Credit Suisse Cuts Numbers on Apple (AAPL) Again Following Latest Data Points
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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
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 Again Following Dialog Semi's Warning
December 15, 2015 9:37 AM ESTApple (NASDAQ: AAPL) is lower again in early trade Tuesday (-0.4%) after supplier Dialog Semiconductor revised lower its revenue outlook for the fourth quarter. Dialog said it now expects revenue in the range of $390-$400 million, which compares to the prior guidance of $430-$460 million. Dialog specifically called out weakness Mobile Systems segment. Apple accounts for +75% of Dialogs total revenue, or as much as 90% of the companys Mobile System segment.
Stiel analyst Aaron Raker said the size of the Dialog miss leaves them to believe it is iPhone (vs. iPad)... More
