Apple's (AAPL) Cook Criticized for Email Update to Cramer
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August 25, 2015 8:05 AM EDT
Nomura 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
August 24, 2015 11:47 AM EDT
Apple (NASDAQ: AAPL) shares have turned positive after being down as much as 13 percent earlier.
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August 24, 2015 11:47 AM EDT
Apple (NASDAQ: AAPL) goes green Up 0.7% to $106.51 after trading down to $92 earlier.
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August 24, 2015 11:42 AM EDT
Stifel is out with commentary on Apple (Nasdaq: AAPL) with respect to the company's China exposure.
Analyst Aaron C. Rakers said, At $13.2 billion in revenue during Apples June 15 quarter (+112% y/y), Greater China accounted for 26.7% of Apples total revenue. On a trialing 12-month basis, Apple generated $52.5 billion in revenue from Greater China, up 66% y/y and accounting for 23.4% of Apples total revenue. However, we believe the more notable metrics investors are focusing on is the fact that Greater China has accounted for 49.7% of Apples y/y growth... More
