cook reassures investors on China, stock boomerangs
August 24, 2015 9:45 AM EDTBy Devika Krishna Kumar
(Reuters) - Apple Inc's Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker's business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in positive territory.
Chinese consumers are critical to fueling demand for iPhones, and a slump in the country's stock market and Beijing's recent devaluation of the yuan have shaken Apple investors already worried about slowing growth in the world's No. 2 economy.
With Chinese stocks plunging close to 9 percent earlier... More
