Apple (AAPL): OLED iPhone May Be Delayed - Longbow
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Apple (AAPL) Announces All-New Redesigned App Store
June 5, 2017 3:17 PM EDTApple® (ASDAQ: AAPL)today unveiled the all-new App Store®, designed from the ground up to make discovering apps and games easier than ever before. The beautifully redesigned App Store is packed with original stories and editorial, updated daily in a new Today tab, as well as new Games and Apps tabs. Compelling stories, in-depth interviews, helpful tips and collections of must-have apps and games will showcase Apples unique perspective and aim to inform, help and inspire customers every day. App Store customers have now downloaded more than 180 billion apps and Apple has paid out... More
Pacific Crest Negative On Apple (AAPL), Cuts to Sector Weight, Says Cycle Priced-In But FY 2019 Sales Decline Is Not
June 5, 2017 5:30 AM EDTPacific Crest downgraded Apple (NASDAQ: AAPL) from Overweight to Sector Weight.
Analyst Andy Hargreaves says the upside from the iPhone 8 appears to be priced in to the stock. He tells clients in a Monday research note that the risks to Apple might not be priced in though. He is primarily speaking to the risk that iPhone sales could potentially decline in FY 2019.
Commenting the iPhone 8 upside first, Hargreaves says rewards from the phone are balanced against the risks: "we believe investors are anticipating an extremely strong iPhone 8 cycle, while giving relatively little... More
