Apple (AAPL) Lower Again Following Dialog Semi's Warning
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RBC Capital Lowers Estimates, PT on Apple (AAPL)
December 17, 2015 8:53 AM ESTRBC Capital analyst Amit Daryanani is the latest to lower estimates on Apple (NASDAQ: AAPL) amid supply chain weakness. The analyst also lowered his price target to $140.00 (from $150.00) while maintaining an Outperform rating.
"We are adjusting Mar-qtr expectations lower to reflect a host of supply chain data points that suggest unit... More
Credit Suisse Cuts Numbers on Apple (AAPL) Again Following Latest Data Points
December 16, 2015 8:29 AM ESTCredit Suisse analyst Kulbinder Garcha is again lowering Apple (NASDAQ: AAPL) CY16 iPhone estimates by 8mn units, to 214mn, and CY16 EPS estimates by 4%, following weakness in the supply chain.
"Our own checks and Dialog's recent pre announcement, as well as research from our Asian team, suggest a deeper cut in December and March production volumes," Garcha said. "The cuts seem to... More
RBC Capital Weighs In on Apple (AAPL) Following Dialog's Warning
December 15, 2015 12:30 PM ESTRBC Capital analyst Amit Daryanani weighed in on Apple (NASDAQ: AAPL) following supplier Dialog's negative fourth quarter pre-announcement.
Daryanani notes that in addition to Dialog, a host of supply chain data points have been negative over the last few weeks that have... More
Apple (AAPL) Lower as Analyst Highlights Weaker iPhone Units
December 14, 2015 7:32 AM ESTApple (NASDAQ: AAPL) is indicated to open 1.2% lower Monday after Morgan Stanley's Katy Huberty lowered FY 2016 iPhone unit estimates by 12% and EPS by 6% to reflect weak supply chain datapoints, according to traders.
The analyst now sees CY 16 iPhone units declining by approximately 3%.
... More